Cannabis Giant Reveals UK's Illegal Online Sales Have Grown 50% Over 2 Years, Urges Government To Act
Portfolio Pulse from Nina Zdinjak
Curaleaf International, a subsidiary of Curaleaf Holdings, reports a 50% increase in illegal online cannabis sales in the UK over two years. The company urges the UK government to enforce stricter regulations on illegal sales and improve access to legal medical cannabis. The report highlights health risks from contaminated illegal cannabis and suggests potential NHS savings by prescribing medical marijuana for chronic pain.
October 24, 2024 | 5:46 pm
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Curaleaf Holdings' subsidiary highlights a significant rise in illegal cannabis sales in the UK, urging government action. This could impact Curaleaf's market position if regulations tighten and legal access improves.
Curaleaf International's report on the rise of illegal cannabis sales in the UK highlights a market challenge. If the UK government acts on these findings, it could lead to stricter regulations on illegal sales and improved access to legal cannabis, potentially benefiting Curaleaf by reducing competition from illegal markets and increasing demand for their regulated products.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80