RE:RE:RE:RE:RE:Tilray Brands - German Cannabis Legalization UpdateVentura2020 wrote:
Maersk wrote: Yes, a distribution deal for the Czech Republic which had 4,001 medical marijuana patients in 2022. It may have doubled by now.
Aphria/TLRY, ACB, Demecan etc have had a relationship for years.
Furthermore, German company Cansativa has become the sole distributor of all cannabis grown in Germany. The contract forecasts production of 10,400 kilograms for four years
I would expect that once Germany gets legalization completely finalized that additional (and larger) supply agreements will be rolled out. The immediate benefits will go to the companies with existing business relationships in country.
TLRY / CGC / ACB just to mention a few.
The market is grossly under valuing this sector IMHO considering the global demand for cannabis and cannabis related products. Stocks within the sector are grossly under priced as well but I have confidence this will improve with developments such as Germany and steps towards legalization within the US
There was a decent news recap just done on YouTube by the PoW Group. The Dales Report also produced some good content this week. Would recommend checking those out.