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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 Ventura2020on Dec 05, 2023 2:04pm
57 Views
Post# 35769525

RE:Tilray Brands - Germany

RE:Tilray Brands - Germany
Ventura2020 wrote:

Nice tease on the SP with Germany coming into play for a select few LP's that have large stake in the German market.
Unfortunately the momentum was disrupted due to the delay on the vote into the New Year. 

It looks like with the comment below, the 100kg per annum will be lifted, along with strains.

Now it’s Germany’s turn to welcome a level playing field

The tender procedure for the cultivation of the medicine, which limits domestic production to just three companies, is set to be abolished, while the amount that can be grown will no longer be capped.

Dr Constantin von der Groeben

Dr Constantin von der Groeben is the co-founder and managing director of Demecan, one of the three companies licensed to cultivate in Germany. 

He told the Business of Cannabisthe move would give local firms a significant leg up.

We are now free to cultivate as much cannabis as we want and can choose the strains we want to grow,” he said.

“Finally there will be a level playing field and German cultivators can compete properly with importers. Given our lower production costs and easy logistics, we will hopefully see a boom in medical cultivation in Germany.”

He added the three current licence holders – Demecan, Aurora and Tilray – will “probably” benefit the most given their first-mover advantage.

https://www.cannabiz.com.au/now-its-germanys-turn-to-welcome-a-level-playing-field/


Correction - 1000 kg limit per annum 
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