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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 Savage97on Sep 05, 2024 11:53am
135 Views
Post# 36209997

Weekly Newsletter of the German Cannabis Business

Weekly Newsletter of the German Cannabis Business

 2024-09-05


Recreational cannabis regulation

Cities demand control over cannabis sales - BMEL confirms that pilot projects are to come

08/27/2024 | Many cities in the Rhine-Main region are showing interest in participating as a model region for the legal sale of cannabis. Among the applicants are Frankfurt, Offenbach, the district of Gro-Gerau and Wiesbaden, as reported by the FAZ. In mid-August, the city of Wiesbaden announced a pilot project for the sale of cannabis in pharmacies. Milena Lbcke, head of the health department, signed a declaration to this effect, but there is still no law or competent authority to officially apply for such a project.

According to the Federal Ministry of Food and Agriculture (BMEL), a legal ordinance is to be issued to determine the competent authority, although the exact date is still open. At the same time, a draft bill for the second pillar of the Cannabis Act is being prepared under the leadership of the Federal Ministry of Health (BMG) to enable a scientific evaluation of the commercial supply chain, KrautInvest reports.

Wiesbaden is planning a five-year term for its pilot project, which is to be carried out in cooperation with the Center for Interdisciplinary Addiction Research in Hamburg. The city expects the final framework conditions to be determined by the BMEL, although it is unclear whether the Federal Office for Food and Agriculture or the Federal Office for Agriculture and Food (BLE) will make the final decision.

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