Tilray Brands (NASDAQ:TLRY) Azioni

Tilray Brands

Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. US exposure consists of CBD products and alcohol.

Tilray Brands Inc

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/CANN">Trees</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CANN#OTC">CANN</a>) shares closed up 81.48% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/OILFF">Nextleaf Solutions</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OILFF#OTC">OILFF</a>) shares closed up 22.22% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/BLGVF">Belgravia Hartford Cap</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BLGVF#OTC">BLGVF</a>) shares closed up 15.34% at $0.08</li>
<li><a href="https://www.benzinga.com/quote/CURR">Currenc Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURR#NASDAQ">CURR</a>) shares closed up 13.86% at $0.42</li>
<li><a href="https://www.benzinga.com/quote/ITHUF">iAnthus Capital Hldgs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITHUF#OTC">ITHUF</a>) shares closed up 10.17% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/TGIFF">1933 Industries</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGIFF#OTC">TGIFF</a>) shares closed up 9.21% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/LMLLF">Pharmadrug</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LMLLF#OTC">LMLLF</a>) shares closed up 8.67% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/SOL">Emeren Group</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) shares closed up 6.18% at $1.89</li>
<li><a href="https://www.benzinga.com/quote/CBWTF">Auxly Cannabis Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBWTF#OTC">CBWTF</a>) shares closed up 4.63% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/NWVCF">EnWave</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NWVCF#OTC">NWVCF</a>) shares closed up 4.00% at $0.29</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/XXII">22nd Century Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares closed down 95.46% at $8.72</li>
<li><a href="https://www.benzinga.com/quote/FFNTF">4Front Ventures</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FFNTF#OTC">FFNTF</a>) shares closed down 40.00% at $0.0003</li>
<li><a href="https://www.benzinga.com/quote/GNLN">Greenlane Hldgs</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares closed down 13.46% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/MXC">Mexco Energy</a> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MXC#AMEX">MXC</a>) shares closed down 13.07% at $11.40</li>
<li><a href="https://www.benzinga.com/quote/ACB">Aurora Cannabis</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>) shares closed down 12.39% at $4.08</li>
<li><a href="https://www.benzinga.com/quote/BBRRF">Blueberries Medical</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BBRRF#OTC">BBRRF</a>) shares closed down 12.00% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/CRLBF">Cresco Labs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>) shares closed down 10.08% at $0.43</li>
<li><a href="https://www.benzinga.com/quote/RMHB">Rocky Mountain High</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMHB#OTC">RMHB</a>) shares closed down 7.89% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CWBHF">Charlottes Web Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CWBHF#OTC">CWBHF</a>) shares closed down 6.90% at $0.09</li>
<li><a href="https://www.benzinga.com/quote/UGRO">Urban-gro</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UGRO#NASDAQ">UGRO</a>) shares closed down 5.44% at $0.34</li>
<li><a href="https://www.benzinga.com/quote/BGRDF">HYLQ Strategy</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BGRDF#OTC">BGRDF</a>) shares closed down 4.84% at $2.85</li>
<li><a href="https://www.benzinga.com/quote/TCNNF">Trulieve Cannabis</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCNNF#OTC">TCNNF</a>) shares closed down 4.80% at $3.45</li>
<li><a href="https://www.benzinga.com/quote/CGC">Canopy Growth</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) shares closed down 4.65% at $1.24</li>
<li><a href="https://www.benzinga.com/quote/KAYS">Kaya Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KAYS#OTC">KAYS</a>) shares closed down 4.27% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed down 3.78% at $0.36</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cannabis

Markets

Movers

BBRRF

BGRDF

BLGVF

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CANNABIS WHEATON INCOME by Cannabis Wheaton Income Corp.

CBWTF

CRLBF

CURE PHARMA HLDG CORP by CURE Pharmaceutical Holding Corp.

CURR

CWBHF

FFNTF

GNLN

ITHUF

KAYS

LMLLF

NWVCF

OILFF

RMHB

TCNNF

TGIFF

TLRY

UGRO

XXII

Marijuana Stock Movers For June 20, 2025

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/LMLLF">Pharmadrug</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LMLLF#OTC">LMLLF</a>) shares closed up 33.80% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/CBDY">Target Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBDY#OTC">CBDY</a>) shares closed up 17.65% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/ZDPY">Zoned Properties</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ZDPY#OTC">ZDPY</a>) shares closed up 9.41% at $0.56</li>
<li><a href="https://www.benzinga.com/quote/CVSI">CV Sciences</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CVSI#OTC">CVSI</a>) shares closed up 7.93% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/BGRDF">Tony G Co-Investment</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BGRDF#OTC">BGRDF</a>) shares closed up 5.36% at $2.95</li>
<li><a href="https://www.benzinga.com/quote/CRBP">Corbus Pharmaceuticals</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRBP#NASDAQ">CRBP</a>) shares closed up 4.12% at $8.28</li>
<li><a href="https://www.benzinga.com/quote/OILFF">Nextleaf Solutions</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OILFF#OTC">OILFF</a>) shares closed up 3.90% at $0.05</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/MGWFF">Maple Leaf Green World</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MGWFF#OTC">MGWFF</a>) shares closed down 36.82% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/XXII">22nd Century Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares closed down 22.10% at $0.48</li>
<li><a href="https://www.benzinga.com/quote/GNLN">Greenlane Hldgs</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares closed down 16.94% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/KAYS">Kaya Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KAYS#OTC">KAYS</a>) shares closed down 14.91% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/RMHB">Rocky Mountain High</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMHB#OTC">RMHB</a>) shares closed down 11.76% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CURR">Currenc Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURR#NASDAQ">CURR</a>) shares closed down 11.12% at $0.36</li>
<li><a href="https://www.benzinga.com/quote/SOLCF">SOL Global Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SOLCF#OTC">SOLCF</a>) shares closed down 9.94% at $0.05</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed down 8.85% at $0.38</li>
<li><a href="https://www.benzinga.com/quote/CGC">Canopy Growth</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) shares closed down 6.94% at $1.32</li>
<li><a href="https://www.benzinga.com/quote/FUAPF">Global Compliance</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FUAPF#OTC">FUAPF</a>) shares closed down 6.25% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CBWTF">Auxly Cannabis Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBWTF#OTC">CBWTF</a>) shares closed down 6.13% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/LBUY">Leafbuyer Techs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LBUY#OTC">LBUY</a>) shares closed down 4.98% at $0.02</li>
<li><a href="https://www.benzinga.com/quote/CXXIF">C21 Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CXXIF#OTC">CXXIF</a>) shares closed down 4.53% at $0.15</li>
<li><a href="https://www.benzinga.com/quote/SNDL">SNDL</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDL#NASDAQ">SNDL</a>) shares closed down 4.51% at $1.28</li>
<li><a href="https://www.benzinga.com/quote/CRLBF">Cresco Labs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>) shares closed down 4.34% at $0.47</li>
<li><a href="https://www.benzinga.com/quote/YCBD">cbdMD</a> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/YCBD#AMEX">YCBD</a>) shares closed down 4.17% at $0.82</li>
<li><a href="https://www.benzinga.com/quote/ACB">Aurora Cannabis</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>) shares closed down 4.07% at $5.88</li>
<li><a href="https://www.benzinga.com/quote/MRMD">MariMed</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MRMD#OTC">MRMD</a>) shares closed down 3.55% at $0.07</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CBDY

CRBP

CVSI

CXXIF

FUAPF

LEAFBUYER TECHNOLOGIES by Leafbuyer Technologies, Inc.

LBUY

MGWFF

MRMD

SNDL

SOLCF

YCBD

ZDPY

Marijuana Stock Movers For June 17, 2025

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/LMLLF">Pharmadrug</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LMLLF#OTC">LMLLF</a>) shares closed up 91.89% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/MGWFF">Maple Leaf Green World</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MGWFF#OTC">MGWFF</a>) shares closed up 60.58% at $0.02</li>
<li><a href="https://www.benzinga.com/quote/BLGVF">Belgravia Hartford Cap</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BLGVF#OTC">BLGVF</a>) shares closed up 47.10% at $0.08</li>
<li><a href="https://www.benzinga.com/quote/BBRRF">Blueberries Medical</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BBRRF#OTC">BBRRF</a>) shares closed up 25.00% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/GNLN">Greenlane Hldgs</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares closed up 20.79% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/ITHUF">iAnthus Capital Hldgs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITHUF#OTC">ITHUF</a>) shares closed up 20.00% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/FFNTF">4Front Ventures</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FFNTF#OTC">FFNTF</a>) shares closed up 12.50% at $0.00045</li>
<li><a href="https://www.benzinga.com/quote/KAYS">Kaya Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KAYS#OTC">KAYS</a>) shares closed up 6.58% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed up 4.98% at $0.42</li>
<li><a href="https://www.benzinga.com/quote/ACB">Aurora Cannabis</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>) shares closed up 4.27% at $6.15</li>
<li><a href="https://www.benzinga.com/quote/UGRO">Urban-gro</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UGRO#NASDAQ">UGRO</a>) shares closed up 3.47% at $0.32</li>
<li><a href="https://www.benzinga.com/quote/CPHRF">Cipher Pharmaceuticals</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CPHRF#OTC">CPHRF</a>) shares closed up 3.45% at $9.90</li>
<li><a href="https://www.benzinga.com/quote/SNDL">SNDL</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDL#NASDAQ">SNDL</a>) shares closed up 3.10% at $1.33</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/LVRLF">CordovaCann</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LVRLF#OTC">LVRLF</a>) shares closed down 23.32% at $0.05</li>
<li><a href="https://www.benzinga.com/quote/RSSFF">Affinor Growers</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RSSFF#OTC">RSSFF</a>) shares closed down 21.01% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/CBDY">Target Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBDY#OTC">CBDY</a>) shares closed down 15.00% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/BGRDF">Tony G Co-Investment</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BGRDF#OTC">BGRDF</a>) shares closed down 9.97% at $2.80</li>
<li><a href="https://www.benzinga.com/quote/CLSH">CLS Holdings USA</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CLSH#OTC">CLSH</a>) shares closed down 9.09% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/CVSI">CV Sciences</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CVSI#OTC">CVSI</a>) shares closed down 8.47% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/MXC">Mexco Energy</a> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MXC#AMEX">MXC</a>) shares closed down 8.31% at $10.92</li>
<li><a href="https://www.benzinga.com/quote/ZDPY">Zoned Properties</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ZDPY#OTC">ZDPY</a>) shares closed down 7.65% at $0.51</li>
<li><a href="https://www.benzinga.com/quote/TGIFF">1933 Industries</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGIFF#OTC">TGIFF</a>) shares closed down 6.82% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CURR">Currenc Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURR#NASDAQ">CURR</a>) shares closed down 6.76% at $0.41</li>
<li><a href="https://www.benzinga.com/quote/CNTMF">FLUENT</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CNTMF#OTC">CNTMF</a>) shares closed down 3.33% at $0.04</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CLSH

CNTMF

CPHRF

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RSSFF

Cannabis Stock Movers For June 16, 2025

<a href="https://www.bloomberg.com/news/articles/2025-06-11/cannabis-rescheduling-to-ease-rules-faces-opposition-from-experts?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-06-11/cannabis-rescheduling-to-ease-rules-faces-opposition-from-experts?embedded-checkout=true</a>

News

General

AKAN

CRON

GRWG

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'Effort to Ease Cannabis Rules Faces New Opposition From Experts'- Bloomberg

If implemented, the Reverse Stock Split is expected to achieve several objectives, including:
<ul>
<li>Ensuring compliance with the Nasdaq Global Select Market's continued listing requirements</li>
<li>Aligning the Company's number of shares outstanding with companies of its size and scope</li>
<li>Making Tilray more attractive to institutional shareholders
<ul>
<li>Reducing expenditures associated with Tilray's Annual Meeting of Stockholders resulting in up to $1 million in cost savings on an annual run rate basis</li>
</ul>
</li>
</ul>

Stock Split

Tilray Brands' Stockholders Approve Reverse Stock Split At Ratio Ranging From 1-To-10 To 1-To-20; Pauses Implementation While Exploring All Options Related To Timing And Stock Price

<a href="https://www.marijuanamoment.net/gop-led-congressional-panel-demands-investigation-on-bidens-marijuana-rescheduling-process-citing-deviations-and-mental-health-hazards/" title="https://www.marijuanamoment.net/gop-led-congressional-panel-demands-investigation-on-bidens-marijuana-rescheduling-process-citing-deviations-and-mental-health-hazards/">https://www.marijuanamoment.net/gop-led-congressional-panel-demands-investigation-on-bidens-marijuana-rescheduling-process-citing-deviations-and-mental-health-hazards/</a>

AAWH

ALEAFIA HEALTH INC ORD by Aleafia Health Inc.

ALEAF

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CNBS

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CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

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CVHIF

CANNIBIS GROWTH OPTY CORP by Cannabis Growth Opportunity Corp.

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EMOR

ETST

EVIO

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FUTURE FARM TECHNOLOGIES by Future Farm Technologies Inc.

FFRMF

FLGC

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FINCANNA CAPITAL CORP by Fincanna Capital Corp.

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GABRIELLAS KITCHEN INC by Gabriella's Kitchen Inc.

GABLF

GBHPF

GENE

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GLDFF

GRAMF

GRNH

GREEN SPIRIT INDUSTRIES by Green Spirit Industries Inc.

GSRX

GTBIF

HBOSF

HEMP

HERTF

HHPHF

HMLSF

IIPR

INCR

INLB

ISODIOL INTERNATIONAL ORD by Isodiol International Inc.

ISOLF

IVITF

JWCAF

KALY

KHIRON LIFE SCIENCES CORP by Khiron Life Sciences Corp.

KHRNF

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MAPS

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'GOP-Led Congressional Panel Demands Investigation On Biden's Marijuana Rescheduling Process, Citing 'Deviations' And 'Mental Health Hazards'' -Marijuana Moment Report

Tilray Brands' Unit Manitoba Harvest Has Expanded Its Protein-packed, Hemp+ Portfolio, Products Available At Select Whole Foods Market Stores Nationwide

<a href="https://themarijuanaherald.com/2025/06/u-s-congress-house-gop-bill-would-ban-most-hemp-derived-thc-products-nationwide/" title="https://themarijuanaherald.com/2025/06/u-s-congress-house-gop-bill-would-ban-most-hemp-derived-thc-products-nationwide/">https://themarijuanaherald.com/2025/06/u-s-congress-house-gop-bill-would-ban-most-hemp-derived-thc-products-nationwide/</a>

Biotech

'U.S. Congress: House GOP Bill Would Ban Most Hemp-Derived THC Products Nationwide' - Marijuana Herald

As beer consumption dips and consumers search for lighter ways to unwind, hemp-derived THC beverages are carving out a serious niche in the U.S. market. For Tilray Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>), one of the world's largest cannabis companies and a top craft beer player in the U.S., the rise of weed drinks isn't just a trend; it's a business strategy.
"We believe hemp beverages are just one more choice for adults looking to relax and unwind," Sam Garfinkel, senior vice president of commercial operations and strategy for Tilray Wellness, told Benzinga. "That concept shapes everything from formula development to our retailer strategy."
<h2 class="wp-block-heading">Tilray's Craft Beer Advantage</h2>
Tilray's deep bench in the alcohol world, including ownership of brands like SweetWater, Shock Top and Blue Point, is more than a diversification play. It gives the company a distribution and R&amp;D infrastructure few cannabis brands can match.
"We're fortunate to have a vast network of distributors, wholesalers, legal/regulatory experts, and food scientists," said Garfinkel. "That helps us get to market with breakthrough brands like Happy Flower and Fizzy Jane."
<h2 class="wp-block-heading">Formulation Challenges And Flavor Opportunities</h2>
Unlike alcohol, low-dose THC doesn't bring much flavor of its own, but Tilray sees that as a creative opportunity.
"Herbal ingredients actually complement the subtle hemp flavor nicely," Garfinkel noted. "We've just begun playing with that idea, and are excited for consumers to try our new Happy Flower Mojito this summer."
<h2 class="wp-block-heading">Scaling Consistency And Safety</h2>
Cannabis beverage brands often struggle with consistency and flavor stability, especially at a national scale. Tilray believes its infrastructure gives it an edge.
"One of our greatest capabilities is our extensive quality, testing and regulatory infrastructure," Garfinkel said. "While we're nimble enough to innovate quickly, we still have all the protocols and standards of a much larger organization."
<h2 class="wp-block-heading">Segmenting Like The Alcohol World</h2>
Rather than treat all THC drinkers the same, Tilray's beverage pipeline mirrors the segmentation strategies long used in the beer and wine markets.
"Some consumers are looking for a full-flavor cocktail-style beverage, which we address through our Happy Flower brand, while others are more focused on calories, which we deliver on with Fizzy Jane," said Garfinkel. "We're really just scratching the surface, but our focus will be on driving category incrementality as we address different segments of the market."
<h2 class="wp-block-heading">THC Drinks As The Fourth Pillar</h2>
Instead of replacing alcohol, Tilray sees hemp-derived THC drinks as something new entirely.
"Our research indicates that THC Beverage is highly incremental to beer, wine and spirits consumption," Garfinkel explained. "It presents an exciting opportunity for Tilray to develop an emerging category while still innovating for our craft beer and spirits consumers. We believe that THC Beverage will be a new pillar of adult beverage consumption over time."
<h2 class="wp-block-heading">The Competition: Big Tobacco Enters The Chat</h2>
While Tilray leans on alcohol expertise, companies like Organigram Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OGI#NASDAQ">OGI</a>), backed by British American Tobacco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTI#NYSE">BTI</a>), are also entering the U.S. THC beverage market. Organigram has done so via its Collective Project brand, now sold in 10 states.
Asked about the competitive landscape, Garfinkel highlighted Tilray's ability to bridge all sides of the industry.
"With expertise in cannabis, BevAlc and hemp-based food and beverages, Tilray has a right to win in the hemp-derived Delta-9 THC beverage category," he said. "It is a competitive landscape, but Tilray's unique infrastructure and portfolio was crafted to take advantage of this very moment."
He added that Tilray is working with organizations like the Coalition for Adult Beverage Alternatives (CABA) to help create safety and quality standards for the entire category.
<h2 class="wp-block-heading">Looking Ahead</h2>
With recent data showing alcohol sales declining in regions that legalized cannabis and 60% of consumers now reporting they use cannabis to reduce alcohol intake, Tilray's push into hemp-derived THC drinks could be arriving at just the right time. Whether cannabis beverages become a new mainstream pillar or a profitable niche, one thing is certain: this isn't just a side hustle for the cannabis industry anymore. It's a serious bet on how the next generation chooses to relax.
Photo: Shutterstock

Exclusives

THC Drinks Aren't The New Beer, They're Something Else, Says Tilray

<a href="https://www.marijuanamoment.net/california-assembly-unanimously-passes-bill-to-delay-marijuana-tax-hike-for-five-years/" title="https://www.marijuanamoment.net/california-assembly-unanimously-passes-bill-to-delay-marijuana-tax-hike-for-five-years/">https://www.marijuanamoment.net/california-assembly-unanimously-passes-bill-to-delay-marijuana-tax-hike-for-five-years/</a>

'PoliticsCalifornia Assembly Unanimously Passes Bill To Delay Marijuana Tax Hike For Five Years' - Marijuana Moment

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/AUSAF">Australis Capital</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AUSAF#OTC">AUSAF</a>) shares closed up 29900.00% at $0.0003</li>
<li><a href="https://www.benzinga.com/quote/CNGGF">Cann Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CNGGF#OTC">CNGGF</a>) shares closed up 5400.00% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/BMMJ">Body and Mind</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BMMJ#OTC">BMMJ</a>) shares closed up 316.67% at $0.0005</li>
<li><a href="https://www.benzinga.com/quote/ELLXF">Elixinol Wellness</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ELLXF#OTC">ELLXF</a>) shares closed up 56.36% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/TGIFF">1933 Industries</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGIFF#OTC">TGIFF</a>) shares closed up 13.89% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/LVRLF">CordovaCann</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LVRLF#OTC">LVRLF</a>) shares closed up 8.97% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/CBDY">Target Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBDY#OTC">CBDY</a>) shares closed up 8.11% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CNTMF">FLUENT</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CNTMF#OTC">CNTMF</a>) shares closed up 4.52% at $0.05</li>
<li><a href="https://www.benzinga.com/quote/SOLCF">SOL Global Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SOLCF#OTC">SOLCF</a>) shares closed up 3.99% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/CWBHF">Charlottes Web Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CWBHF#OTC">CWBHF</a>) shares closed up 3.58% at $0.10</li>
<li><a href="https://www.benzinga.com/quote/VFF">Village Farms Intl</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFF#NASDAQ">VFF</a>) shares closed up 3.36% at $1.21</li>
<li><a href="https://www.benzinga.com/quote/GTBIF">Green Thumb Indus</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTBIF#OTC">GTBIF</a>) shares closed up 3.05% at $5.40</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/FUAPF">Global Compliance</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FUAPF#OTC">FUAPF</a>) shares closed down 52.94% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/FFNTF">4Front Ventures</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FFNTF#OTC">FFNTF</a>) shares closed down 50.00% at $0.0001</li>
<li><a href="https://www.benzinga.com/quote/YCBD">cbdMD</a> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/YCBD#AMEX">YCBD</a>) shares closed down 10.10% at $0.89</li>
<li><a href="https://www.benzinga.com/quote/MRMD">MariMed</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MRMD#OTC">MRMD</a>) shares closed down 9.76% at $0.08</li>
<li><a href="https://www.benzinga.com/quote/OILFF">Nextleaf Solutions</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OILFF#OTC">OILFF</a>) shares closed down 9.48% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/LBUY">Leafbuyer Techs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LBUY#OTC">LBUY</a>) shares closed down 8.00% at $0.02</li>
<li><a href="https://www.benzinga.com/quote/CXXIF">C21 Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CXXIF#OTC">CXXIF</a>) shares closed down 7.66% at $0.17</li>
<li><a href="https://www.benzinga.com/quote/CGC">Canopy Gwth</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) shares closed down 7.58% at $1.21</li>
<li><a href="https://www.benzinga.com/quote/SOL">Emeren Group</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) shares closed down 7.26% at $1.66</li>
<li><a href="https://www.benzinga.com/quote/RMHB">Rocky Mountain High</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMHB#OTC">RMHB</a>) shares closed down 6.25% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CVSI">CV Sciences</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CVSI#OTC">CVSI</a>) shares closed down 5.38% at $0.02</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed down 4.02% at $0.41</li>
<li><a href="https://www.benzinga.com/quote/SMG">Scotts Miracle Gro</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMG#NYSE">SMG</a>) shares closed down 3.78% at $57.31</li>
<li><a href="https://www.benzinga.com/quote/RSSFF">Affinor Growers</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RSSFF#OTC">RSSFF</a>) shares closed down 3.72% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/GNLN">Greenlane Hldgs</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares closed down 3.23% at $0.01</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cannabis Stock Gainers And Losers From June 2, 2025

<a href="https://www.marijuanamoment.net/trump-wants-to-delete-state-medical-marijuana-protections-from-budget-while-continuing-to-block-cannabis-sales-legalization-in-d-c/" title="https://www.marijuanamoment.net/trump-wants-to-delete-state-medical-marijuana-protections-from-budget-while-continuing-to-block-cannabis-sales-legalization-in-d-c/">https://www.marijuanamoment.net/trump-wants-to-delete-state-medical-marijuana-protections-from-budget-while-continuing-to-block-cannabis-sales-legalization-in-d-c/</a>

Legal

'Trump Wants To Delete State Medical Marijuana Protections From Budget While Continuing To Block Cannabis Sales Legalization In D.C.' - Marijuana Moment

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/LVRLF">CordovaCann</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LVRLF#OTC">LVRLF</a>) shares closed up 22.08% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/OILFF">Nextleaf Solutions</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OILFF#OTC">OILFF</a>) shares closed up 19.73% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/LBUY">Leafbuyer Techs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LBUY#OTC">LBUY</a>) shares closed up 13.64% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/ZDPY">Zoned Properties</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ZDPY#OTC">ZDPY</a>) shares closed up 9.67% at $0.48</li>
<li><a href="https://www.benzinga.com/quote/CLSH">CLS Holdings USA</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CLSH#OTC">CLSH</a>) shares closed up 6.06% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/ITHUF">iAnthus Capital Hldgs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITHUF#OTC">ITHUF</a>) shares closed up 5.77% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/SOL">Emeren Group</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) shares closed up 4.14% at $1.79</li>
<li><a href="https://www.benzinga.com/quote/CRBP">Corbus Pharmaceuticals</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRBP#NASDAQ">CRBP</a>) shares closed up 3.54% at $7.42</li>
<li><a href="https://www.benzinga.com/quote/NWVCF">EnWave</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NWVCF#OTC">NWVCF</a>) shares closed up 3.25% at $0.28</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/FFNTF">4Front Ventures</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FFNTF#OTC">FFNTF</a>) shares closed down 50.00% at $0.0002</li>
<li><a href="https://www.benzinga.com/quote/CGC">Canopy Gwth</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) shares closed down 22.81% at $1.32</li>
<li><a href="https://www.benzinga.com/quote/TGIFF">1933 Industries</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGIFF#OTC">TGIFF</a>) shares closed down 20.00% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CRLBF">Cresco Labs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>) shares closed down 11.29% at $0.60</li>
<li><a href="https://www.benzinga.com/quote/SOLCF">SOL Global Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SOLCF#OTC">SOLCF</a>) shares closed down 8.49% at $0.06</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed down 7.15% at $0.43</li>
<li><a href="https://www.benzinga.com/quote/RMHB">Rocky Mountain High</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMHB#OTC">RMHB</a>) shares closed down 5.88% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CURLF">Curaleaf Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>) shares closed down 5.36% at $0.83</li>
<li><a href="https://www.benzinga.com/quote/CVSI">CV Sciences</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CVSI#OTC">CVSI</a>) shares closed down 3.27% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/SNDL">SNDL</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDL#NASDAQ">SNDL</a>) shares closed down 3.08% at $1.27</li>
<li><a href="https://www.benzinga.com/quote/TCNNF">Trulieve Cannabis</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCNNF#OTC">TCNNF</a>) shares closed down 3.07% at $4.00</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Marijuana Stock Movers For May 30, 2025

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/RMHB">Rocky Mountain High</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMHB#OTC">RMHB</a>) shares closed up 36.00% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CVSI">CV Sciences</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CVSI#OTC">CVSI</a>) shares closed up 16.87% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/MRMD">MariMed</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MRMD#OTC">MRMD</a>) shares closed up 13.70% at $0.09</li>
<li><a href="https://www.benzinga.com/quote/CURR">Currenc Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURR#NASDAQ">CURR</a>) shares closed up 10.56% at $0.57</li>
<li><a href="https://www.benzinga.com/quote/GNLN">Greenlane Hldgs</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares closed up 7.02% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/LBUY">Leafbuyer Techs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LBUY#OTC">LBUY</a>) shares closed up 4.76% at $0.02</li>
<li><a href="https://www.benzinga.com/quote/BLOZF">Cannabix Technologies</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BLOZF#OTC">BLOZF</a>) shares closed up 3.26% at $0.43</li>
<li><a href="https://www.benzinga.com/quote/XXII">22nd Century Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares closed up 3.20% at $0.77</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed up 3.09% at $0.46</li>
<li><a href="https://www.benzinga.com/quote/CNBX">CNBX Pharmaceuticals</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CNBX#OTC">CNBX</a>) shares closed up 3.08% at $0.00</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/MGWFF">Maple Leaf Green World</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MGWFF#OTC">MGWFF</a>) shares closed down 45.76% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/FFNTF">4Front Ventures</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FFNTF#OTC">FFNTF</a>) shares closed down 20.00% at $0.0004</li>
<li><a href="https://www.benzinga.com/quote/SOL">Emeren Group</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) shares closed down 8.65% at $1.69</li>
<li><a href="https://www.benzinga.com/quote/CLSH">CLS Holdings USA</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CLSH#OTC">CLSH</a>) shares closed down 4.35% at $0.03</li>
<li><a href="https://www.benzinga.com/quote/ZDPY">Zoned Properties</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ZDPY#OTC">ZDPY</a>) shares closed down 4.35% at $0.44</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cannabis Stock Gainers And Losers From May 29, 2025

Germany imported a record 37.2 tons of medical cannabis in the first quarter of 2025, marking a 4.6x increase compared to the same period last year, <a href="https://www.bfarm.de/DE/Bundesopiumstelle/_FAQ/Medizinisches-Cannabis/MedCan-Einfuhr-Ausfuhr/faq-liste.html">according</a> to the Federal Institute for Drugs and Medical Devices (BfArM). Per publicly available data, the country is now the largest importer of legal medical cannabis in the world, yet looming regulatory headwinds are already taking shape.
<h2 class="wp-block-heading">German Market Sets A New Benchmark</h2>
The Q1 2025 import surge, which includes dried flower and extracts (converted to flower equivalents), builds on momentum following Germany's April 2024 medical cannabis reform under the Cannabis Act (MedCanG). The previous quarterly record was 32.1 tons in Q4 2024.
"The latest quarterly figures for cannabis imports send a clear message: we are on track for 150 tons of cannabis to be imported into Germany for medical and scientific purposes by 2025. As of today, Germany is likely already the largest medical cannabis market in the world," said Niklas Kouparanis, CEO and co-founder of Bloomwell Group, one of Germany's leading cannabis platforms.
"The main reason for this remarkable progress is low-threshold digital access. This has enabled several hundred thousand patients, who previously obtained medical cannabis illegally (which involved considerable risks), to access legal medical cannabis prescribed by physicians and dispensed in licensed pharmacies," he continued.
Also read: <a href="https://www.benzinga.com/markets/cannabis/25/05/45297889/germanys-cannabis-industry-hits-e500m-2500-pharmacies-now-dispense-211-grow-clubs-approved">Germany&#8217;s Cannabis Industry Hits 500 Million Euros: 2,500 Pharmacies Now Dispense, 211 Grow Clubs Approved</a>
Based on the latest research from Zuanic &amp; Associates, Germany's actual pharmacy purchases in Q1 2025 are estimated at 22.3 tons. If fewer imports were rejected or re-exported than in previous years, real domestic consumption could be as high as 28 tons.
At an estimated retail price of €8 per gram, this puts Germany's medical cannabis market at an annual run-rate of €714 to €900 million, or roughly $770 million to $970 million.
<h2 class="wp-block-heading">Who&#8217;s Supplying The Boom?</h2>
Canada continues to be the top source, responsible for 43% of all German imports in Q1 2025, followed by Portugal (32%) and Denmark (7%). However, analysts point out that much of Portugal's share consists of Canadian cannabis processed under EU-GMP guidelines before re-export to Germany.
This benefits several Canadian licensed producers, including:
<ul class="wp-block-list">
<li>Tilray Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>), which reported $13.9 million in international medical cannabis sales in its latest quarter</li>
<li>Aurora Cannabis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>), which shipped C$26.3 million worth of cannabis to Europe in the December quarter, according to estimates from Zuanic &amp; Associates.</li>
<li>Village Farms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFF#NASDAQ">VFF</a>), which reported a 3.8x year-over-year increase in medical cannabis exports, per Zuanic &amp; Associates.</li>
<li>Organigram Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OGI#NASDAQ">OGI</a>), with approximately 80% growth year-over-year in medical cannabis exports, according to Zuanic &amp; Associates.</li>
<li>Avant Brands (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AVTBF#OTC">AVTBF</a>), which reported C$4.7 million in medical cannabis exports in Q1, per Zuanic &amp; Associates.</li>
</ul>
Curaleaf Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>) also plays a major role through its stake in Four20 Pharma, one of Germany's top importers. It has built a global supply chain that includes facilities in Canada, Portugal, the UK, and Poland.
<h2 class="wp-block-heading">Political Risks On The Horizon</h2>
Despite strong fundamentals, the market's long-term stability may be challenged by Germany's new CDU-led coalition. Federal Health Minister Nina Warken has called the growth in medical cannabis use "disturbing" and raised concerns about what she describes as "too easy access."
"With the new government set to review the Cannabis Act rules by the fall, the industry has time to lobby," wrote Pablo Zuanic of Zuanic &amp; Associates, "but restrictions on telehealth are likely, in our view."
Germany's low-barrier digital access is widely credited with accelerating patient uptake, particularly among individuals previously relying on the illicit market. Any changes to telemedicine regulations could have broad implications.
<h2 class="wp-block-heading">There&#8217;s Still Room To Grow</h2>
Even with 37.2 tons of cannabis imported in Q1, Zuanic notes that population penetration remains low—only 0.4% to 0.5% of Germans currently access medical cannabis, compared to 3% to 4% in many U.S. states with mature MMJ programs.
"The German model serves as a model for the entire EU in how to ensure safe, reliable, and digitally-powered access to medical cannabis," Kouparanis said. "There is no turning back."
<h2 class="wp-block-heading">Learn More At Benzinga&#8217;s Cannabis Capital Conference In Chicago</h2>
As Germany&#8217;s market evolves, the implications for global operators and investors will be explored in detail at the <a href="https://www.benzinga.com/cannabis-conference">Benzinga Cannabis Capital Conference</a>, which will take place June 9–10 in Chicago.
Panel: Cracking the German Market: Navigating Cannabis Opportunities Amid Political Change
Speakers:
<ul class="wp-block-list">
<li>Michael Sassano, CEO, Somai Pharmaceuticals</li>
<li>Albert Schwarzmeier, CEO, enua</li>
<li>Chanda Macias, CEO, Women Grow / National Holistic</li>
<li>Constantin von der Groeben, Managing Director, Demecan</li>
<li>Moderator: Jamie Pearson, CEO, New Holland Group</li>
</ul>
Tickets available <a href="https://www.benzinga.com/cannabis-conference">here</a>.
Photo: Shutterstock

Eurozone

AVNT

Germany Has Become The World's Largest Cannabis Importer: Here Are The Stocks Benefiting

From Texas&#8217; escalating war on hemp to EU-certified inhalers and Argentina&#8217;s full-scale overhaul of its medical cannabis program, this week offered no shortage of headlines that could shape the future of the cannabis industry across borders and sectors.
Let&#8217;s dig in. 
<h3 class="wp-block-heading">Policy &amp; Legal</h3>
Texas House Passes Hemp Ban, Threatens 50,000 Jobs
In a late-night vote Wednesday, the Texas House passed SB 3, banning hemp-derived THC products across the state. Championed by Lt. Gov. Dan Patrick, the measure criminalizes products containing any THC or THCA, despite opposition from 50% of voters, per a Texas Politics Project poll. The state's hemp industry, supporting 53,000 jobs and $268 million in tax revenue, now braces for litigation. Advocates are urging a veto.
Meanwhile, HB 46, aimed at expanding Texas' Compassionate Use Program, remains pending in the Senate. It proposes adding qualifying conditions like chronic pain, expanding licensing, and permitting more administration methods—but retains the 1% THC cap and bans flower.
DEA Report Criticizes Legal States, Admits Prohibition Fuels Illicit Trade
In its 2025 National Drug Threat Assessment, the DEA accused cartels of exploiting state-legal cannabis programs. However, the report also acknowledged that demand for illicit cannabis is driven largely by prohibition states—ironically making the case for federal reform.
DEA nominee Terrance Cole, in confirmation hearings, refused to take a position on rescheduling cannabis but called review of the issue a "first priority."
Read more on <a href="https://www.marijuanamoment.net/dea-blames-legal-marijuana-states-for-inadvertently-aiding-cartels-while-also-admitting-that-prohibition-states-create-illegal-market-opportunities">Marijuana Moment</a>
Argentina Overhauls REPROCANN Framework
The Ministry of Health issued Resolution 1780/2025, revamping Argentina's cannabis cultivation registry. Key changes include new rules for nonprofit growers, research institutions, and third-party cultivators, plus mandatory training and digital registration for prescribing doctors. While patients can retain current registrations for up to 3 years, others face stricter 1-year renewals and enhanced oversight.
Full breakdown via <a href="https://elplanteo.com/reprocann-cambios-2025">El Planteo</a>
<h3 class="wp-block-heading">Corporate &amp; M&amp;A</h3>
Blüm Holdings to Deepen Stake in Cookies
Blüm Holdings, Inc. (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/BLMH#OTCQB">BLMH</a>) signed a binding term sheet to acquire 100% of a holding company with an indirect equity stake in Cookies Creative Consulting &amp; Promotions, Inc. The transaction—worth roughly $562,500—could amplify Blüm's presence alongside one of cannabis's most recognized brands.
Village Farms Spins Off Fresh Produce Arm to Focus on Cannabis
Village Farms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFF#NASDAQ">VFF</a>) will transfer key greenhouse and distribution assets to a new private joint venture with Sweat Equities, dubbed Vanguard Food LP. The move unlocks $40 million in cash and refocuses the company's strategy on international cannabis.
<h3 class="wp-block-heading">Global Markets</h3>
Canada: Industry Pushes for Excise Tax Reform
Deloitte's 2025 report confirmed that Canada's cannabis excise tax model is crushing legal operators. The Cannabis Council of Canada renewed calls to replace the $1/gram floor with a 10% ad valorem tax, noting that current rules are outdated and misaligned with market prices.
GrowerIQ to Represent Canada on Thailand Trade Mission
Toronto-based GrowerIQ was selected by Global Affairs Canada to join a trade mission to Thailand, becoming the only cannabis company in the delegation. Thailand's market, legal since 2022, is expected to grow at a 33% CAGR over five years.
Tilray Launches &#8216;Good Supply&#8217; in Germany
Tilray Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) expanded its European medical cannabis footprint with Good Supply's launch in Germany. Strains include Snow Leopard, Purple Octane and Lemon Haze Gelato. Products will be available via prescription at German pharmacies.
Read more on <a href="https://www.benzinga.com/markets/cannabis/25/05/45573520/after-bankruptcy-and-a-lost-home-this-cannabis-team-rebuilt-from-the-ground-up-the-real-story-of-blimburn-seeds">Benzinga</a>
Curaleaf and TILT Secure EU Certification for Medical Inhaler
Curaleaf International, a subsidiary of Curaleaf (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>) and TILT Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TLLTF#OTC">TLLTF</a>) announced EU Class IIa certification for their new handheld medical cannabis inhaler. The approval unlocks opportunities across the EU, UK, Canada, and Australasia.
<h3 class="wp-block-heading">Financials</h3>
Planet 13 Reports Q1 Revenue of $28M
Planet 13 Holdings (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/PLNH#OTCQX">PLNH</a>) posted $28 million in Q1 2025 revenue—a 22.5% YoY increase. Gross margins shrank to 42.8%, while adjusted EBITDA swung to a $2.5 million loss. The company cited pressure on pricing and consumer demand.
Vext Grows Revenue 38%, Hits $3.1M in Operating Cash Flow
Vext Science (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/VEXTF#OTCQX">VEXTF</a>) reported $11.6 million in Q1 revenue, up 38% YoY. Operating cash flow reached $3.1 million. The company highlighted growth in Ohio and retail resilience in Arizona.
<h3 class="wp-block-heading">Events &amp; Culture</h3>
#InvestInHER Returns to Benzinga Cannabis Capital Conference
Women-led groups like Women Grow, Verdant Strategies and IWC will host mentorship and networking events during the Benzinga Cannabis Capital Conference in Chicago (June 8–10). The #InvestInHER Lounge and scholarship programs aim to boost visibility, funding access, and leadership for women founders.
More info <a href="http://bzcannabis.com">here</a>
<h3 class="wp-block-heading">Recommended Reads Of The Week</h3>
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/events/25/05/45526151/modelo-got-it-right-cannabis-didnt-says-latina-ceo-who-built-a-multi-state-business-with-10k">Modelo Got It Right, Cannabis Didn&#8217;t, Says Latina CEO Who Built A Multi-State Business With $10K</a></li>
<li><a href="https://www.forbes.com/sites/javierhasse/2025/05/19/how-cannabis-drinks-are-reshaping-booze/">Weed In A Can: How Cannabis Drinks Are Changing The Ritual Of Drinking</a></li>
<li><a href="https://www.forbes.com/sites/javierhasse/2025/05/21/is-cannabis-justice-good-business-ben--jerrys-thinks-so/">Is Cannabis Justice Good Business? Ben &amp; Jerry's Thinks So</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/25/05/45573520/after-bankruptcy-and-a-lost-home-this-cannabis-team-rebuilt-from-the-ground-up-the-real-story-of-blimburn-seeds">After Bankruptcy And A Lost Home, This Cannabis Team Rebuilt From The Ground Up</a></li>
<li><a href="https://www.greenstate.com/lifestyle/premium-pot-products-newbie/">I gave a weed newbie some premium pot products—here's what he thought</a></li>
</ul>

Government

Politics

BLMH

PLNH

TLLTF

VEXTF

This Week In Cannabis: DEA Slams Legal Weed, Texas Votes Hemp Ban, Argentina Tightens Medical Rules And More

<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/VFF">Village Farms Intl</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFF#NASDAQ">VFF</a>) shares closed up 17.76% at $1.21</li>
<li><a href="https://www.benzinga.com/quote/FUAPF">Global Compliance</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FUAPF#OTC">FUAPF</a>) shares closed up 13.64% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/NWVCF">EnWave</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NWVCF#OTC">NWVCF</a>) shares closed up 11.00% at $0.24</li>
<li><a href="https://www.benzinga.com/quote/CBDY">Target Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBDY#OTC">CBDY</a>) shares closed up 8.52% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/UGRO">Urban-gro</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UGRO#NASDAQ">UGRO</a>) shares closed up 7.61% at $0.39</li>
<li><a href="https://www.benzinga.com/quote/SOLCF">SOL Global Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SOLCF#OTC">SOLCF</a>) shares closed up 7.43% at $0.07</li>
<li><a href="https://www.benzinga.com/quote/CGC">Canopy Gwth</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) shares closed up 6.67% at $1.93</li>
<li><a href="https://www.benzinga.com/quote/GBHPF">Global Hemp Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GBHPF#OTC">GBHPF</a>) shares closed up 6.09% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/ACB">Aurora Cannabis</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>) shares closed up 5.17% at $5.49</li>
<li><a href="https://www.benzinga.com/quote/GRWG">GrowGeneration</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRWG#NASDAQ">GRWG</a>) shares closed up 3.57% at $1.10</li>
<li><a href="https://www.benzinga.com/quote/TLRY">Tilray Brands</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares closed up 3.23% at $0.45</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/MPXOF">MPX International</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MPXOF#OTC">MPXOF</a>) shares closed down 99.00% at $1e-06</li>
<li><a href="https://www.benzinga.com/quote/BMMJ">Body and Mind</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BMMJ#OTC">BMMJ</a>) shares closed down 98.29% at $0.00012</li>
<li><a href="https://www.benzinga.com/quote/LBUY">Leafbuyer Techs</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LBUY#OTC">LBUY</a>) shares closed down 20.71% at $0.02</li>
<li><a href="https://www.benzinga.com/quote/GNLN">Greenlane Hldgs</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares closed down 16.67% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/TGIFF">1933 Industries</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGIFF#OTC">TGIFF</a>) shares closed down 9.37% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CNBX">CNBX Pharmaceuticals</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CNBX#OTC">CNBX</a>) shares closed down 6.25% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/RMHB">Rocky Mountain High</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMHB#OTC">RMHB</a>) shares closed down 5.71% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/OILFF">Nextleaf Solutions</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OILFF#OTC">OILFF</a>) shares closed down 4.70% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/CXXIF">C21 Investments</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CXXIF#OTC">CXXIF</a>) shares closed down 3.81% at $0.14</li>
<li><a href="https://www.benzinga.com/quote/SOL">Emeren Group</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) shares closed down 3.11% at $1.56</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Marijuana Stock Movers For May 22, 2025

Tilray Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares are trading higher on Thursday as the company unveiled a significant expansion of its medical cannabis footprint in Europe <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45561045/tilray-medical-brings-canadas-iconic-cannabis-brand-good-supply-to-germany" rel="noreferrer noopener">through its latest launch in Germany.</a>
Tilray Medical, the health-focused arm of the Canadian cannabis giant, announced it is bringing Good Supply, a brand known for affordable, high-quality cannabis flower, to the German market.
The move comes as the country&#8217;s medical cannabis sector evolves, with patients and providers seeking trusted therapeutic alternatives.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/cannabis/25/05/45450937/the-30-billion-question-can-cannabis-pouches-do-what-zyn-did-for-nicotine" rel="noreferrer noopener">The $30 Billion Question: Can Cannabis Pouches Do What Zyn Did For Nicotine?</a>
Denise Faltischek, chief strategy officer and head of International at Tilray, stated, &#8220;With recent advancements in the medical cannabis industry, including enhanced formulations and broader availability, our goal remains steadfast—to provide patients in Germany with accessible, high-quality, and affordable medical cannabis solutions.&#8221;
Good Supply will offer multiple cultivars across Germany in both 15g and 500g formats, all available through prescription at pharmacies.
The Good Supply strains available in Germany include Snow Leopard (22% THC), Meringue 64 (25%), Purple Octane (22%), Ghost Gelato (25%), Lemon Haze Gelato (22%), Amnesia OG (22%), Space Age Cake (28%), and Skywalker Kush (18%).
With operations in Canada, Portugal, and Germany, Tilray Medical is reinforcing its leadership position in international medicinal cannabis markets.
In a separate <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45561974/introducing-yalls-beer-a-true-taste-of-texas-from-revolver-brewing" rel="noreferrer noopener">release</a>, Revolver Brewing, a North Texas craft beer brand under Tilray Brands, has launched a new lager called &#8216;Y&#8217;all&#8217;s Beer.&#8217;
Designed for everyday moments and shared experiences, it captures the spirit of togetherness and simple pleasures, the company said.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, TLRY stock has lost over 76% in the past year. Investors can gain exposure to the stock via AdvisorShares Pure Cannabis ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOLO#NYSE">YOLO</a>).
Price Action: TLRY shares are trading higher by 3.5% to $0.45 at last check Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/events/25/05/45526151/modelo-got-it-right-cannabis-didnt-says-latina-ceo-who-built-a-multi-state-business-with-10k" target="_blank" rel="noreferrer noopener">Modelo Got It Right, Cannabis Didn&#8217;t, Says Latina CEO Who Built A Multi-State Business With $10K</a></li>
</ul>
Photo: VladyslaV Travel photo/ Shutterstock

Equities

YOLO

What's Going On With Tilray Brands Stock On Thursday?

<a href="https://www.marijuanamoment.net/senate-committee-approves-trumps-dea-pick-who-has-refused-to-say-if-he-supports-marijuana-rescheduling-proposal-before-agency/" title="https://www.marijuanamoment.net/senate-committee-approves-trumps-dea-pick-who-has-refused-to-say-if-he-supports-marijuana-rescheduling-proposal-before-agency/">https://www.marijuanamoment.net/senate-committee-approves-trumps-dea-pick-who-has-refused-to-say-if-he-supports-marijuana-rescheduling-proposal-before-agency/</a>

'Senate Committee Approves Trump's DEA Pick Who Has Refused To Say If He Supports Marijuana Rescheduling Proposal Before Agency' - Marijuana Moment

Tilray Medical Announce The Launch Of Good Supply In Germany

Press Releases

Shock Top: A Bold Rebrand for a Craft Beer Icon

Tilray Brands Announces the Launch of XMG Atomic Sours: New THC Beverages and Edibles

Small Cap

Opinion

The $600B Beverage Shift: Why Function Is Outpacing Flavor

Tilray Medical Brings Canada's Iconic Cannabis Brand Good Supply to Germany

Restaurants

Introducing Y'all's Beer: A True Taste of Texas from Revolver Brewing

Tilray Brands to Present at TD Cowen's 9th Annual Future of the Consumer Conference

SweetWater Brewing and Zoo Atlanta Celebrate 18 Years of Collaboration with a Special Edition Beer

Attention Craft Beer Fans! Tilray Beverages Highlights Boldest Brews For Summer

Manitoba Harvest and Whole Foods Market Collaborate to Launch New Protein-Packed, Hemp+ Superfood Smoothie Boosters

Tilray Brands' Stockholders Approve Reverse Stock Split; Company Pauses Implementation as It Evaluates Timing and Stock Price

COCO

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BENZINGA NEL MONDO