Cannabis Stocks Gear Up For Germany's New Market: Check Out Who's Set To Win Big
Germany's vote this past Friday to legalize limited cannabis possession is a boost for cannabis stocks. Curaleaf Holdings, the largest U.S. Cannabis company by market cap, rose following the news. There are still very few medical marijuana patients in Germany. Analyst says the German market could explode to $1.7 billion by 2025.
Benzinga · 16h ago
Weekly Report: what happened at TLRY last week (0219-0223)?
Weekly Report · 1d ago
Cannabis Stocks Jump As Germany Legalizes Marijuana Possession
Germany's move to legalize limited cannabis possession and consumption for adults sent ripples through the cannabis industry. Shares of Curaleaf Holdings, the largest U.S. Cannabis company by market cap, rose 3.1% on Friday. Germany is the second G7 country to remove cannabis from the narcotics list.
Benzinga · 2d ago
Tilray Medical Applauds German Bundestag And Landmark Passage Of Medical Cannabis Act In Germany
Tilray Brands' medical cannabis division, Tilray Medical, welcomes the opening of the German medical cannabis market. The German Medical Cannabis Act was passed Friday. Tilray is one of only three cannabis cultivation facilities in Germany. The company says it is a global leader in medical cannabis.
Benzinga · 3d ago
Cannabis stocks rise as Germany takes ‘first big step’ toward broader legalization in Europe 
Germany removed cannabis from a list of narcotics as a potential boost to the marijuana business. German lawmakers paved the way for the creation of nonprofit "cannabis clubs" for the purchase of cannabis. U.S. Companies with a presence in the German market praised the move.
MarketWatch · 3d ago
Germany legalizes cannabis with restrictions
Healthcare Germany legalizes cannabis with restrictions. Germans will be able to smoke cannabis in many public spaces starting April 1. The law allows the possession of up to 25 grams of cannabis in public spaces and 50 grams in private homes. The German parliament approved a law to legalize recreational use of cannabis with strict rules and restrictions.
Seeking Alpha · 3d ago
Tilray Medical Applauds German Bundestag and Landmark Passage of Medical Cannabis Act in Germany
Barchart · 4d ago
'Law Enforcement Leaders Urge Biden To Reclassify Marijuana To Lesser Status' - The Hill
A group of law enforcement leaders urged President Biden to reclassify marijuana to a lesser status in a letter. The group cited the discrepancy between how marijuana is treated at the state and federal levels. 38 states are expected to legalize marijuana by the end of the year. Some Democratic Senators have urged the Biden administration to completely deschedule marijuana.
Benzinga · 4d ago
Double Your Fun With New Weed Treats From Canopy, Tilray And Cannabist
Canopy Growth Corporation has introduced five new pre-roll products from brands 7ACRES and Hiway. Canopy's five new weed pre-Rolls are part of the company's recreational cannabis portfolio. The company says the products are designed for a smooth and slow smoking experience.
Benzinga · 4d ago
Tilray's Premium Cannabis Wellness Brand, Solei, Launches New Cannabis Infused Cold Brew Teas
Peach Cranberry and Wildberry Hibiscus are two new ready-to-drink cold brew tea beverages by Solei. Solei's new cold brew teas are non-carbonated and come in 355ml per can. The two new flavours are made with a black tea base and blended with real fruit juice. Tilray is a leading global cannabis and consumer packaged goods company.
Benzinga · 4d ago
Tilray Brands, Selects MicroStar Logistics As Long-Term Keg Supply Chain Partner
Tilray Brands, Inc. Will consolidate and simplify its keg supply chain by converting to MicroStar's complete outsourced keg management solution. The move will support Tilray's strategy to grow efficiently and sustainably in the US beer market. Tilray has recently acquired eight additional iconic craft brands.
Benzinga · 4d ago
Tilray's Solei brand launches new cannabis-infused cold brew teas
Seeking Alpha · 5d ago
Cannabis Stock Gainers And Losers From February 20, 2024
Aurora Cannabis shares closed up 790.59% at $3.50. AusCann Group Holdings (OTC:ACNNF) shares also closed up 196.88%. GreenGro Technologies shares closed down 99.00% in the last day.
Benzinga · 6d ago
Morningstar Trims Tilray's Price Target, Here's What's Behind It
Morningstar reduced its price target for Tilray Brands, Inc. The analyst's report projects "mid-single-digit organic growth over the next 10 years" in the company's Canadian business. The company's acquisition of Hexo in 2023 is expected to consolidate the market in Canada.
Benzinga · 6d ago
Weekly Report: what happened at TLRY last week (0212-0216)?
Weekly Report · 02/19 09:00
Is Tilray Brands Stock a Buy in the New Bull Market?
Tilray Brands is diversifying into the alcohol industry. The company's stock is down 83% in the last five years. Tilray is in a bull market, but investors should focus on the company's long-term potential rather than its performance in the market. The cannabis industry could be a catalyst for Tilray.
The Motley Fool · 02/17 16:01
Village Farms International Sustains High Cannabis EBITDA Margins, Setting Stage For Growth, Market Research Shows
Village Farms International (NASDAQ:VFF) is a key player in the cannabis sector. The company posted impressive sales growth in 4Q23, surpassing top competitors. An encouraging turnaround in domestic recreational market share trends positions VFF favorably. VFF has sustained cannabis EBITDA margins in the high teens.
Benzinga · 02/17 02:07
Tilray Adds Critical Exhibit to Registration Statement
TipRanks · 02/16 21:42
This Company Was Once a Key Part of Tilray Brands' U.S. Strategy. It's Now Worthless.
Canada-based Tilray Brands is trying to enter the U.S. Pot market before it's legal. The company's shares have plummeted more than 90% in the past three years. Tilray has a $1.4 billion valuation, but the company has failed to live up to its expectations.
The Motley Fool · 02/16 21:06
How Retail Investors Should Evaluate Cannabis Stocks
Seeking Alpha · 02/15 23:30
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About TLRY
Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer 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, Bake Sale, XMG, Mollo, and others.