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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 Dec 06, 2023 7:26pm
236 Views
Post# 35772080

Tilray Brands - American Cannabis Update

Tilray Brands - American Cannabis Update
House Oversight and Accountability Committee Chair James Comer (R-Ky.) said Wednesday that he would support Washington, D.C., taxing and regulating legalized marijuana.
 
Comer told reporters he would support it “if that is what the city wants,” Politico first reported, and his office confirmed to The Hill. His comments come after a meeting with Washington Mayor Muriel Bowser focused on local crime.

Nearly two-thirds of D.C. voters favored legalizing marijuana for adult use in a 2014 ballot initiative. In the District, the possession of up to 2 ounces of marijuana is decriminalized for residents 21 years or older for recreational or medical use, according to the district’s marijuana laws.
 
Marijuana remains federally illegal, making the issue a legal gray area.
 
Comer’s comments differ from congressional Republicans’ views on marijuana sales in the past.
 
In March 2022, the GOP preserved a years-old provision known as the Harris rider, which bars the legalization of recreational sales. Local officials have pushed Congress to remove the rider by arguing that the cash-only market has caused more robberies and other violent crime.
 
Bowser and other local officials have been criticized after crime shot up across the district this year.
 
Rep. Henry Cuellar (D-Texas) was carjacked outside his Navy Yard apartment in October. In February, Rep. Angie Craig (D-Minn.) was attacked and assaulted in her D.C. apartment building’s elevator.

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