Core Viewpoint - Atwater Brewing, a craft brewery in Detroit and part of Tilray Brands, has launched Atwater Light, a low-calorie and low-carb beer aimed at beer enthusiasts in Michigan [1][2]. Product Details - Atwater Light contains 95 calories, 2.6 grams of carbs per 12 oz serving, and has an alcohol by volume (ABV) of 4.2% [2]. - The beer is crafted with German Noble hops and Vienna malt, providing a traditional flavor and refreshing experience [2]. - It is available in multiple formats including 12-pack of 12-ounce cans, draft, and soon in 16-ounce cans [4]. Brand and Community Engagement - The design of Atwater Light's packaging features a map of Detroit, reflecting hometown pride and the brewery's connection to the local community [3]. - Carrie Shafir, Senior Brand Director at Tilray Beverages, emphasized the brewery's commitment to honoring Detroit's spirit and providing quality beer for the hardworking people of the city [3]. Company Background - Atwater Brewery was founded in 1997 and has a philosophy that emphasizes quality beer for hard work, with a diverse portfolio of award-winning craft beers [5]. - The brewery aims to make beer approachable for all drinkers, offering a variety of options for different tastes and occasions [5]. Parent Company Overview - Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company with operations across multiple continents, focusing on cannabis, beverages, wellness, and entertainment [7]. - Tilray's mission is to be a leading premium lifestyle company with a diverse range of brands and innovative products [7].

Group 1: Company Overview - Tilray Brands went public in 2018 and has since faced significant challenges, with the stock losing nearly all its value despite the U.S. cannabis market exceeding $38 billion last year [1][2] - The company has evolved into a global cannabis business, initially focusing on medical cannabis and later expanding into recreational cannabis, hemp foods, and beverages [4][5] - Tilray currently sells over 40 brands of cannabis products and generated $829 million in sales last year, with projected revenue growth to $893 million this year and $943 million next year [5][6] Group 2: Financial Performance - While sales are not a concern, Tilray has struggled with profitability, reporting a free cash flow of minus $92 million and net losses nearing $250 million last year [7][8] - The U.S. cannabis market is expected to grow over 11% annually through 2030, presenting opportunities for Tilray's diverse product portfolio [6] Group 3: Challenges and Risks - The company has faced operational challenges due to varying legal statuses of cannabis across states in the U.S., leading to pricing pressures and competition from the black market [8] - Tilray's rapid expansion has resulted in a 348% increase in diluted share count since 2018, which negatively impacts revenue and profit distribution among shareholders [9][10] - Despite potential future growth, the stock is unlikely to yield significant returns for investors due to ongoing losses and share dilution [11]

Core Insights - Tilray Brands, Inc. has transitioned the cultivation of its flagship cannabis strain, Good Supply Jean Guy, to its new facility in Masson-Angers, Québec, enhancing its production capabilities in the region [1][2] - The Masson-Angers facility employs over 100 local residents and produces more than 12 tonnes of cannabis annually, with potential for further expansion [3] - Tilray is committed to the Québec community, as evidenced by the unveiling of new packaging and an updated logo for the Jean Guy strain, effective April 8th [2] Company Overview - Tilray is a global lifestyle and consumer packaged goods company operating in the beverage, cannabis, and wellness industries, with a presence in Canada, the United States, Europe, Australia, and Latin America [7] - The company supports over 40 brands across more than 20 countries, offering a diverse range of products including cannabis, hemp-based foods, and craft beverages [7] Product Information - Good Supply is recognized as one of Canada's leading cannabis brands, known for its high-quality flower, pre-rolls, vapes, and concentrates [5] - In addition to Jean Guy, the Masson-Angers facility cultivates other strains under the Good Supply brand, including Grand Daddy Purps, Sweet Berry Kush, and Pineapple Express [4]

Group 1 - Tilray Brands, Inc. closed at $0.66, reflecting a -0.78% change from the previous day, underperforming the S&P 500's gain of 0.55% [1] - Over the past month, Tilray's shares have decreased by 9.84%, contrasting with the Consumer Staples sector's gain of 0.24% and the S&P 500's loss of 6.22% [1] Group 2 - The upcoming earnings release for Tilray Brands, Inc. is scheduled for April 8, 2025, with a consensus revenue estimate of $211.7 million, indicating a 12.4% increase from the same quarter last year [2] - For the entire fiscal year, Zacks Consensus Estimates predict earnings of -$0.19 per share and revenue of $904.53 million, reflecting changes of +42.42% and +14.65% respectively from the previous year [3] Group 3 - Recent adjustments to analyst estimates for Tilray Brands, Inc. are important as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have delivered an average annual return of +25% since 1988, with Tilray currently holding a Zacks Rank of 3 (Hold) [6] Group 4 - The Consumer Products - Staples industry, part of the Consumer Staples sector, currently holds a Zacks Industry Rank of 160, placing it in the bottom 37% of all industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - Tilray Brands experienced a 9% increase in stock price following the dismissal of a lawsuit against the company in a Massachusetts court, contrasting with a 0.3% decline in the S&P 500 index on the same day [1][2]. Legal Developments - The lawsuit was filed by Clement Italume, who accused Tilray and its acquired company Hexo of failing to adequately disclose information to shareholders regarding Hexo's actions and the acquisition itself [3]. - The Superior Court in Suffolk County ruled in favor of Tilray and Hexo, granting a summary judgment motion, although it remains uncertain if the plaintiff will appeal [4]. Industry Context - Despite the legal victory, the cannabis industry continues to face significant challenges, including competition from black and gray markets, oversupply issues, and limited growth opportunities [5].

NEW YORK and LEAMINGTON, Ontario, March 27, 2025 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (NASDAQ:TLRY, TSX:TLRY), a global lifestyle and consumer packaged goods company at the forefront of beverage, cannabis and wellness industries, today announced that the Company will release financial results for its third quarter fiscal 2025 ended February 28, 2025 before financial markets open on April 8, 2025. Live Conference Call and Audio Webcast Tilray will hold a live conference call, w ...

NEW YORK and LEAMINGTON, Ontario, March 26, 2025 (GLOBE NEWSWIRE) -- Tilray Brands Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), and its subsidiary HEXO Corporation (“HEXO”), announced the successful dismissal of the Clement Italume vs. Robinhood Markets Inc., Robinhood Financial LLC, HEXO and Tilray lawsuit as against them. Specifically, the Massachusetts Superior Court, Suffolk County, granted Tilray’s and HEXO’s summary judgment motion in full, dismissing Clement Italume’s (“Plaintiff”) claims. The Court pr ...

Tilray Expands Their Health-Focused Food and Beverage Portfolio with the Reintroduction of a Beloved Energy Drink, Hi*Ball Energy NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Tilray Wellness, the better-for-you food and beverage division of Tilray Brands, Inc. ("Tilray") (NASDAQ:TLRY, TSX:TLRY), is expanding their collaboration with Whole Foods Market this spring by re-introducing a beloved energy brand—Hi*Ball Energy—into US retail distribution. Made with zero calories and zero sugar, Hi*Ball supports sus ...

SweetWater Brewing x Georgia Aquarium Can SweetWater Brewing x Georgia Aquarium Can ATLANTA, March 20, 2025 (GLOBE NEWSWIRE) -- SweetWater Brewing Company ("SweetWater Brewing" or "SweetWater"), the largest craft brewer in Georgia and the Southeast and a Tilray Brands, Inc., company (NASDAQ: TLRY and TSX: TLRY), announces the third year of its partnership with Georgia Aquarium by releasing a limited-edition aquarium-themed version of SweetWater’s OG IPA. This collaboration highlights the shared commit ...

NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Manitoba Harvest, the global leader in hemp foods and a Tilray Brands, Inc. company ("Tilray") (NASDAQ:TLRY, TSX:TLRY), expands into functional snacking with new Superseed Snack Clusters, now exclusively available at select Whole Foods Market stores nationwide. Innovation Backed by Nutrition Crafted with premium seeds, including hemp hearts, pumpkin seeds, sunflower seeds, chia and flax, Manitoba Harvest's Superseed Snack Clusters strike a perfect balance of cru ...