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Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by BudFoxx2020on Mar 24, 2022 9:59pm
274 Views
Post# 34543937

RE:Congress plans vote on federal legalization of the drug next

RE:Congress plans vote on federal legalization of the drug next

Just be quick.  This is the same vote that passed last year.  Reddit just running with it again setting up another big pump.  Cheers.  

 

Full US House poised to vote on federal marijuana legalization again

The U.S. House of Representatives might vote as soon as next week on a comprehensive marijuana legalization bill, but the vote would be largely symbolic unless the Senate were to follow suit.

The social justice-focused Marijuana Opportunity, Reinvestment and Expungement (MORE) Act is up for consideration by the full House next week, according to a House notice published Thursday.

In a landmark vote, the previous House passed MORE in December 2020 by a margin of 228-164 with a handful of Republicans supporting the bill.

But the bill went nowhere in the Senate before the end of that two-year legislative cycle, so the measure needed to start over with the new Congress that was seated in January 2021.

The next vote, if it occurs, comes only weeks before Sen. Majority Leader Chuck Schumer is expected to introduce his long-awaitedcomprehensive marijuana legalization measure called the Cannabis Opportunity and Administration Act.

U.S. Cannabis Council CEO Steven Hawkins said in a statement that the organization is encouraged with the news that the House might vote on MORE.

Last week, we convened over 20 cannabis industry CEOs in Washington for meetings with 60 members of Congress, and their staff. The CEOs came away from those meetings confident that real progress is within reach this year,” Hawkins wrote.

Morgan Fox, political director of NORML, wrote in a group email to supporters Thursday about the importance of “continuing building momentum for removing marijuana from the Controlled Substances Act and repairing the harms caused by America’s disastrous federal marijuana laws.”

Expert advice for a stronger shelf life

Learn the fundamentals for getting started in cannabis retail in this comprehensive guide curated by the editors at MJBizDaily with help from industry experts.

Inside the MJBizDaily Retail Buyers Guide:
  • Learn best practices for designing a cannabis dispensary.
  • Select display infrastructure that supports industry compliance.
  • Choose the right point-of-sale system for your operation.
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Fox said a vote on MORE “will provide us with a record of where our elected officials stand on this important public policy” as Congress heads into midterm elections.

But Fox also indicated much work needs to be done to build a strong bipartisan coalition backing federal legalization.


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