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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 DuDliedingleon Aug 17, 2024 12:28am
28 Views
Post# 36183888

RE:Shorts Prepare to be Roasted

RE:Shorts Prepare to be Roasted
Savage97 wrote:

DEA Official: Marijuana Set to be Rescheduled by October, Thousands of Comments Already Analyzed:  


Search the marijuana Herald. News from today.

The public comment period for the proposed rescheduling ended on July 22, with over 43,000 comments submitted. The DEA is currently analyzing these comments, with a final ruling anticipated within the coming weeks.

The proposal to move marijuana to Schedule III was first published by the DEA on May 21, initiating a 60-day public comment period. With that period now concluded, the DEA’s focus has shifted to reviewing every comment, as required by law. According to the DEA official, this process is progressing as planned, despite the volume of comments.

“We’ve already analyzed tens of thousands of comments, but do still have thousands remaining. At this pace, we are still on track for a final rescheduling announcement to come prior to October,” the official stated.

The official requested anonymity, and while we could not independently verify their statements, we did confirm that the individual works for the DEA. This same official accurately informed us in January that the DEA would announce rescheduling before summer (an official announcement came a few months later, on April 30).

If marijuana is moved to Schedule III, it would allow medicines derived from it and its compounds to be prescribed nationwide, pending regulatory approval. The move would also provide state-legal medical marijuana patients and businesses with a range of federal protections.

Despite the DEA often taking months or even years to analyze comments and reach a final decision on rescheduling proposals, both President Biden and Attorney General Merrick Garland has instructed the agency to expedite the review process.

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Tell us something that was not the common knowledge going around. 
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