Tilray's Aphria RX Receives First Cannabis Cultivation License Under Germany's New Cannabis Act

7/22/24 7:07:18 AM ET

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Tilray Brands, Inc. ("Tilray") (NASDAQ:TLRY, TSX:TLRY), a global leader in cannabis research, cultivation, production, and distribution, today announced that its Germany cannabis cultivation facility, Aphria RX GmbH ("Aphria RX"), has received the first new cannabis cultivation license issued under MedCanG, Germany's new Cannabis Act. The new cannabis cultivation license allows Aphria RX to cultivate and manufacture a broad commercial range of medical cannabis, providing patients with better access to high-quality medical cannabis produced in Germany.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
4/5/2024	$2.25 → $2.75	Neutral	Alliance Global Partners
11/2/2022	$3.90	Mkt Perform	Bernstein
7/29/2022	$3.00	Hold → Sell	The Benchmark Company
3/4/2022	$9.00	Hold → Buy	Canaccord Genuity
1/11/2022	$7.40 → $6.90	Neutral	Cantor Fitzgerald
1/7/2022	$11.80 → $7.40	Neutral	Cantor Fitzgerald
11/18/2021	$10.00	Underweight	Barclays
11/1/2021	$18.00 → $11.80	Overweight → Neutral	Cantor Fitzgerald

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Tilray's Aphria RX Receives First Cannabis Cultivation License Under Germany's New Cannabis Act

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Alliance Global Partners reiterated coverage on Tilray with a new price target

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$TLRY Insider Trading

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Chief Financial Officer Merton Carl A bought $35,360 worth of shares (26,000 units at $1.36) (SEC Form 4)

President and CEO Simon Irwin D exercised 706,214 shares at a strike of $2.03 and covered exercise/tax liability with 390,537 shares, increasing direct ownership by 11% to 3,246,484 units (SEC Form 4)

Chief Financial Officer Merton Carl A exercised 93,926 shares at a strike of $2.03 and covered exercise/tax liability with 43,357 shares, increasing direct ownership by 8% to 660,055 units (SEC Form 4)

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SEC Form SC 13G/A filed by Tilray Brands Inc. (Amendment)

SEC Form SC 13G filed by Tilray Brands Inc.

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$TLRY Insider Purchases

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Chief Financial Officer Merton Carl A bought $35,360 worth of shares (26,000 units at $1.36) (SEC Form 4)

Faltischek Denise M bought $20,500 worth of shares (10,000 units at $2.05), increasing direct ownership by 4% to 293,269 units (SEC Form 4)

Gendel Mitchell bought $14,256 worth of shares (7,200 units at $1.98), increasing direct ownership by 4% to 195,796 units (SEC Form 4)

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