Curaleaf International: New Poll Shows European market is Ready for Legal Recreational Cannabis

Curaleaf International: New Poll Shows European market is Ready for Legal Recreational Cannabis
CANNANNEW REPORT

More than half of Europeans in 8 countries support adult-use cannabis legalisation and want the highest levels of regulation LONDON–(BUSINESS WIRE)–Curaleaf International (the “Company”), Europe’s largest vertically integrated cannabis company, welcomes the findings from a new European poll and report on the European recreational cannabis market, the first of its kind by Hanway Associates, an advisory firm specialising in strategy, research and M&A in the cannabis sector. The polling data published by Hanway Associates reveals that there is majority support across Europe for legal, government-regulated sales of cannabis products to adults over the age of 18 years. Overall, of the 9,043 adults surveyed, 55% supported legal recreational cannabis, 20% were indifferent and the remainder, 25%, were opposed. Of particular importance to Europeans was companies’ adherence to the highest standard of service and regulation in their approach to legal recreational cannabis, which is why a regulated retail offering is the least controversial option amongst supporters of legal recreational cannabis with 81% in favour vs social clubs (56% support) and home grown (62% support). Of all the respondents in the poll, 48% support regulated retail stores, 35% support home grown and 32% support social clubs. Home grown has the strongest opposition with 41% against amongst all respondents. These findings indicate promising commercial opportunities for stores and highly regulated product. Antonio Costanzo, Curaleaf International CEO, said: “This report makes it evident the majority of Europeans want to see recreational cannabis available in a way that allows adults access to high quality products that are regulated. As the largest vertically integrated cannabis company in Europe with a market-leading medical cannabis offering in nine European countries, I believe Curaleaf International is ideally positioned to leverage this opportunity. Moreover, our parent company, Curaleaf Holdings, utilises a Multi State Operator model in the USA that can be…

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