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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 Jun 15, 2023 9:44am
163 Views
Post# 35497814

European Cannabis Update

European Cannabis UpdateLUXEMBOURG – In the pipes for many years, the text on the legalization of cannabis will soon be voted on.
PostedJune 14, 2023, 10:11 PM
IN LUXEMBOURG

Provided for in the 2018-2023 coalition agreement, the law on the decriminalization of recreational cannabis “will be debated and voted on in public session during the week of June 26”, indicates this Wednesday the Chamber of Deputies on its website.

As a reminder, the text provides for authorizing adult residents to grow up to four plants at home, from seed. Plants should not be visible from the public space. Consumption must also be done at home under penalty of being fined up to 250 euros.
 

No sale to minors and non-residents


The State will control the production chain (two producers planned in Luxembourg), the points of sale and the price. To buy cannabis from one of the 14 places of sale, you must be a resident and be at least 18 years old.

The points of sale must ensure, through the common computer system, that the maximum quantity of 5 grams per day, acquisition and customer is not exceeded. During a meeting of the Justice Committee on Wednesday, Minister Sam Tanson recalled that the consumption of recreational cannabis in penitentiary centers will remain prohibited.

 


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