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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, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, has announced that it will release its financial results for the first quarter ended August 31, 2024, before the financial market opens on October 10, 2024. The company will host a live conference call and audio webcast to discuss these results at 8:30 am Eastern Time on the same day.
Investors can access the webcast through the Investors section of Tilray's website. Additionally, Tilray Brands stockholders can submit and upvote questions via the Say Technologies stockholder Q&A platform from September 30 until October 9, 2024. The platform can be accessed at https://app.saytechnologies.com/tilray-brands-2025-q1.
Shock Top, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has launched Shock Top LiiT Hard Iced Tea nationwide. This new product boasts a 9% alcohol content and is available in three flavors: Original, Peach Tea, and Raspberry Tea. The beverage is designed to extend the summer feeling into the fall season, targeting occasions like tailgates and bonfires.
LiiT Hard Iced Tea is now available in 19.2-ounce single cans, with 12-ounce 12-pack variety packs set to hit stores in early October. Ryan Workman, Brand Director at Shock Top, emphasizes the product's bold and refreshing nature, positioning it as a standout among fall releases. The company aims to provide consumers with a high-alcohol content option to keep the party going as summer transitions into fall.
Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY) is set to launch a portfolio of hemp-derived Delta-9 THC (HDD9) beverages in key U.S. markets starting October 2024. The new product line, developed under Tilray Alternative Beverages, includes premium mocktails, seltzers, and sparkling drinks containing 5mg HDD9 per can. The initial brands are:
1. 420 Fizz: A modern seltzer
2. Herb & Bloom: Super-premium mocktails
3. Fizzy Jane's: Light seltzers in three flavors
4. Happy Flower: Classic cocktail-inspired drinks
Tilray, a leader in cannabis, hemp, and beverages, aims to capitalize on the growing demand for alternative adult beverages. The company plans to introduce additional HDD9 brands and product categories later in the year.
Shock Top, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has announced its official craft beer sponsorship of University of Missouri Athletics. The partnership, starting with the 2024 football season, aims to integrate Shock Top into the gameday traditions of Mizzou fans. Prinz Pinakatt, Chief Marketing Officer at Tilray Beverages, emphasized the brand's commitment to becoming part of memorable moments for Tigers fans.
The sponsorship extends beyond athletics, focusing on supporting college athletes, alumni, and fans while fostering community spirit. This collaboration, facilitated by Mizzou Sports Properties, aligns Shock Top with the excitement of Mizzou game days and fan passion throughout the year.
Tilray Medical, a division of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has launched Redecan EU-GMP certified medical cannabis products in Australia. This expansion adds to Tilray's existing medical cannabis portfolio, which includes Tilray and Broken Coast offerings. The launch introduces two new products: Redecan PC THC28 Purple Churro and Redecan SA THC28 Space Age Cake, both available in 15g quantities.
Tilray continues to be a leading provider of EU-GMP certified medical cannabis globally, operating in over 20 countries. The company supports medical trials studying the efficacy of medical cannabis for various conditions, including fibromyalgia, epilepsy, cancer-related symptoms, HIV, and post-traumatic stress disorder.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY) has completed the acquisition of Atwater Brewery from Molson Coors Beverage Company (NYSE: TAP). This strategic move expands Tilray's presence in the Great Lakes region and strengthens its position in the craft beer industry. Atwater Brewery, known for its rich history and loyal following in Michigan, joins Tilray's diverse beverage portfolio, which includes notable craft beer, spirits, and non-alcohol brands.
CEO Irwin D. Simon expressed enthusiasm about leveraging Tilray's resources to drive growth and expand distribution for Atwater's brews. This acquisition aligns with Tilray's strategy to diversify its product offerings and enhance its market presence in the beverage sector.
Breckenridge Brewery, a Tilray Brands (NASDAQ: TLRY, TSX: TLRY) subsidiary, is sponsoring the 28th annual Breckenridge 'Go Breck' Oktoberfest from September 13-15, 2024, in downtown Breckenridge, Colorado. The event will feature:
- Contests, food specials, and live music
- Exclusive collectible steins
- A special Oktoberfest brew - a German Amber Lager
Beer pouring starts at 2:00 pm MT on Friday and 11:00 am MT on Saturday and Sunday. Prinz Pinakatt, CMO of Tilray Beverages, expressed pride in supporting this iconic Colorado event and sharing their craft beers with festival-goers.
Tilray Medical, a division of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), has announced the results of a scientific study on the effectiveness of cannabinoids in treating fibromyalgia (FM). The TOMAS study examined the impact of Tilray Dried Flower THC18 on chronic pain and other FM-associated symptoms in patients with an average age of 52 years.
Key findings include:
- Improvements in pain scores, sleep quality, and overall quality of life
- Reduction in co-medication use
- Potential for cannabinoids as an effective and cost-efficient treatment option
The study provides valuable insights for the medical community on using cannabinoids to manage chronic pain and improve the quality of life for FM patients. Tilray Medical continues to support global medical trials studying the efficacy of medical cannabis for various indications.
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has completed the acquisition of craft breweries Hop Valley Brewing Company, Terrapin Beer Co., and Revolver Brewing from Molson Coors Beverage Company (NYSE: TAP). This strategic move strengthens Tilray's position as the 5th largest craft brewer in the U.S. and expands its presence in key markets, including Texas, the second-largest beer consumption state.
The acquisition adds 30% new beer buying accounts to Tilray's portfolio and is expected to drive revenue, generate cost synergies, and expand distribution. Tilray's beverage portfolio now includes leading craft beer, spirits, and non-alcohol brands, as well as Canada's top recreational cannabis and THC beverage brands.
Breckenridge Brewery, a Tilray Brands (NASDAQ: TLRY) subsidiary, announces its upcoming On Tap concert series featuring Kaleo, Hippo Campus, and Cassandra Lewis. The event, scheduled for October 12, 2024, will take place at Breckenridge Brewery's farmhouse in Littleton, Colorado. Organized in partnership with 97.3 KBCO, the concert will support Project C.U.R.E., a Colorado-based organization providing medical supplies globally. Ryan Workman, Brand Director at Breckenridge Brewery, expressed excitement about the event's potential to combine great music with charitable impact. Gates open at 12:30 p.m., with the show starting at 1:30 p.m. Tickets are available for purchase online.
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