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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 Aug 31, 2023 10:04pm
162 Views
Post# 35615092

Tilray has FDA Approval

Tilray has FDA Approval
Canadian Marijuana Company Allowed to Legally Export Medicinal Cannabis to the U.S.
Getting approval was a months-long process for Tilray.

Canadian marijuana company has been granted permission by the U.S. federal government to export medicinal cannabis to California for scientific research.

 

The company, Tilray Inc., and Dr. Fatta Nahab, an associate professor of neurosciences at the University of California San Diego’s medical school, who is behind the research, believe it is the first time that the U.S. Drug Enforcement Administration (DEA) has given the green light to a Canadian producer to export a cannabis study drug south of the border, The Toronto Star reported. Getting approval was a months-long process that also required the U.S. Food and Drug Administration (FDA) to agree.

“It’s quite significant,” Dr. Catherine Jacobson, Tilray’s director of clinical research told the Canadian newspaper. “This is the first time a Canadian (licensed producer) has demonstrated to the FDA that a study drug produced in Canada from the cannabis plant can meet its standards.”


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