Tilray Stock: As Germany Closes in on Legal Cannabis, Rest of Europe Might Follow

Germany is the catalyst that could open up a whole continent of medical and recreational-cannabis revenue for Tilray  (TLRY) – Get Tilray, Inc. Report

The company has been laying the groundwork to leverage changing laws in Europe.

Currently the regulatory approaches to cannabis among European countries vary widely, according to PharmExec.com. But Germany is the key, according to Tilray executives. 

Tilray’s Long Pull: Awaiting Federal OK for THC Beverages

“With the anticipated legalization of recreational cannabis in Germany, we believe other EU countries will follow suit,” Chief Financial Officer Carl Merton said on the company’s fiscal-second-quarter earnings conference call. 

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