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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 divime1on May 26, 2023 7:58am
126 Views
Post# 35465342

Failed Cannabis Bills in Texas

Failed Cannabis Bills in Texas

TAMPA, Fla.May 26, 2023 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, issued a statement on the two failed cannabis bills in Texas.

Commenting on the recent failed legislation, Kristopher Kem, FLUENT Cannabis Care Texas President said:

While we are ultimately disappointed in the Texas Senate's failure to take action to decriminalize cannabis and expand the state's medical cannabis program, we commend Texas Rep. Joe Moody, Rep. Stephanie Klick and their respective authors and cosponsors of House Bill 218 and House Bill 1805 for their continued work to enact meaningful legislation on cannabis reform.

As of October of last year, Texas ranked number one in the U.S. for most cannabis possession arrests. For decades, cannabis prohibition has funneled thousands of Texans into the criminal justice system. With more than 80% of Texans supporting the decriminalization of cannabis and the legalization of medical cannabis in the state, we must continue to call on our elected leaders to act on the will of their constituents and right the wrongs of the past.

At FLUENT, we believe in broadening access to medical cannabis. We are currently expanding our delivery capabilities to support patient populations in Houston and Austin, because we believe that Texans – and all Americans – deserve access to safe, tested medical cannabis.

While we're disappointed in this legislative outcome, we're here to support the people of Texas and look forward to growing our operations and presence in the state.

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