What’s Going On With Tilray Brands Stock Monday?
Tilray Brands Inc (NASDAQ:TLRY) shares are trading higher. The company on Monday announced that its cannabis cultivation facility in Germany received the first new cannabis cultivation license issued under Germany’s new Cannabis Act.
What To Know: Tilray said Aphria RX GmbH received the first new cannabis cultivation license issued under MedCanG. The license will allow Tilray’s German facility to cultivate and manufacture a broad commercial range of medical cannabis.
“We are thrilled to receive this license as it will provide greater access to some of the highest quality medical cannabis produced in Germany and enable us to expand the range of treatment options available to patients,” said Denise Faltischek, chief strategy officer and head of international for Tilray.
“We appreciate the trust that the German Government has placed in Tilray, and we are proud of our team for …