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Bullboard - Stock Discussion Forum 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... see more

NDAQ:TLRY - Post Discussion

Tilray Brands Inc > Federal Government Continues to Withhold Key Cannabis
View:
Post by Ventura2020 on Nov 22, 2023 4:50pm

Federal Government Continues to Withhold Key Cannabis

Scheduling Recommendation Letter Despite FOIA Requests, Lawsuit

After nearly three months and multiple Freedom of Information Act requests, the U.S. Department of Health and Human Services still has not publicly confirmed that it recommended cannabis be reclassified as a Schedule III controlled substance. One attorney who filed a lawsuit to obtain the letter calls the situation "asinine" and "profoundly disappointing."
https://www.cannabisbusinesstimes.com/news/cannabis-rescheduling-letter-government-withhold-schedule-iii/

Comment by Ventura2020 on Nov 22, 2023 6:52pm
The moral of the story, it really doesn't matter for Tilray Brands. Don't read to much into that though, it will rocket on any press release of forward progress in the legalization of Cannabis in the USA. Tilray Brands is entering into a $110 bil ($28 bil Craft) beverage industry in 2024 with 13 breweries. Federally legal in all states, with Tilray Brands sales in close to all 50 ...more