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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 Medical has announced final results from a clinical study on oral cannabis extract for Chemotherapy-Induced Nausea and Vomiting (CINV). The randomized, placebo-controlled trial involved 147 participants from 2016 to 2022, testing capsules containing 2.5mg THC and 2.5mg CBD versus placebo. The study showed significant improvements, with complete response rates increasing from 8% (placebo) to 24% (THC:CBD). While demonstrating reduced nausea and fewer daily vomits, some side effects were observed, including sedation (18% vs 7%), dizziness (10% vs 0%), and anxiety (4% vs 1%).
Breckenridge Brewery, a Tilray Brands (NASDAQ: TLRY) subsidiary, has partnered with the University of Colorado Athletics to release a -edition version of their Juice Drop Hazy IPA in 19.2oz cans. The co-branded packaging features the CU Buffaloes logo alongside Breckenridge's branding, targeting both beer enthusiasts and Buffs supporters. The collaboration, developed with Buffalo Sports Properties and CLC, builds on Breckenridge's four-year relationship as the Buffs' craft beer partner. The special edition will be available at select retailers across Colorado, particularly in Boulder and surrounding areas.
Breckenridge Distillery, a subsidiary of Tilray Brands (NASDAQ: TLRY), has partnered with Flaviar to release Dad's Stash Whiskey, a -edition whiskey supporting No-Shave November and raising funds for Fight Colorectal Cancer (Fight CRC). The 86-proof whiskey features notes of black walnut, leather, tobacco, chocolate, and vanilla, with a creamy caramel and oak finish. Available exclusively on Flaviar.com and Caskers.com for $44.99, with all sales proceeds being donated to No-Shave November to benefit Fight CRC's cancer research, education, and prevention initiatives.
Blue Point Brewing Company, a subsidiary of Tilray Brands (NASDAQ: TLRY and TSX: TLRY), is launching its men's health awareness campaign for Movember. The brewery is releasing a special edition of its classic double IPA, Big Mo, with a portion of proceeds going to the Movember Foundation.
The campaign includes several events at Blue Point's BrewPub in Patchogue, New York:
- Nov. 1: Movember Shave-Off
- Weekly progress picture opportunities
- Nov. 30: Movember Wrap Party featuring live performance by Easy Chief
Blue Point is also hosting its 20th Annual Cask Ales Festival on Nov. 2, 2024. The brewery encourages community participation in the 'Grow a Mo' program through the Movember Foundation App to raise awareness for men's health issues, including mental health, prostate cancer, and testicular cancer.
Breckenridge Brewery, a Tilray Brands subsidiary, has announced the release of its seasonal Funslinger Lager. The beer features packaging designed by Denver artist Mike Graves and is available exclusively in Colorado as a 12pk and draft, as well as part of a 15pk variety pack in select U.S. retailers. To celebrate the launch, Breckenridge Brewery is hosting an Opening Day Party on October 25, 2024, at Monkey Barrel Bar in Denver. The event will include:
- Free admission
- Raffle for -edition Never Summer Industries artist series snowboards
- Premiere of Never Summer's new film
- Free snowboard tuning
- Prizes and complimentary items for early attendees
The collaboration aims to bring together art, sports, and craft beer to celebrate the winter sports community.
Tilray Brands celebrates six years of cannabis legalization in Canada, maintaining its position as the #1 cannabis producer in the country. The company leads the market across major provinces, including British Columbia, Alberta, Ontario, and Quebec. Tilray has expanded its portfolio through strategic acquisitions and innovative product launches across various categories:
Broken Coast: Premium craft cannabis, including new 1g blunts and popular strains.
Good Supply: Known for classic formats and innovative products like Twisted Vapes and Juiced Xtreme pre-rolls.
Redecan: Specializes in unique, high-quality flower and signature products.
Solei: Wellness-focused brand offering topicals and new Sparkling Beverages.
Chowie Wowie: Cannabis edibles brand launching new flavored chocolate bars.
XMG: Leading cannabis beverage brand with new XMG+ and XMG Zero lines.
Mollo: Offers cannabis-infused drinks reminiscent of craft brews and lagers, now including THC and CBD Seltzers.
Tilray remains committed to innovation, quality, and consumer-focused experiences in shaping the future of cannabis in Canada and beyond.
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has announced its fall-themed product launches across its craft beer and beverage brands. The lineup includes new offerings from Shock Top, Breckenridge Brewery, Montauk Brewing, Blue Point Brewing, and Terrapin. Highlights include:
- Shock Top's Twisted Pretzel (5% ABV)
- Breckenridge Brewery's Oktoberfest (6% ABV)
- Montauk Brewing's Pumpkin Ale (5.7% ABV)
- Blue Point Brewing's Mother Pumpkin Ale (5.5% ABV)
- Terrapin Beer's Sweater Weather (6.8% ABV)
Prinz Pinakatt, Chief Marketing Officer at Tilray Beverages, emphasized the unique opportunity fall presents to engage consumers through premium seasonal brews. The new releases are designed to embody the essence of the season, ranging from Oktoberfest beers to pumpkin ales.
Tilray Brands reported strong Q1 2025 financial results, with net revenue increasing 13% year-over-year to $200 million. The company saw significant growth across various segments:
- Beverage alcohol net revenue surged 132% to $56.0 million
- Cannabis net revenue reached $61.2 million with a 40% gross margin
- Distribution net revenue was $68.1 million
- Wellness net revenue grew 11% to $14.8 million
Gross profit increased by 35% to $59.7 million, with gross margin improving to 30%. The company's net loss improved by 38% to $(34.7) million. Tilray's CEO, Irwin D. Simon, expressed optimism about potential regulatory changes in the U.S. cannabis industry following the upcoming presidential elections.
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has announced the launch of Charlotte's Web CBD gummies in Canada. The new product line includes CBD Rest Gummies and CBD Life Gummies, designed for daily CBD consumers. Each gummy contains 25mg of premium CBD and is available in a 30-pack bottle with two flavors: Berry & Fruit and Turmeric & Ginger.
The gummies are crafted in British Columbia's Okanagan Valley using Charlotte's Web's proprietary hemp genetics and full-spectrum CBD hemp extract. They are blended with functional herbs and botanical supplements for targeted wellness benefits. The Rest Gummies support wind-down routines, while the Life Gummies are formulated for an active lifestyle.
The products are currently available at select cannabis retailers in Ontario and will be accessible through the Tilray Medical website. Distribution is expected to expand to select provinces and retailers in October and November.
Blue Point Brewing Company announces its 20th Annual Cask Ales Festival on November 2, 2024, from 2-6 PM at its Patchogue, New York brewery. The event will feature over 150 unique firkin-style beers, live performances by The Warped Tour Band, KRUSH, and DJ Kaution, food trucks, and a local vendor market. Tickets are available now, with general admission at $75, VIP at $130, and designated driver at $40.
The festival offers interactive activities and supports local charities. VIP tickets include early entry, exclusive perks, and a gift bag. Attendees must be 21 or older. Founder Mark Burford emphasizes the event's significance in the community and its diverse beer selection.
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