Tilray completes first harvest of medical cannabis for distribution at German pharmacies

Dow Jones2021-07-07

MW Tilray completes first harvest of medical cannabis for distribution at German pharmacies

Tilray Inc. (TLRY) said its Germany-based subsidiary Aphria RX GmbH has completed the first successful harvest of medical cannabis, which was cultivated in Germany, for distribution to pharmacies. Tilray's stock rose 0.4% in premarket trading. The Canada-based cannabis company said the harvest if the first cultivated at its indoor growing facility in Neumunster, Germany. The distribution was carried about by a distributor on behalf of the German Cannabis Agency. "Our harvest in Germany represents an important milestone in granting access to high-quality and trustworthy medical cannabis to patients and healthcare professionals in Germany," said Tilray's Chief Strategy Officer Denise Faltischek. Shares of Tilray, which is the world's largest cannabis company by revenue following the recent completion of its merger with Aphria, have soared 102.4% year to date through Tuesday, while the Cannabis ETF (THCX) has rallied 33.1% and the S&P 500 has gained 15.6%.

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Comments

  • Nagbaba
    2021-07-07
    Nagbaba
    Lets wait
  • kayden
    2021-07-07
    kayden
    like and comment thx
    • Starbucks
      Seems good but Still speculative! [Thinking]
  • NPC69
    2021-07-07
    NPC69
    Like. 
  • abp
    2021-07-07
    abp
    Please like and comment
  • Tiger user
    2021-07-07
    Tiger user
    [開心] [開心] [開心] [微笑] 
  • Casey7880
    2021-07-07
    Casey7880
    Awesome 
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