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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) 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, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Post by DaveInCalgaryon May 26, 2023 10:20am
154 Views
Post# 35465619

German Cannabis Legalization Update

German Cannabis Legalization Update

Lauterbach rejects criticism from Union countries of cannabis plans

Thursday, May 25, 2023

Berlin – Federal Minister of Health Karl Lauterbach (SPD) has rejected criticism from Union-governed countries of plans for a controlled legalization of cannabis.

The law is needed "if you want to push the black market into the background and get a grip on drug-related crime," said Lauterbach during the government survey yesterday in the Bundestag. Cannabis use will decrease as a result.

"We have increasing dependencies, we have more drug consumption, we have crime here, we have a problem that we can't get a grip on," says Lauterbach. A bill for the purchase of cannabis products with guaranteed quality should be developed during the summer break.

The federal government wants to partially legalize cannabis later this year. According to the will of the traffic light coalition, the possession of 25 grams of cannabis for personal use should remain unpunished in the future.

 

The plans envisage a state-controlled levy via associations and private cultivation of up to three plants. In a second step, sales via licensed specialist shops are to be tested in model regions.
According to the state, there should be no model regions for controlled cannabis sales in Bavaria, as Health Minister Klaus Holetschek (CSU) said. North Rhine-Westphalia recently followed suit with a rejection.


https://www.aerzteblatt.de/nachrichten/143476/Lauterbach-weist-Kritik-von-Unionslaendern-an-Cannabisplaenen-zurueck

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