Tilray

Canadian pharmaceutical and cannabis company

The logo of Tilray Brands

Tilray, Inc. is a Canadian pharmaceutical and cannabis company, headquartered in Nanaimo, British Columbia. It is one of the largest and most well-known companies in the cannabis industry, involved in the research, cultivation, processing, and distribution of cannabis and cannabis-derived products.

History

Tilray was founded in 2013 and quickly became a prominent player in the cannabis market. The company was one of the first to receive a license from Health Canada to produce medical cannabis. In 2018, Tilray became the first cannabis company to have an initial public offering (IPO) on the NASDAQ stock exchange, marking a significant milestone in the cannabis industry.

Operations

Tilray operates in several countries, including Canada, the United States, Germany, Portugal, and Australia. The company focuses on the production of high-quality medical cannabis products, including dried flower, oils, and capsules. Tilray also engages in extensive research and development to explore the potential therapeutic benefits of cannabis.

Research and Development

Tilray invests heavily in research and development to advance the understanding of cannabis and its potential medical applications. The company collaborates with leading academic institutions and research organizations to conduct clinical trials and studies on the efficacy and safety of cannabis-based treatments.

Global Expansion

Tilray has expanded its operations globally, establishing production facilities and partnerships in various countries. In Portugal, Tilray operates a state-of-the-art cultivation and processing facility, which serves as a hub for its European operations. The company also has strategic partnerships in the United States to enhance its presence in the rapidly growing American cannabis market.

Products

Tilray offers a wide range of cannabis products, catering to both medical and recreational markets. These products include:

• Dried Cannabis: High-quality dried cannabis flower available in various strains.
• Cannabis Oils: Concentrated cannabis oils for oral consumption.
• Capsules: Pre-measured cannabis capsules for precise dosing.
• Edibles and Beverages: A variety of cannabis-infused edibles and beverages.

Corporate Social Responsibility

Tilray is committed to corporate social responsibility and sustainability. The company implements environmentally friendly practices in its cultivation and production processes. Tilray also engages in community outreach and supports initiatives aimed at promoting the responsible use of cannabis.

Related pages

• Cannabis in Canada
• Medical cannabis
• Cannabis industry
• Pharmaceutical industry