Tilray Chairman Says THC Beverage and Medical Marijuana Regulation Could Boost Cannabis Industry

Irwin D. Simon of Tilray Brands states that formal rules may support companies and reduce illicit market activity.

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Terms & Concepts
  • THC: Tetrahydrocannabinol, the main psychoactive compound in cannabis responsible for the 'high' sensation.
  • Medical marijuana: Cannabis prescribed by a healthcare provider to treat specific medical conditions.
  • Illicit market: An illegal trade or distribution channel operating outside of government regulation.