Study Discovers Altering Cannabis Customer and Usage Practices

Almost Half of Grownups, Consisting Of Moms And Dads, Are Switching Alcohol for Cannabis Because Start of Pandemic

WAKEFIELD, Mass., Dec. 9, 2020/ PRNewswire/– A brand-new study performed by The Harris Survey on behalf of Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (” Curaleaf” or the “Business”), a leading U.S. service provider of customer items in cannabis, discovers that 42% of grownups aged 21+ who have actually ever taken in cannabis have actually begun or increased their usage given that the start of the pandemic.

According to the study by the independent pollster, performed online in October 2020 amongst almost 2,000 U.S. grownups aged 21+, the primary factors lots of Americans have actually picked to begin or increase their cannabis usage given that the pandemic started consist of:

  • to minimize tension and stress and anxiety (54%; ladies (64%) and guys (47%))
  • to unwind (50%; ladies (50%) and guys (49%))
  • to assist them sleep (48%; ladies (52%) and guys (45%))

This shift in usage practices reaches moms and dads of kids under 18 (” moms and dads”). In truth, majority (52%) of moms and dads who have actually ever taken in cannabis state they have actually begun or increased their cannabis usage given that the start of the pandemic, compared to 33% of those who are not moms and dads of kids under 18. These mother and fathers of kids under 18 are likewise most likely to take in cannabis mostly for medical usage (58% vs. 44%).

The study likewise discovered that majority (57%) of moms and dads with kids under 18 who have actually ever taken in cannabis have actually minimized or changed their alcohol usage with cannabis given that the start of the pandemic.

In General, among all adult cannabis customers aged 21+, 45% state they have actually minimized or changed their alcohol usage with cannabis, and one-third (33%) of those who take in cannabis for adult usage state they choose cannabis to alcohol.

” Informing customers around cannabis usage is so essential,” stated Stacia Woodcock, PharmD and Dispensary Supervisor for Curaleaf in New York City “Curaleaf’s pharmacists and dedicated dispensary partners make it a top priority to inform our clients and customers and assist them discover the best items to make cannabis a part of their lives.”

The study results come as the cannabis market continues to end up being destigmatized and progress into a significantly traditional function within society. Guvs throughout the nation designated the market an “vital service” throughout the pandemic, acknowledging the essential function cannabis plays serving the health and health requirements of customers. In November, citizens in 5 states authorized tally procedures broadening access tocannabis Medical cannabis will be offered in 36 states and adult-use in 15 states and Washington D.C.

” Considering that the start of the pandemic, we have actually seen a boost in brand-new customers at our dispensaries with more individuals checking out cannabis,” stated Joe Bayern, President of Curaleaf. “The liberalization of the plant– and the increasing variety amongst customers who enjoy it– will continue as the public ended up being more thinking about integrating cannabis into their health and health regimens.”

The study likewise discovered resemblances in cannabis usage despite academic level or marital status, and throughout various areas of the nation.

About Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (” Curaleaf”) is a leading U.S. service provider of customer items in cannabis, with an objective to enhance lives by offering clearness around cannabis and self-confidence around usage. As a vertically incorporated, high-growth cannabis operator understood for quality, knowledge, and dependability, the business and its brand names, consisting of Curaleaf and Select offer industry-leading service, item choice, and availability throughout the medical and adult-use markets. Curaleaf presently runs in 23 states with 95 dispensaries, 22 growing websites, and over 30 processing websites, and utilizes over 3,000 employee throughout the United States Curaleaf is noted on the Canadian Securities Exchange under the sign CURA and trades on the OTCQX market under the sign CURLF. To find out more please see www.curaleaf.com.

About the Study
This study was performed online within the United States by The Harris Survey on behalf of Curaleaf from October 8– 12, 2020, amongst 1,895 U.S. grownups ages 21+, of whom n= 772 have actually ever taken incannabis This online study is not based upon a likelihood sample and for that reason no price quote of theoretical tasting mistake can be computed. For total study approach, consisting of weighting variables and subgroup sample sizes, please contact [email protected].

About The Harris Survey
The Harris Survey is among the longest running studies in the U.S., tracking popular opinion, inspirations and social belief given that 1963. It is now part of Harris Insights & & Analytics, a worldwide consulting and marketing research company that aims to expose the genuine worths of contemporary society to influence leaders to produce a much better tomorrow. We deal with customers in 3 main locations: developing twenty very first century business credibility, crafting brand name method and efficiency tracking, and making natural media through public relations research study. Our objective is to offer insights and advisory to assist leaders make the very best choices possible.

FINANCIER CONTACT
Curaleaf Holdings, Inc.
Dan Foley, VP, Financing and Financier Relations
[email protected]

MEDIA CONTACT
Curaleaf Holdings, Inc.
Tracy Brady, VP Corporate Communications
[email protected]

FORWARD LOOKING DECLARATIONS
This media advisory includes forward– looking declarations and forward– looking info within the significance of relevant securities laws. These declarations connect to future occasions or future efficiency. All declarations aside from declarations of historic truth might be forward– looking declarations or info. Typically, positive declarations and info might be recognized by the usage of positive terms such as “strategies”,” anticipates” or, “proposed”, “is anticipated”, “plans”, “expects”, or “thinks”, or variations of such words and expressions, or by the usage of words or expressions which mention that specific actions, occasions or outcomes might, could, would, or may happen or be accomplished. More especially and without constraint, this press release includes forward– looking declarations and info worrying a nationwide customer study performed by The Harris Survey. Such positive declarations and info show management’s existing beliefs and are based upon presumptions made by and info presently offered to the business with regard to the matter explained in this brand-new release. Positive declarations include dangers and unpredictabilities, which are based upon existing expectations since the date of this release and topic to understood and unidentified dangers and unpredictabilities that might trigger real outcomes to vary materially from those revealed or suggested by such declarations. Extra info about these presumptions and dangers and unpredictabilities is consisted of under “Danger Elements and Unpredictabilities” in the Business’s newest yearly info type submitted September 23, 2019, which is offered under the Business’s SEDAR profile at www.sedar.com, and in other filings that the Business has actually made and might make with relevant securities authorities in the future. Positive declarations consisted of herein are made just regarding the date of this news release and we carry out no responsibility to upgrade or modify any positive declarations whether as an outcome of brand-new info, future occasions or otherwise, other than as needed by law. We warn financiers not to put substantial dependence on the positive declarations consisted of in this news release. The Canadian Securities Exchange has actually not examined, authorized or disapproved the material of this press release.

SOURCE Curaleaf Holdings, Inc.

Associated Hyperlinks

https://www.curaleaf.com

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