Canadian cannabis giant Tilray, Inc. TLRY TLRY confirmed Thursday that its medical subsidiary Aphria has launched medical cannabis oral strips in THC and CBD-rich varieties.
“Tilray’s medical brands, Aphria, Symbios, and Tilray, are relentlessly committed to investing in patient wellness through a portfolio of new innovative product offerings, GMP-certified cultivation, and the earned trust of the medical community,” Irwin D. Simon, Tilray’s chairman and CEO stated. “The launch of the Aphria-branded medical strips is a compelling proof point in this regard, and, given the growing expansion of medical cannabis across the globe, we believe we are exceptionally well-positioned in this high-growth, high-margin market moving forward.”
Medical Marijuana Oral Strips
Each Aphria medical strip is supported by QucikStrip’s proprietary technology and it has a thin, edible film with quickly dissolving micronized cannabinoids that are absorbed directly into the bloodstream, allowing for a fast-acting and precise dosing experience offering relief from various conditions.
The strips are now available across Canada in three different cannabis ratios: THC 10, CBD 20:1, and THC: CBD 10:10 (coming soon). Each pack of Aphria oral strips comes with 30 individually wrapped strips for precise, single-dose delivery.
“At Aphria Medical, our goal is to be the trusted partner for patients by providing them with high-quality, precise, and efficacious medical cannabis treatment,” Blair MacNeil, president at Tilray Canada said in a statement. “Delivering on this mission means meeting patients ‘where they are,’ including those who are unable or reluctant to swallow medication or do not prefer the taste of cannabis oil.”
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Tilray’s shares traded 2.54% higher at $9.51 per share at the time of writing Thursday morning.
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