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Tilray Brands, Inc. - TLRY STOCK NEWS

Welcome to our dedicated page for Tilray Brands news (Ticker: TLRY), a resource for investors and traders seeking the latest updates and insights on Tilray Brands stock.

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.

News

Tilray Brands Completes Acquisition of Truss Beverage Co.

Rhea-AI Summary
Tilray Brands, Inc. has completed the acquisition of Truss Beverage Co. from Molson Coors, solidifying its leadership position in the cannabis beverages market with approximately 40% market share in Canada. The acquisition strengthens Tilray's beverage operations in Canada and optimizes its commercial network through collective sales, marketing, and distribution force.
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A Cut Above: RIFF Cannabis Brand Expands Its Diamond Collection With New THCA ‘Liquid Diamond’ Vapes

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Tilray Brands, Inc. unveils the latest additions to the Diamond Collection from premium cannabis brand, RIFF, including diamond-infused multi-packs of pre-rolls and blunts. The new RIFF Diamond Collection features small-batch, hand-crafted whole flower boosted by THCA diamonds and full spectrum live resin, with the lineup including infused pre-rolls, blunts, and vapes. The liquid diamond vapes are formulated with premium distillate, high-potency THCA diamonds, and botanical terpenes, offering highly refined and unforgettable experiences. RIFF also launched its diamond-infused pre-rolls and blunts, featuring unique terpene-rich strains and a convenient compact carrying case for the pre-rolls and a pop-top pre-roll case for the blunts.
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Manitoba Harvest Hemp Foods Celebrates a Decade of B Corp Certification With a Score of 100 Points

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Manitoba Harvest, a subsidiary of Tilray Brands, Inc., proudly marks a decade as a Certified B Corporation™ with a score of 100, reaffirming its commitment to sustainability and social responsibility. The company's dedication to fostering a positive impact on people and the planet is evident through initiatives like an investment in Regenerative Agriculture.
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SweetWater Brewing Doubles Down on ‘Gummies’

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SweetWater Brewing Company, a subsidiary of Tilray Brands, Inc., released two new high-alcohol 'Gummies' brews: Sour Watermelon and Cherry Limeaid India Pale Ales. These fruit-flavored, high-ABV beers are brewed with real fruit and clock in at 9.5% ABV. The company aims to satisfy the demand for full-flavored, high-ABV beers with these new additions to their Gummies lineup, which are now available nationally in major retailers.
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Tilray Brands Delivers Record Q2 Fiscal 2024 Net Revenue

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Tilray Brands, Inc. (TLRY) reported a record net revenue of $194 million in Q2 of fiscal year 2024, representing a 34% increase over the prior year period. The company achieved a 31% growth in Canadian cannabis net revenue, and 55% growth in international cannabis net revenue. Tilray also positioned itself as the 5th largest craft beer brewer in the U.S., with a 117% increase in beverage alcohol net revenue. The company aims to achieve $30-$35 million in annual savings related to the integration of HEXO acquisition and has a strong financial liquidity position of ~$261 million. However, the net loss decreased to $46 million, and operating cash flow was $(30) million in the second quarter.
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Kick off the New Year with a ‘BOOST’ from RIFF Cannabis

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Tilray Brands, Inc. (TLRY) debuts RIFF BOOST™ beverage collection, featuring THC and CBG-infused drinks in two new flavors, Tropical Burst and Vanilla Frost. Each drink contains 10mg THC, 10mg CBG, ginseng extract, and 30mg caffeine from guarana extract. RIFF BOOST is available in 355 mL cans in select regions in Canada.
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Tilray Brands, Inc. to Announce Second Quarter 2024 Financial Results on January 9, 2024

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Tilray Brands, Inc. (TLRY) to Release Q2 2024 Financial Results on January 9, 2024
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Tilray Launches Cannabis-Infused Premium Belgian Chocolates With Chowie Wowie Edibles Brand

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Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) expands its cannabis portfolio with new Chowie Wowie Soft Caramel and Crunchy Praline flavors, alongside its top-selling THC Milk Chocolate and Balanced THC and CBD Milk Chocolate. Chowie Wowie is currently the #2 cannabis infused chocolate brand nationally in Canada, with its Chowie Balanced Milk Chocolate and Chowie THC Milk Chocolate being the top 1 and 2 performing chocolate offerings in the market, and has grown by 12% month over month since May 2023. The new lineup includes Soft Caramel Chocolate with 10mg THC and 10mg CBD and Crunchy Praline Chocolate with 10mg THC and 10mg CBD, both made with premium Belgian chocolate and available across Canada.
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Alpine Beer’s Fan-Favorite ‘Windows Up’ IPA Returns With Its Signature Tropical Dankness

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Alpine Beer, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announces the return of its renowned ‘Windows Up’ India Pale Ale ('IPA'). The beer features bright tropical and citrus aromas, resiny pine and dank notes, and a 7.5% alcohol by volume. Initially released in 2016, it won the hearts of IPA lovers with its harmonious blending of Mosaic and Citra hops, well balanced by a malt bill of oats and wheat. Windows Up is available in six-packs of 12-ounce cans throughout the Western United States.
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Breckenridge Distillery Awarded 96 Points and Receives Double Gold and Gold Recognitions at This Year’s 2023 New York International Spirits Competition

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Breckenridge Distillery (TLRY) Wins Double Gold and Two Gold Awards at the New York International Spirits Competition
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FAQ

What is the current stock price of Tilray Brands (TLRY)?

The current stock price of Tilray Brands (TLRY) is $1.34 as of November 22, 2024.

What is the market cap of Tilray Brands (TLRY)?

The market cap of Tilray Brands (TLRY) is approximately 1.2B.

What does Tilray Brands, Inc. do?

Tilray Brands, Inc. is a global leader in medical and recreational cannabis production and research. The company offers a wide range of cannabis products, including medical treatments, CBD products, and craft beverages.

Where is Tilray Brands, Inc. headquartered?

Tilray Brands, Inc. is headquartered in Canada.

What was the significance of the 2021 merger?

In 2021, legacy Aphria acquired legacy Tilray through a reverse merger, consolidating their strengths under the name Tilray Brands, Inc., thus expanding their market reach and product portfolio.

What are some of Tilray's wellness products?

Tilray's wellness products include the Solei Warming Deep Tissue Stick, a cannabis-infused topical solution designed for active lifestyle enthusiasts.

What recent product has Tilray introduced in the beverage market?

Tilray recently introduced XMG Zero and XMG+ beverages, offering a variety of THC and CBG ratios with unique flavors.

What is the Ridge Runner West Coast IPA?

Ridge Runner West Coast IPA is a craft beer introduced by Tilray's subsidiary Breckenridge Brewery, known for its complex flavors and craftsmanship.

What vaping product has Good Supply recently launched?

Good Supply has recently launched the Twisted All-in-One rechargeable vape, offering a potent and flavorful vaping experience.

What markets does Tilray operate in?

Tilray operates in Canada, the United States, Europe, Australia, and Latin America.

What is the mission of Tilray Brands, Inc.?

Tilray's mission is to be the most responsible, trusted, and market-leading cannabis and consumer products company in the world, enhancing people's lives through high-quality, innovative products.

How does Tilray ensure the quality of its products?

Tilray is committed to providing safe, consistent, and reliable therapy through its GMP-certified production and a diversified portfolio that meets the needs of a global community.

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Tilray Brands, Inc.

Nasdaq:TLRY

TLRY Rankings

#2379 Ranked by Market Cap
N/A Ranked by Dividends

TLRY Stock Data

1.23B
897.22M
0.67%
12.1%
12.48%
Drug Manufacturers - Specialty & Generic
Medicinal Chemicals & Botanical Products
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