Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis research, cultivation, production and distribution, today announced it has entered into an agreement with Cannamedical Pharma GmbH (“Cannamedical”) through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda.
Aurora Cannabis stock got a boost Friday after the marijuana company announced it was one of three firms selected to cultivate and distribute medical cannabis in Germany.
As the marijuana business grows globally, many stock watchers and research analysts are making predictions about where the most significant investment opportunities are.
The demand for medical marijuana in Germany has skyrocketed since it was legalised in March last year, placing a greater burden on the country’s health insurance providers to cover the cost of prescriptions.