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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

Comment by DaveInCalgaryon Nov 14, 2023 12:58pm
62 Views
Post# 35734747

RE:RE:There is no guarantee whatsoever, that

RE:RE:There is no guarantee whatsoever, that
Schedule 3 substances can be imported into USA per the existing federal code on imports + the existing definition of marijuana within that code as "non-narcotic" as long as the importer is "registered".
 
 
 No person shall import Schedule 3 "non-narcotic" ...unless and until such person is properly registered...

Firstly, per the definition page #2 part (17):
https://www.govinfo.gov/content/pkg/USCODE-2021-title21/pdf/USCODE-2021-title21-chap13-subchapI-partA-sec802.pdf

...Marijuana is NOT categorized as a "Narcotic" for purposes of IMPORTATION AND EXPORTATION OF CONTROLLED SUBSTANCES.
THE CODE OF FEDERAL REGULATIONS:
1312.11 Requirement of authorization to import:
https://www.ecfr.gov/current/title-21/chapter-II/part-1312/subject-group-ECFRc11ae182f37bc43/section-1312.11

No person shall import, or cause to be imported, into the customs territory of the United States from any place outside thereof (but within the United States), or into the United States from any place outside thereof, any non-narcotic controlled substance listed in Schedule III, IV, or V, excluding those described in paragraph (a) of this section, unless and until such person is properly registered under the Act (or, in accordance with part 1301 of this chapter, exempt from registration) and has filed an import declaration to do so in accordance with § 1312.18.
 
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