A cannabis company with global operations has announced that its subsidiary has obtained a cannabis trading license in Germany. The German cannabis market is currently valued at approximately €1.2 billion (C$1.79 billion) and is projected to reach US$4.6 billion (C$6.88 billion) by 2034.
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Additionally, here are some of the top news stories in the cannabis industry for the week:
1. A prominent multi-state cannabis company will acquire ownership interests of three subsidiaries of the Cannabist Co.
2. A well-established cultivator, manufacturer, and retailer of cannabis products in the U.S. is expanding its partnerships with the launch of edibles in New Jersey.
3. A health technology company focused on innovating human wellness has reported its financial results for the second quarter of 2024.
Furthermore, the top cannabis stocks from July 26 to August 1, 2024, based on views, include:
1. T.TLRY – Tilray Brands Inc.
2. T.WEED – Canopy Growth Corp.
3. T.CURA – Curaleaf Holdings Inc.
4. T.DN – Delta 9 Cannabis Inc.
5. T.LABS – Medipharm Labs Corp.
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