Curaleaf Report: Online and unregulated cannabis poses serious health risks with mould, lead, and synthetic cannabinoids detected
Rhea-AI Summary
Curaleaf International released a report highlighting significant concerns about illegal online cannabis sales in the UK, which have increased by 50% in the past two years. The study reveals that 73% of online purchases are driven by consumers seeking relief from health conditions. Testing showed illegal cannabis contains harmful contaminants including mould, lead, and synthetic cannabinoids, posing serious health risks to 1.8 million UK users who self-treat medical conditions. Despite these dangers, 17% of cannabis consumers believe illegal cannabis is safer than regulated medical cannabis or don't recognize the difference. Curaleaf advocates for stronger enforcement, public education, improved patient access, and expanded research to address these challenges.
Positive
- None.
Negative
- Illegal online cannabis sales increased 50% in past two years, threatening regulated market share
- 73% of illegal market driven by medical consumers who could be legal customers
- Contaminated products in illegal market undermining legitimate business operations
- 17% of consumers misunderstand safety differences, indicating market education challenges
News Market Reaction 1 Alert
On the day this news was published, CURLF declined 2.05%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Illegal cannabis sales through unregulated online retailers have increased
50% in past two years 73% of the illegal online market is driven by those seeking relief from health conditions- Tests show illegal cannabis in the
UK contains harmful substances such as mould, lead, and synthetic cannabinoids, posing serious health threats to consumers - Curaleaf International calls for public education, stronger enforcement, and regulatory reform to tackle the illegal market and safeguard consumers
Curaleaf's latest report reveals that illegal online cannabis sales via the open and dark web have risen by
This is largely being driven by consumers buying illegal cannabis to seek relief from health conditions like chronic pain, insomnia, and anxiety (
Curaleaf's report, developed in partnership with
Despite dangers including respiratory issues, neurological damage, and increased risk of infection, one in five (
Curaleaf International advocates for a holistic reform strategy that encompasses:
- Tightened Regulation of Illegal Channels: Strengthening enforcement against unlicensed online sales and dark web activity to protect consumers from unregulated and potentially dangerous products.
- Public Awareness Initiatives: Launching comprehensive campaigns to educate the public on the risks associated with unregulated cannabis products and the advantages of the existing legal medical cannabis market. These campaigns will ensure patients make informed choices based on reliable information about regulated medical cannabis, which meets stringent safety and quality standards, unlike illicit products.
- Policy Changes to Improve Patient Access to Medicine: Simple regulatory and policy changes could significantly improve patient access to medical cannabis. For instance, enabling electronic prescribing of cannabis medicines would reduce the bureaucracy imposed on doctors and improve the efficiency of medicine dispensing.
- Expanded Research into Medical Cannabis: Promoting further clinical research to unlock the full therapeutic potential of cannabis. As a leader in the industry, Curaleaf International is already pioneering studies to advance the understanding of how medical cannabis affects patients with a range of diagnosed medical conditions, where other treatments have not provided relief.
Juan Martinez, Head of Curaleaf International, stated: "While the online market for illicit cannabis is growing year on year and remains completely unregulated, the
Boris Jordan, Chairman and CEO at Curaleaf Inc, added: "The findings in this new report echo our concerns across the globe, and highlight serious risks to patients in the
About Curaleaf International
Curaleaf International is shaping the future of cannabis through its commitment to research and product excellence. Powered by a strong presence at all stages of the supply chain, its unique distribution network throughout
Curaleaf International's network includes a clinic, pharmacy, and laboratory in the
Curaleaf International is part of Curaleaf Holdings, Inc., a publicly listed business and the world's largest cannabis company.
Contact:
Iskander Javed
iskander@thirdcity.co.uk
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SOURCE Curaleaf International