Where Weed is Legal 2023 A Toe Hold!
A great example is Curaleaf Holdings, Inc. (OTC:CURLF) – a Massachusetts-based leading medical and recreational cannabis company serving over 350,000 registered customers across 23 states ( 17 now) in the country. Curaleaf has worked to introduce new products in the American market, including the vape hardware system Cliq by Select, Select X Bites gummies, and even a cannabis-infused Seltzer brand. The company also maintains a presence in the U.K. and Germany – two of the countries that consume the most weed in Europe.
Since Germany is in the process of drafting its adult-use cannabis framework, Curaleaf Holdings, Inc. (OTC:CURLF) has already acquired a majority stake in the local pharmaceutical company Four 20 Pharma, thus positioning itself to take advantage of the upcoming adult-use opportunities. The company also anticipates that more countries will follow Germany’s lead in the coming years and adopt more liberal adult-use regulations.
A Foothold!
Similarly, Tilray Brands, Inc. (NASDAQ:TLRY) is a leading cannabis lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America. Headquartered in New York, Tilray is one of the leading global companies in the production and research of medical cannabis.
It was announced earlier this year that the industry giant’s medical cannabis division, Tilray Medical and FL Group, has received authorization from Italy’s Ministry of Health to distribute three new medical cannabis compounds to pharmacies across Italy, further broadening its portfolio of pharmaceutical grade cannabis offerings. Tilray Brands, Inc. (NASDAQ:TLRY) also announced a new strategic partnership with Pharmaidea, a Petrone Group company, to market and educate over 12,000 pharmacies across Italy on the benefits of medical cannabis and medical cannabis patient care.
https://finance.yahoo.com/news/top-20-countries-where-weed-120742547.html