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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 Expands Cannabis Beverage Portfolio With New THC, CBG and CBD Drink Innovations by Top-Performing Canadian Brands

Rhea-AI Summary
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) unveils a new range of cannabis-infused beverages from its XMG and Mollo brands, featuring diverse flavors and innovative cannabinoid profiles, reshaping the cannabis beverage market with unparalleled variety and quality. XMG dominates the cannabis-infused beverage space, with its XMG Plus lineup offering nostalgic taste profiles and top-selling flavors, while Mollo stands out with mass-appealing, sessionable cannabis craft brews. Both brands are positioned as leaders in the Canadian market, with Mollo's shares doubling since January.
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Good Supply™ Cannabis Launches 'Get Blitzen’d' Holiday Campaign and New Limited-Edition Products Across Canada

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Tilray Brands, Inc. (TLRY) announces the 'Get Blitzen'd' campaign by its Canadian cannabis brand, Good Supply, unveiling the 'Holiday Helpers' 36-pack of pre-rolls and 'The Grump' MONSTERS 1000mg Infused Pre-rolls. The 'Holiday Helpers' pack offers 12 pre-rolls of each sativa, hybrid, and indica blends, while 'The Grump' is a 2.38g infused pre-roll with 1,000mg of THC, hitting shelves nationwide.
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SweetWater Brewing Company Launches Special-Edition 420 IPA in Partnership With the Georgia Aquarium, One of the Top Aquariums in the World

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SweetWater Brewing Company has announced a new partnership with Georgia Aquarium to support their mission of ocean conservation and preservation of aquatic animals. SweetWater will release special-edition 12-packs and 12-ounce cans of its flagship beer, 420 Extra Pale Ale, featuring the Aquarium's branding and art. Proceeds from the sales will be donated to Georgia Aquarium's research and conservation efforts. The partnership aims to advance research and conservation efforts for marine life and aquatic ecosystems.
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Blue Point Brewing Announces Cask Ales Festival and New Beer Lineup

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Blue Point Brewing Company, a subsidiary of Tilray Brands, Inc., is hosting its 19th Annual Cask Ales Festival on November 4th. The festival will feature 60+ breweries, live music from The Warped Tour Band, Evil Sweet, DJ Kaution, and more. It will also include local vendors, food trucks, and a variety of cask ales from breweries across the country.
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Sweetwater Brewing Company Unveils Fall Craft Beer Lineup

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SweetWater Brewing Company unveils its fall lineup of craft brews, including the new limited series Brewer’s Batch Golden Ale and Brewer’s Batch IPA. Popular beers like Georgia Brown Ale and Mosaic Single Hop Hazy IPA make a limited return. SweetWater also offers a new IPA variety pack this fall.
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Celebrating Five Years of Growth: Tilray Brands Reflects on Industry Leadership in Canadian Cannabis and Looks Forward to its Future

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Tilray Brands celebrates five years of growth and industry leadership in the Canadian cannabis market. They have emerged as the leading international cannabis Licensed Producer (LP) in Canada with a market share of approximately 13.4%. They have made strategic acquisitions of HEXO Corp. and Truss Beverage Co. to solidify their market dominance. Tilray Brands is committed to leading the global cannabis industry in quality, innovation, brands, and consumer insight.
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Good Supply, Tilray’s Best-Selling Cannabis Brand, Launches New Sustainability Campaign, ‘Green You Can Feel Good About’, and Debuts New Hemp Packaging

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Tilray Brands, Inc. announces a new sustainability campaign and hemp packaging transition for its Canadian cannabis brand Good Supply®. The company has overhauled the packaging of its products to minimize the use of single-use plastics and embrace more environmentally friendly materials. Consumers are 50% more likely to purchase a cannabis product that comes in sustainable packaging. Tilray's new hemp packaging program allows them to divert over 131,000kg of plastic from landfills each year. They have also reforested 2000+ trees to offset paper consumption. Tilray will continue to roll out sustainable hemp packaging for its other brands in Canada.
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Montauk Releases Major Wave Chaser Double India Pale Ale

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Montauk Brewing launches Major Wave Chaser Double IPA to meet demand for full-flavor, high-alcohol beers
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Tilray Brands Reports Q1 2024 Financial Results

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Tilray Brands reports record Q1 net revenue of $177 million, representing 15% YoY growth. Increased cannabis market share in Canada to 13.4%. Grew Canadian cannabis revenue by 16.5% and international cannabis revenue by 37%. Closed acquisition of eight craft beer and beverage brands, becoming 5th largest US craft beer brewer with 5% market share. Reiterates adjusted EBITDA target of $68-78 million for FY2024.
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Tilray Brands Closes Transaction Acquiring Eight Beer & Beverage Brands From Anheuser-Busch; Solidifies Leadership Position in U.S. Craft Beer Market

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Tilray Brands has closed its acquisition of eight beer and beverage brands from Anheuser-Busch, making it the 5th largest craft beer business in the US market. The US craft beer market is projected to generate $30 billion in revenue in 2023. Tilray Brands aims to reinvigorate innovation in the beverage sector, including non-alcoholic beverages and energy drinks. The acquisition strengthens Tilray's distribution footprint and provides manufacturing capacity for commercial expansion opportunities. The acquired brands have a loyal consumer base and offer growth opportunities. The strategic acquisition is expected to contribute to Tilray's growth and profitability.
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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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United States of America
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