About Dan K Reports

Dan K Reports is an analytical and policy research hub for cannabis markets, founded by Daniel Kief.

The platform combines empirical market research with practical tools for investors, policymakers, and industry stakeholders seeking data-driven insights into regulatory outcomes and market performance.

Research Contributions

Consumption Baseline Analysis Through analysis of government-reported dispensary sales and registered user populations, I've established that actual cannabis consumption averages ~1.0 grams per day (flower-equivalent), not the 1.5-2.0 g/day assumptions used by most industry analysts.

This finding fundamentally changes Total Addressable Market (TAM) calculations and explains why demand forecasts consistently overestimate market size by 30-50%.

Validated across Florida medical program data (929K patients, 447M grams annually), Oregon, Colorado, Michigan, Illinois, Washington, and Nevada markets.

Consumer-Driven Black Market Displacement Theory (CBDT) The ΔU framework quantifies legal market adoption based on five regulatory variables: pricing differential, supply density, product selection, regulatory friction, and enforcement intensity.

ΔU = 4(-g) + D + 1.2S + F + 0.6E

Currently validated across 7 U.S. jurisdictions, the model predicts legal market share by measuring consumer utility shifts from illicit to legal channels.

Tools & Resources

Market Optimization Calculator - Quantifies how regulatory adjustments impact legal market adoption using the CBDT framework

TAM Calculator - Calculates realistic Total Addressable Market estimates using verified consumption baselines (1.0 g/day) instead of inflated industry assumptions

Legislation Tracker - Monitors cannabis policy developments across U.S. jurisdictions with analysis of regulatory structure impact

MSO/LP Stock Screener - Filters multi-state operators and licensed producers by market fundamentals and regulatory positioning

The Data

All research uses verifiable government sources: state regulatory agency reports, official sales data, dispensary records. Datasets published via Harvard Dataverse with complete methodology documentation. Peer review in progress through SSRN.

Mission

Replace speculation with data. Provide policymakers, investors, and industry stakeholders with empirical tools for understanding cannabis market dynamics and regulatory outcomes.