TLRY - Tilray Breaks Into a New Market in Europe
Marijuana stock Tilray (NASDAQ: TLRY) is now one step closer to its ambition to be a cannabis supplier throughout the globe.
It announced that it has exported medical cannabis extracts to Switzerland, the first time the landlocked European country has received such goods from Tilray. The company did not specify details about either the product or the amount it shipped.
With the shipment, Switzerland becomes the 14th country to obtain medical cannabis from Tilray, the company said. It acted fast to get a toehold in that market, having received both import and export permits for its wares earlier this month. The inaugural shipment of medical extracts landed in Switzerland last Friday (Dec. 13).