Tilray Expands German Healthcare Push With Strategic Pharma Deal

benzinga_article
2026.03.12 15:37
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Tilray Brands (NASDAQ:TLRY) announced a strategic partnership with CC Pharma and 14U Pharma to enhance its market presence in Germany, effective April 1, 2026. Despite this expansion, Tilray's shares fell 1.11% to $7.14 amid broader market weakness. The collaboration aims to improve pharmacy access and address B2B and B2C needs, leveraging CC Pharma's distribution network. Analysts maintain a Hold rating on the stock, with an EPS estimate of a 1 cent loss and revenue expected to rise to $203.15 million. Tilray's stock is currently underperforming its sector, reflecting mixed momentum in technical analysis.