Tilray Medical Forms Strategic Partnership in Italy to Broaden Access to Medical Cannabis Extracts
Rhea-AI Summary
Tilray Medical (NASDAQ:TLRY) has announced a strategic partnership between its subsidiary FL Group and Molteni, a prominent Italian pharmaceutical company specializing in pain therapies. The collaboration aims to expand access to medical cannabis extracts across Italy.
Through this partnership, Molteni will leverage its extensive network of pharmaceutical, scientific, and medical professionals to provide targeted education on medical cannabis therapies. The initiative combines FL Group's regulatory and distribution expertise with Molteni's scientific leadership to enhance patient care and medical cannabis education for pain management.
Tilray Medical maintains a strong presence in the European medical cannabis market, with operations across Germany, Italy, Portugal, Poland, and the United Kingdom.
Positive
- Strategic partnership with established Italian pharmaceutical company expands market reach
- Access to Molteni's extensive network of healthcare professionals for education and distribution
- Strengthens Tilray's presence in the European medical cannabis market
- Leverages EU-GMP certified cannabis therapies for quality assurance
Negative
- No immediate financial impact or revenue projections disclosed
- Partnership focused only on education and distribution, without manufacturing components
News Market Reaction 47 Alerts
On the day this news was published, TLRY gained 31.51%, reflecting a significant positive market reaction. Our momentum scanner triggered 47 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $359M to the company's valuation, bringing the market cap to $1.50B at that time. Trading volume was elevated at 2.9x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Tilray’s FL Group Teams Up with Molteni, a Major Pharmaceutical Firm Focused on Pain and Substance Dependence Therapies
NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Tilray Medical, a division of Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY) and a global leader in medical cannabis, empowering the therapeutic alliance between patients and healthcare practitioners to make informed individualized health decisions, announced today that its wholly-owned subsidiary, FL Group S.R.L., has entered into a strategic partnership with L. Molteni & C. dei F.lli Alitti Società di Esercizio S.p.A. (“Molteni”), an Italian pharmaceutical firm specializing in pain therapies and substance dependence.
The partnership is designed to broaden the availability of Tilray Medical cannabis extracts for patients across Italy. Molteni will collaborate with FL Group by providing targeted education on medical cannabis therapies through Molteni’s comprehensive network of pharmaceutical, scientific, and medical professionals throughout Italy.
“This partnership reflects our commitment to advancing patient care through strategic collaboration,” said Rajnish Ohri, Managing Director, International at Tilray Brands. “By combining FL Group’s regulatory and distribution capabilities with Molteni’s scientific leadership, we are not only expanding access to high-quality, EU-GMP certified cannabis therapies for patients across Italy but also prioritizing medical cannabis education for pain therapies. Through Molteni’s extensive network of healthcare professionals, we aim to empower practitioners with the knowledge and resources needed to support patients seeking effective pain management solutions.”
Tilray Medical continues to lead the European medical cannabis market with operations in Germany, Italy, Portugal, Poland, and the United Kingdom.
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray, Aphria, Broken Coast, Symbios and Navcora. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, and Tilray Medical Australia-New Zealand.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
About Molteni Farmaceutici
Molteni Farmaceutici is an Italian pharmaceutical company, a specialty pharma leader in therapeutics solutions for pain management and drug addiction. Founded in 1892 and headquartered in Florence, Italy. With its own Manufacturing, R&D, Regulatory, Supply Chain and Commercial capabilities it is able to serve a broad distribution reach in Europe and across the globe, with operations in over 40 countries.
Forward-Looking Statements
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For further information:
Media: news@tilray.com
Investor Relations: investors@tilray.com
FAQ
What is the new partnership between Tilray Medical and Molteni in Italy?
How will the Tilray (TLRY) and Molteni partnership benefit patients in Italy?
What is Tilray Medical's current presence in Europe?
Who is Molteni and why did Tilray (TLRY) choose to partner with them?
What role will FL Group play in the Tilray-Molteni partnership?
