First up, Irwin Simon will join us to discuss Tilray’s latest earnings. Tilray reported revenue of $211 million, missing analyst estimates of $216.3 million. However, their revenue guidance for 2025 is $975 million at the midpoint, beating analyst estimates by 8.2% and implying 17.6% growth. We will also delve into the growing hemp beverage market and the market share Tilray expects to capture this year.

Next, Shane Pennington, counsel to Village Farms (NASDAQ: VFF), will join us to talk about the latest involving the rescheduling of cannabis.

Last week Village Farms jointly filed a request to reconsider their previous motion to disqualify and remove the DEA from its role in the proposed rescheduling of marijuana from a Schedule I to a Schedule III drug. The new request includes evidence claiming that the DEA’s negative attitude towards the proposed rule has hurt the chances of rescheduling.

Pennington believes this new evidence shows that the DEA is using its power to undermine the process and block the Schedule III proposal.

Last up, and perhaps the biggest news of the day, Raj Grover will discuss big news from High Tide. The company announced its entry into the fast-growing German medical cannabis market by signing a definitive agreement to acquire 51% of Purecan GmbH for approximately €4.8 million, with an option to acquire the remaining interest in the future.

Germany is one of the world’s largest importers of medical cannabis, with almost half of all imports coming from Canada. According to "The German Cannabis Report" by Prohibition Partners, medical cannabis sales in Germany are expected to exceed €420 million this year and reach €1 billion by 2028. Grover will explain why this agreement made sense for High Tide and how it will benefit the company's bottom line moving forward.

#hightide #tilray #cannabis #medicalcannabis #cannabisstocks #msos #cannabisearnings #dea #cannabisrescheduling #marijuana #villagefarms

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