Luxembourg buys 30kg of medicinal cannabis
As announced by the Minister of Health Paulette Lenert (LSAP) in the context of a parliamentary question at the end of August, the producer and distributor of medicinal cannabis Tilray confirmed, via a press release, to have been selected. by the Luxembourg government to provide nearly 30kg of medicinal cannabis.
With this new tender won, the company headquartered in Canada will supply twenty countries around the world with medicinal cannabis. Tilray has two cannabis cultivation facilities in Portugal and Germany. “We believe that (our) growth potential in the European Union represents a billion dollar opportunity, and today’s announcement affirms that we are turning potential into performance,” said CEO Irwin Simon, in the press release.
Three million euros for 2021 orders
In his parliamentary response dated August 31, the Minister of Health had specified that it was the German subsidiary of Tilray which was selected, in collaboration with the German subsidiary of the company Canopy, also Canadian. The order of approximately 30 kilograms of medicinal cannabis is divided into two products: 28.5 kilograms of cannabis with 18% THC and less than 1% CBD, and 2.25 kilograms of cannabis with a level of 10% THC. and 10% CBD.
An amount of three million euros is expected for orders for the year 2021. Last June, Paulette Lener announced that the country was facing its fourth out of stock since the legalization of medicinal cannabis in February 2019. D ‘ where the new tender launched and won by Tilray and Canopy.