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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.

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Tilray Brands, Inc. celebrates Earth Day with a sustainability update on its Good Supply cannabis brand, showcasing significant strides in environmental efforts through hemp-based packaging. Good Supply has prevented over 925,000kg of plastic waste from landfills and reforested 2500+ trees in partnership with PrintReleaf™. The brand is expanding its sustainable packaging for pre-rolls and vapes, introducing new infused products and variety packs. Good Supply's eco-conscious packaging is biodegradable and uses post-consumer recyclable content, aligning with their commitment to environmental sustainability.
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Tilray Brands, Inc. announces a series of 420-events, celebrations, and environmental initiatives across the U.S. with its craft beer brands. Events include SweetWater 420 Fest in Atlanta, Blue Point Brewing's Shakedown on Main Street in New York, Redhook's IPA Daze in Seattle, 10 Barrel Brewing and Tokyo Starfish's 4/20 West Bend Celebration in Oregon, Breckenridge Brewery's Project Green River Clean Up in Colorado, SweetWater FOCO 420 Fest in Fort Collins, and Montauk Brewing's Project 420 in New York.
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10 Barrel Brewing Co., a subsidiary of Tilray Brands, Inc., launches 'Juicy Drama' IPA as a new addition to its HopBurst Family. Crafted with Bravo and Simcoe hops, this Double IPA offers a citrus and pine hop profile with balanced bitterness. Featuring 9.6% ABV, Juicy Drama stands out with a fruit-forward character and Yuzu zest for an explosive aroma. Available in stores and online, it joins the HopBurst Variety Pack.
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Montauk Brewing Company, a subsidiary of Tilray Brands, Inc., launches Montauk N.A. IPA, a non-alcoholic brew catering to the high-growth non-alcohol category. The IPA is brewed with Citra, Mosaic, and Cryo hops, offering a fresh aroma of orange and pink grapefruit. With less than 0.5% ABV, it targets consumers seeking a flavorful IPA experience without alcohol. Available in select retailers in NY, NJ, CT, and RI, the brew aims to meet the increasing demand for full-flavor non-alcoholic beverages.
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Tilray Brands, Inc. reported a net revenue of $188 million, marking a 30% growth over the prior year quarter. The company saw significant increases in beverage-alcohol net revenue by 165%, global cannabis net revenue by 33%, and international cannabis growth by 44%. Tilray is the #1 market share holder in Canada and Germany. The company has a strategic U.S. cannabis plan in place, anticipating potential drug policy reform. Tilray reduced outstanding convertible debt, achieved $10.2 million in adjusted EBITDA, and has a strong financial liquidity position of ~$226 million.
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Tilray Brands, Inc. announces new product innovations in core recreational cannabis categories, partnering with Canadian retailers for 420 celebratory activations.
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Redhook Brewery, a subsidiary of Tilray Brands, Inc., unveils Big Juicy Ballard IPA, a high ABV tropical hop bomb with a sweet finish. The 9.5% ABV beer is the latest addition to the successful Big Ballard series, catering to the demand for innovative imperial offerings. Redhook's IPA Daze celebration will feature the debut of Big Juicy Ballard IPA at Brewlab's IPA Daze festival.
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Tilray Medical's study reveals chronic pain, arthritis, anxiety, and insomnia as primary illnesses and symptoms for medical cannabis use. 53.8% of patients reported a decrease in prescription opioid use. Tilray is a global leader in medical cannabis, focusing on empowering patients and healthcare practitioners.
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SweetWater Brewing Company, a subsidiary of Tilray Brands, Inc., introduces a new 420 variety pack expanding on its iconic 420 Extra Pale Ale. The pack includes three new versions of the classic beer - 420 Citrus Haze Hazy Pale Ale, 420 Mango Crush Pale Ale, and 420 Extra Chill Cold Pale Ale. These additions aim to cater to the growing popularity of hazy and fruit-flavored beers while maintaining SweetWater's high brewing standards. The new variety pack is now available nationwide, offering a range of easy-drinking styles suitable for various occasions.
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Breckenridge Brewery, a subsidiary of Tilray Brands, Inc., partners with the Denver Nuggets to launch a celebratory beer, the 'Championship Edition Mile High City Golden Ale'. The unique collaboration celebrates the Nuggets' recent championship triumph and continues a tradition of exciting beer releases. The packaging adorned with the Nuggets' classic rainbow logo reflects the vibrant spirit and history of the team. The -edition ale is an easy-drinking, light ale perfect for game day enjoyment, available in a 19.2 oz can at Ball Arena and soon in a 12 oz can 15-pack. The partnership signifies a toast to the team's success, the city, and the fans, capturing the essence of the team's legacy.
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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.

Tilray Brands, Inc.

Nasdaq:TLRY

TLRY Rankings

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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