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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 Nov 10, 2023 4:27pm
110 Views
Post# 35729375

Tilray Brands - German Cannabis Legalization Update

Tilray Brands - German Cannabis Legalization Update
Post by DaveInCalgary on Nov 10, 2023 11:40am  

Reposted


Tilray Brands - German Cannabis Legalization Update

 
Carmen Wegge    @CarmenWegge

"The CannG will be decided in December. This means that we are not keeping to the schedule. I know this is a huge disappointment for many. That's why this decision wasn't easy for anyone. However, well-designed improvements are in all of our interests."

Note: Delayed from final reading originally scheduled for Nov 16 then final decision likely late November.
But delayed with Middle East, now catching up with "improvements".

This is for Pillar 1 of the Cannabis act, which for the most part is Cannabis Clubs that have nothing to do with commercial cannabis.

Concerns about distance from schools, etc

German Medical Cannabis is separate from the German Cannabis Act

"Medical cannabis should be legally clearly separated from cannabis for non-medical purposes. Medical cannabis is therefore not regulated in the Cannabis Act, but in a separate Medical Cannabis Act. The content of the existing regulations on medical cannabis remains"


https://www.bundesgesundheitsministerium.de/presse/pressemitteilungen/bundeskabinett-beschliesst-cannabisgesetz-pm-16-08-23.html

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