Canadian cannabis producer Tilray added 21 distributors in the past month

1 month ago by Joshua Fruhlinger in Facts

Canadian cannabis producer Tilray ($NASDAQ:TLRY) made headlines in July when it became the first marijuana company to go public on the NASDAQ. Investors were warmly receptive, sending the stock from an opening share price of $17 to more than $200. Bloomberg Business reacted by tweeting "Pot company Tilray is now bigger than CBS, American Airlines, and Clorox."

Today, Tilray's stock price sits at a somewhat more modest (but still impressive) $112.14, giving it a market cap of over $10 billion. This makes it larger than American over-the-counter pharma company Perrigo.

Outside of stock prices, however, Tilray is growing where it matters the most: distribution centers, or physical locations where Canadians can buy cannabis products.

Cannabis isn't (yet) sold at pharmacies in Canada. Instead, it's sold at these distribution centers, of which Tilray now has 169 in 84 Canadian cities.

Just last month, Tilray had 148 locations, which means it added 21 new distribution centers in just a few weeks. That's a fast growth clip than any Canadian pharmacy.

The new locations are listed below:

Name

City

State

Apollo Cannabis Clinics

Aurora

Ontario

Canabo Medical Clinic

Edmonton

Alberta

Canabo Medical Clinic

Springdale

Newfoundland and Labrador

Canabo Medical Clinic

Barrie

Ontario

Canabo Medical Clinic

Kingston

Ontario

Canabo Medical Clinic

Bracebridge

Ontario

Canabo Medical Clinic

Pasadena

Newfoundland and Labrador

Canabo Medical Clinic

Vaughan

Ontario

Canabo Medical Clinic

Brampton

Ontario

Cannabis Access Centre

Montreal

Quebec

Cannabis Supply Company

Windsor

Ontario

Cannabis Supply Company

London

Ontario

Clarity Medical Centre

Vancouver

British Columbia

Clarity Medical Centre

Victoria

British Columbia

Clarity Medical Centre

Terrace

British Columbia

Hybrid Pharm

Ottawa

Ontario

Main Street Medical Clinic

Springdale

Newfoundland and Labrador

Management Advisory Practitioners Inc.

Tecumseh

Ontario

MD Cannabis Clinic

Calgary

Alberta

Medical Cannabis Resource Centre Inc. (MCRCI)

Halifax

Nova Scotia

Solis-Jean Health Teaching Services Inc.

Windsor

Ontario

Tilray's 169 locations throughout Canada appear poised for further expansion as the company continues to grow rapidly.

Joshua Fruhlinger

Joshua has been writing about technology, lifestyle, and business for over 20 years. He's one of the original writers and editors for Engadget, and still writes a...

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