As Canadian cannabis companies increasingly look to expand in European markets, the Canadian company, Tilray, held a ribbon-cutting ceremony for the launch of a campus in Portugal.
Located in Cantanhede, Coimbra, the facility just completed a successful indoor harvest that was celebrated with a tour featuring local government officials and Canadian healthcare professionals.
The €18 million campus features research rooms, outdoor and indoor grow space, and cultivation and packaging areas for distributing medical marijuana.
Tilray’s Chief Executive, Brendan Kennedy, commented on the ribbon-cutting ceremony and facility tour:
“We’re thrilled to celebrate another milestone as we expand our global presence and pioneer the future of the cannabis industry. We are grateful for the warm welcome we’ve received from the city of Cantanhede. We’re looking forward to utilizing Tilray’s EU campus to serve medical cannabis markets with high-quality, pharmaceutical-grade products.
“Last month, Tilray announced plans to double the workforce at the Portugal campus by bumping up to 100 employees to staff the 250,000 sq. ft. facility. That milestone has now been hit, with the company reporting triple digits for current hiring numbers.
“In addition to the facility in Cantanhede, Tilray has focused on international expansion by forming an advisory board with political figures from Portugal, America, Germany, and Australia. That board is currently advising the company on expanding into countries where cannabis harvesting was just legalised, such as Germany, and where it is expected to be legalised federally in the coming years, such as the U.S.
Tilray isn’t the only cannabis company to see expansion opportunities in the European Union.
Portugal, Germany and Malta all have seen Canadian licensed producers moving in to ramp up operations for European distribution.
Comments
Funny situation.
Quoting Chip:
Quoting Chip:
I see no need to add unnecessary clarification to my post to satisfy those who struggle with geography.
America is not a country. North America is a continent which includes the United States and Canada. Why do you contest that the continent of America does not include Canada?
The reality is tens of millions of people through out the world smoke this drug with or with out Government approval.
Universal greed being what it is will surely lead to these drugs being legal and widely available sooner or later..
Quoting Chip:
Quoting Chip:
Quoting Chip:
Perhaps you should have said NORTH America then,Canada and America are too separate countries
The lawmakers are not the ones standing in the way of legalising this weed. You need to understand (the true reason not the made up one) why cannabis was banned in 1920s America in the first place.