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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

Post by DaveInCalgaryon Apr 13, 2023 12:40pm
132 Views
Post# 35393285

Czechia's plans to legalize cannabis:

Czechia's plans to legalize cannabis:
Published on 13.04.2023

Buy up to 5 grams per day, but register in a database first

The draft new proposal, which the government will debate this month,
will also make it legal for firms to grow and sell the drug for recreational purposes.


Aside from generating income, Voboil says that the aim of the strictly controlled market is to increase consumer protection while ensuring that the cannabis produced is safe.
The government also wants better control of the quantity of cannabis on the market. 
 
The anti-drug coordinator claims that around 1 million people use illegal cannabis in various forms in the Czech Republic every year.
 
FAST FACTS ON CANNABIS IN CZECHIA
In 2021, Czechia had the highest use of cannabis among young adults in the whole EU
About 20 percent of people under the age of 34 have recently used cannabis
Just under 10 percent of all adults in Czechia report regularly using marijuana
According to estimates, 46 tons of dried hemp are consumed annually in the Czech Republic
If the law is passed, a cannabis market with a volume of up to 150 tons per year would be established in Czechia
Sources: European Monitoring Center for Drugs and Drug Addition, Czech Radio, Seznam Zprvy, Hospodsk noviny.

https://www.expats.cz/czech-news/article/legalizing-recreational-cannabis-in-czechia-buy-up-to-5-grams-per-day-but-you-need-to-register-in-a-database-first#.ZDgfL7gGIj1.twitter

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