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Tilray Medical Forms Strategic Partnership in Italy to Broaden Access to Medical Cannabis Extracts
Globenewswire· 2025-08-13 11:00
Core Insights - Tilray Medical has formed a strategic partnership with Molteni, an Italian pharmaceutical firm, to enhance the availability of medical cannabis extracts for patients in Italy [1][2][3] - The collaboration aims to provide targeted education on medical cannabis therapies through Molteni's extensive network of healthcare professionals [2][3] Company Overview - Tilray Medical is a leader in the European medical cannabis market, with operations in Germany, Italy, Portugal, Poland, and the United Kingdom [3] - The company is dedicated to providing safe and reliable access to a global portfolio of medical cannabis brands, including Tilray, Aphria, Broken Coast, Symbios, and Navcora [4] - Tilray has established itself as one of the largest suppliers of medical cannabis across 20 countries and five continents [4] Partnership Details - The partnership will leverage FL Group's regulatory and distribution capabilities alongside Molteni's scientific expertise to expand access to EU-GMP certified cannabis therapies [3] - The focus will be on empowering healthcare practitioners with knowledge and resources for effective pain management solutions [3] About Molteni - Molteni is a specialty pharmaceutical leader in therapeutic solutions for pain management and substance dependence, with operations in over 40 countries [8] - Founded in 1892 and headquartered in Florence, Italy, Molteni has its own manufacturing, R&D, regulatory, supply chain, and commercial capabilities [8]
Aurora Ignites Global Expansion with Whistler Cannabis Co. Brand Debut in Australia
Prnewswire· 2025-08-12 11:00
Core Insights - Aurora Cannabis Inc. is launching its Whistler Cannabis Co. brand in Australia, expanding its global footprint and offering Australian patients access to premium Canadian cannabis products [1][2][3] - The company emphasizes its commitment to quality and patient care, leveraging its Canadian cultivation expertise to ensure consistent product quality [2][3] Product Launch Details - The first two products from Whistler Cannabis Co. to be introduced in Australia are Ginger Breath and Critical Diesel, both featuring high THC content [7] - Ginger Breath has a THC level of 32% and is an Indica strain, while Critical Diesel has a THC level of 28% and is a Sativa strain [7] Company Background - Aurora Cannabis Inc. is a leading global medical cannabis company headquartered in Edmonton, Alberta, with a diverse portfolio of brands serving both medical and consumer markets across multiple regions [4][5] - The company is recognized for its robust regulatory expertise and commitment to science and innovation, which supports its success in international markets [3][4]
Aurora Cannabis Pre-Q1 Earnings Analysis: Buy, Sell or Hold the Stock?
ZACKS· 2025-08-04 13:31
Core Insights - Aurora Cannabis (ACB) is set to release its first-quarter fiscal 2026 results on August 6, with earnings estimated at 18 cents per share and revenues at $70.88 million, indicating a year-over-year earnings growth of 263.6% and a revenue increase of 5.4% [1][2] Financial Performance - The consensus for fiscal 2026 revenues is $272.1 million, reflecting a 7.6% year-over-year rise, while the EPS estimate is 56 cents, suggesting a 100% improvement year-over-year [2] - ACB has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 50.10% [2] Market Dynamics - ACB's medical cannabis sales are expected to have increased in Germany and Australia, driven by new product launches, although regulatory disruptions in Poland and seasonal fluctuations may have impacted revenue growth [5][8] - The company has expanded its IndiMed portfolio in Australia, launching TEMPO 22 cultivars to meet rising patient demand, which is likely to enhance top-line growth [7] Operational Developments - ACB's recent $3 million upgrade to its Alpine facility in British Columbia has doubled yields and potency, potentially supporting top-line growth [10] - Despite a projected slight decline in first-quarter revenues compared to the previous quarter, margins are expected to remain robust due to a favorable product mix and cost discipline [11] Valuation and Stock Performance - Year-to-date, ACB shares have gained 5.4%, outperforming peers like Tilray Brands and Canopy Growth [12] - ACB trades at a forward 12-month P/S of 0.9, reflecting stronger growth expectations compared to Tilray Brands (0.65) and a lower valuation than Canopy Growth (1.07) [13]
Curaleaf Expands Florida Footprint with New St. Augustine, Florida Dispensary
Prnewswire· 2025-08-01 11:45
Core Insights - Curaleaf Holdings, Inc. has opened a new medical cannabis dispensary in St. Augustine, Florida, increasing its store count to 68 in Florida and 154 nationwide [1][4] Group 1: Store Opening Details - The new dispensary is located at 1280 Ponce De Leon Blvd., St. Augustine, FL 32084, and will start serving medical patients on August 1, 2025 [1] - Curaleaf St. Augustine is strategically positioned near downtown shops, dining, and cultural attractions, enhancing accessibility for patients [2] Group 2: Product Offerings - The dispensary will offer a wide range of medical cannabis products, including the new Grassroots Dark Heart Collection, Select brand vapes and edibles, Florida-exclusive flower brand Reef, and Anthem pre-rolls [2][3] - Curaleaf has introduced a 72-hour Flower Satisfaction Guarantee for premium eighths purchased from Grassroots and Reef brands, allowing patients to return unsatisfactory products for store credit or exchange [3] Group 3: Company Commitment and Expansion - Curaleaf's Chairman and CEO, Boris Jordan, emphasized the company's commitment to enhancing flower quality and patient access to trusted products [3] - The grand opening celebration for Curaleaf St. Augustine is scheduled for August 8, 2025, featuring various activities to engage the community [4]