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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 Vegas63on Jan 06, 2024 5:48pm
167 Views
Post# 35814079

FDA approves Florida to buy Canadian drugs cheaper

FDA approves Florida to buy Canadian drugs cheaper NOT  marijuana  ,,,,when I saw this on the CTV  news  it makes me wonder  ? 
Other   United States  pharmaceutical companies are not thrilled about this  but Florida stands to
save   $ 140  million dollars... ( not a bad savings for just one state  )

Biden used his executive order to prompt the FDA (  Food and Drug  association  ) to buy Canadian drugs cheaper,,, because they are manufactured much cheaper in Canada...
He said competition is required to bring down other American pharmaceutical companies,,,

Having a captive audience  / captive  clients     that  MSO American marijuana companies have
because Marijuana is not  legalized at the federal level   ,,, meaning only  MSO companies can sell
Marijuana in the United States,,,  will last as long as Marijuana is not legalized at the federal level..

Once it is legalized at the federal level  I believe other Countries  ( Canada  ) will be selling in the United States as well, 

Some people might say they won't get approved,,they  will have to apply for  a license and will never 
be granted  one  ,,,,  

The answer is they will apply  for a license once they are able to and will get approved to sell
Marijuana in the United States,,,

Then it comes down to like all products quality  ,  price  ,  choices   etc....

Until then MSO marijuana companies in the United States will have a captive audience  / captive clients    and have 100 %   of the market share in the United States,,,

Who knows maybe it's better the United States never legalize at the federal level  ,,because when they 
do   Tilray will be selling marijuana there as soon as possible,,,,

Vegas 
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