Tilray’s Aphria RX awarded German cannabis trading license | 2024-07-29 | Investing News

Date:

  • Tilray Brands (TSX:TLRY), a cannabis stock with operations in over 20 countries, is announcing that subsidiary Aphria RX GmbH has received a cannabis trading license in Germany
  • The German cannabis market is expected to grow from C$1.79 billion in 2024 to C$6.88 billion by 2034
  • Tilray is a leading global cannabis lifestyle and consumer packaged goods company supporting more than 20 brands with operations in Canada, the United States, Europe, Australia and Latin America
  • Tilray stock has given back 21.45 per cent year-over-year and 86.77 per cent since inception in 2021

Tilray Brands (TSX:TLRY), a cannabis stock with operations in more than 20 countries, is announcing that subsidiary Aphria RX GmbH has received a cannabis trading license in Germany.

After the award of a cultivation license just last week, Aphria RX will now be able to take full advantage of MedCanG, Germany’s cannabis act, by:

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