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. > Expansive Market Penetration Across Europe $TLRY

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Post by Savage97on Feb 20, 2024 8:54am

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Post# 35888473

Expansive Market Penetration Across Europe $TLRY

The burgeoning Europe medical marijuana market is poised for robust growth, as evidenced by the latest market insights which project an impressive leap from US$ 3,414.26 million in 2022 to US$ 9,703.38 million by 2028. This significant expansion is characterized by a Compound Annual Growth Rate (CAGR) of 19.0% over the forecast period. With the wave of legalization and growing acceptance of medical marijuana sweeping across Europe, countries such as Germany, France, and the UK are at the forefront in recognizing and embracing cannabis's therapeutic applications. Germany's mature medical marijuana market, France's exploratory pilot program, and the UK's regulatory adjustments to improve patient access, collectively exemplify the evolving landscape within the European Union. The divide of the Europe medical marijuana market encompasses several key regions including Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany currently leads the market share, with an anticipated surging growth rate, owing to significant investments in life science research across the region.

Amongst the listed countries, Germany stands out as the dominant player within the European market.

Notable industry leaders like Aphria, Inc., Canopy Growth Corporation, and GW Pharmaceuticals continue to contribute to the ever-expanding Europe medical marijuana market. A selection of companies mentioned in this report includes