Tilray Brands, Inc. TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

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.

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Tilray Brands, Inc.

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Post by DaveInCalgaryon Jan 17, 2024 11:43am

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Tilray Brands - German Cannabis Legalization Update

SPD wants to pass cannabis law “promptly”.

Fromdpa

Updated on January 17, 2024

The Social Democrats are determined to legalize cannabis in Germany - despite internal concerns and questions about details.

The SPD parliamentary group continues to strive for the law to legalize cannabis to be passed in the Bundestag “in a timely manner”. “We are sticking to that,” said parliamentary group leader Katja Mast in Berlin .

At the end of November, the traffic light coalition factions agreed to remove cannabis from the list of banned substances in the Narcotics Act. Home cultivation and possession of certain amounts of the drug will be permitted for adults from April 1, 2024. Clubs for collective cultivation should also be possible on July 1st.

However, SPD domestic politicians expressed concerns shortly after the agreement. This involved various relaxations, such as smaller minimum distances from schools and daycare centers when consuming cannabis. The deputy parliamentary group leaders for health and internal affairs, Dagmar Schmidt and Dirk Wiese, then declared at the beginning of December: "We are on the home stretch and are in good spirits to pass the bill in the German Bundestag in the new year."

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Mast emphasized that this plan will remain the same. “I am confident that this will then be passed.” “Clarifying discussions” are currently taking place.

Sources used