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Tilray Brands, Inc. (NASDAQ: TLRY) is a pioneering company in the field of medical and recreational cannabis production and research. Headquartered in Canada, Tilray has positioned itself as a global leader with a commitment to providing safe, consistent, and reliable therapy to patients and consumers worldwide. The company operates in multiple regions, including Canada, the United States, Europe, Australia, and Latin America, serving a diverse clientele ranging from patients and physicians to pharmacies, hospitals, and governments.
In 2021, Tilray underwent a significant transformation when legacy Aphria acquired legacy Tilray through a reverse merger, consolidating their strengths under the name Tilray Brands, Inc. This strategic merger expanded Tilray's market reach and product portfolio, bolstering its position in both the medical cannabis export market and the recreational cannabis sector.
Tilray's core offerings include a comprehensive range of cannabis products, from medical cannabis treatments to CBD products and alcoholic beverages. One of its latest ventures is the Ridge Runner West Coast IPA, a craft beer that has gained popularity for its complex flavors and craftsmanship. Additionally, Tilray's subsidiary, Widmer Brothers Brewing, recently launched a new Hefe Variety 12 Pack, showcasing innovative wheat beer styles.
The company is also making strides in the cannabis beverage market with the introduction of XMG Zero and XMG+ beverages. These products offer a variety of THC and CBG ratios, bringing unique flavors and high-quality ingredients to consumers across Canada.
Tilray's commitment to innovation extends beyond beverages. Solei, one of its wellness brands, has introduced the Warming Deep Tissue Stick, a cannabis-infused topical solution designed for active lifestyle enthusiasts. Meanwhile, Good Supply has released the Twisted All-in-One rechargeable vape, offering a potent and flavorful vaping experience.
Overall, Tilray Brands, Inc. continues to lead the way in cannabis research, cultivation, and distribution, with a diversified portfolio that caters to the needs of a global community. The company remains dedicated to enhancing the lives of its consumers through high-quality, innovative products that inspire well-being.
Tilray Brands (NASDAQ: TLRY) announces nationwide game day events at its craft breweries for February 9th, 2025. The initiative spans multiple locations including SweetWater Brewing, Montauk Brewing, Breckenridge Brewery, Blue Point Brewing, 10 Barrel Brewing, Hop Valley Brewing, Redhook Brewing, Terrapin Beer, and Atwater Brewery.
Each brewery offers unique experiences including watch parties, special food and beverage deals, giveaways, and take-home packages. Highlights include SweetWater's taproom touchdowns in Atlanta, Montauk's partnership with Fierro's Pizza, Breckenridge's three-location celebration, Blue Point's house party raffle, and various brewery-specific promotions featuring craft beers, wings, and game day specials.
Terrapin Beer Co., a Tilray Beverages craft beer brand (NASDAQ: TLRY), announces the 20th anniversary celebration of its Wake-n-Bake Coffee Oatmeal Imperial Stout with a special event on January 26th, 2025, in Athens, GA. The Wake-n-Bake Off event will feature local restaurants competing to create the best dishes incorporating the iconic stout.
The celebrated stout is crafted with Nugget hops and a complex malt blend, featuring 2-Row, Crystal 85, Flaked Barley, Flaked Oats, Chocolate, Black, and Roasted Barley, enhanced with Jittery Joe's Coffee. Available in 6-packs of 12oz cans and on draft, the beer offers a smooth, velvety texture with rich coffee notes.
The anniversary event begins at 4 PM EST at Terrapin Beer Co.'s taproom, featuring live music by Jim Cook, exclusive merchandise, and food offerings. Guest judges include Charlie Mustard from Jittery Joe's Coffee, Beth Hughes from Little Light Co., and Anthony Schaaf from Athens Rock Lobsters.
Breckenridge Brewery, a Tilray Brands (NASDAQ: TLRY) subsidiary, has launched Spring Forward Grapefruit IPA, a new seasonal beer release. The -edition brew combines grapefruit and citrus flavors with hop-driven bitterness, featuring Amarillo, Cascade, and Citra hops.
The beer will be available from January through April 2025 in 6-pack bottles and on draft at select regional retailers. The packaging design showcases vibrant pinks, purples, and greens to reflect blooming seasons. Brewmaster Carl Heinz emphasizes the beer's refreshing character and year-round appeal.
Tilray Brands (TLRY) reported strong Q2 2025 financial results with notable growth across all business segments. Net revenue increased 9% year-over-year to $211 million, while gross profit rose 29% to $61 million. The company's beverage segment showed remarkable performance with a 36% revenue increase to $63 million.
The company reported a net loss of $(85) million, of which $75 million was comprised of non-cash items. Adjusted EBITDA was $9 million compared to $10 million in the prior year. Tilray announced Project 420, a $25 million synergy plan for its beverage business, with $17 million already achieved by Q2 end.
Key segment performance includes beverage alcohol gross margin increasing to 40%, cannabis net revenue at $66 million with 35% gross margin, distribution revenue of $68 million, and wellness segment growing 13% to $15 million. The company reaffirmed its fiscal year 2025 guidance of anticipated net revenues between $950 million and $1 billion.
Tilray Medical, through its German subsidiary Tilray Deutschland GmbH, has won a tender from Luxembourg's Ministry of Health and Social Security to supply medical cannabis flower to the country. This achievement reinforces Tilray's position in Europe's growing medical cannabis market and demonstrates the company's capability to consistently deliver high-quality medical cannabis products internationally.
According to Denise Faltischek, Chief Strategy Officer and Head of International, this repeat selection by Luxembourg validates the company's commitment to providing quality medical cannabis to patients worldwide.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY) has rescheduled its second quarter fiscal 2024 earnings release from January 9 to January 10, 2025, before market open. The change is due to the closure of the SEC and U.S. stock markets on January 9 for the National Day of Mourning honoring former President Jimmy Carter.
The company will host a live conference call and audio webcast to discuss the results at 8:30 am Eastern Time on January 10. The financial results will cover the quarter ended November 30, 2024. Investors can access the webcast through Tilray's website investor section.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY) has announced its expanded cannabis beverage portfolio in Canada, featuring products under three brands: Mollo, Solei, and XMG. The lineup includes various THC, CBD, and CBG-infused beverages with different cannabinoid concentrations and flavors.
Mollo Seltzers offers Blackberry flavor (10mg THC, 20mg CBG) with upcoming Wildberry Acai and Watermelon Lime variants. Solei's range includes sparkling beverages and cold brew teas with varying THC/CBD/CBG combinations. XMG features two product lines: XMG+ with caffeine-infused options and XMG Zero with zero-calorie sodas containing 10mg THC.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY) introduces its non-alcoholic beverage portfolio for the new year, featuring multiple brands. Liquid Love offers sparkling waters with electrolytes and B-vitamins in four flavors, donating five cents per sale to water conservation. Herb & Bloom and Happy Flower both feature hemp-derived Delta-9 THC (5mg per can) in various mocktail flavors. Runner's High presents alcohol-free craft brews in Golden Wheat, Raspberry Wheat, and Dark Chocolate varieties. Montauk Brewing Company debuts its first N.A. IPA with less than 0.5% ABV, featuring Citra, Mosaic, and Cryo hops.
SweetWater Brewing Company, the Southeast's largest craft brewer and a Tilray Brands (NASDAQ: TLRY) subsidiary, announces its 28th Anniversary Bash featuring electronic jam band STS9 as headliner. The event is scheduled for February 22 at SweetWater's Atlanta brewery.
The celebration includes double sets by STS9, performances by Break Science, Marvel Years, Sneezy, and others, plus a Rock Poster Show featuring authentic band posters. Early Bird General Admission tickets are priced at $60, while KUSH VIP tickets cost $97, offering additional perks including complimentary drinks, VIP access, and exclusive viewing areas.
SweetWater's HoliBlaze promotion offers 25% off when purchasing Anniversary Party tickets together with SweetWater 420 Fest weekend passes, available until January 1.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company, has announced it will release its second quarter fiscal 2025 financial results on January 9, 2025, before market open. The results will cover the period ended November 30, 2024. The company will host a live conference call and audio webcast at 8:30 a.m. Eastern Time to discuss the results, which will be accessible through the Investors section of Tilray's website.
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