What’s Going On With Marijuana Stocks Tilray And Canopy Growth As Germany Legalizes Pot?

Tilray Brands, Inc. (NASDAQ:TLRY) and Canopy Growth Corporation (NASDAQ:CGC) shares are trading higher Friday after Germany approved the legalization of cannabis for adult use.

The Details:

Marijuana producer stocks, including Tilray and Canopy Growth, stocks are climbing after the German government approved legislation which legalizes the possession and cultivation of cannabis beginning April 1. 

Canopy Growth released a statement celebrating the historic event:

“The re-classification of cannabis as a non-narcotic is a game-changer for patients and physicians who will be empowered to better explore cannabis as a viable treatment option for an expanded range of condition(s),” said Tara …

Full story available on Benzinga.com