Tilray(TLRY)

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Blue Point Brewing Announces 5th Annual Shakedown on Main Street Festival
Newsfilter· 2025-02-11 13:00
Core Points - Blue Point Brewing Company, a subsidiary of Tilray Brands, Inc., is hosting its 5th annual Shakedown on Main Street arts and music festival on May 17, 2025, in Patchogue, New York [1][2] - The festival will feature live performances from various artists, including Ripe, Badfish, Dogs in a Pile, and Ernie & the Band, showcasing a mix of surf rock and jam band music [1][2] - The event aims to create a vibrant community experience with music, local food trucks, interactive art exhibits, and skateboarding demonstrations [2] Company Overview - Blue Point Brewing Company was founded in 1998 and is recognized as Long Island's original craft brewery, now one of the largest breweries in New York [6] - The brewery has a diverse portfolio of beer brands, with its flagship Toasted Lager winning multiple awards, including a gold medal at the World Beer Cup [6] - Tilray Brands, Inc. operates globally in the lifestyle and consumer packaged goods sector, focusing on cannabis, beverages, wellness, and entertainment [8] Festival Details - General admission and VIP tickets are currently available, with early-bird pricing for both options [3][11] - The festival will run from 1:00 PM to 10:00 PM EST, and attendees must be 21 years or older [11] - Ticket prices include General Admission at $42 for early-bird and $60 for standard, VIP tickets at $70 for early-bird and $125 for standard, and Ultra VIP tickets at $150 for early-bird and $200 for standard [11] Community Engagement - The festival includes a Battle of the Bands event to support emerging local musicians, with the winner earning the opportunity to perform at the festival [2] - Carrie Shafir, Senior Brand Director at Tilray Beverages, emphasized the festival's growth and its role in connecting with the local community [2]
Tilray Expands Medical Cannabis Portfolio in Germany
Newsfilter· 2025-02-11 12:00
NEUMÜNSTER, Germany, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Tilray Medical ("Tilray"), a division of Tilray Brands, Inc. (NASDAQ:TLRY, TSX:TLRY), and a global leader in medical cannabis, empowering the therapeutic alliance between patients and healthcare practitioners to make informed individualized health decisions, is pleased to announce the expansion of its industry-leading medical cannabis extract portfolio in Germany. Tilray's new medical cannabis offerings in Germany includes the introduction of an additio ...
Tilray Brands Enhances Global Cannabis Supply Chain
Newsfilter· 2025-02-10 12:00
Core Insights - Tilray Brands, Inc. has completed Phase I of its accelerated growth plan for its cannabis supply chain, which began with increased planting in late 2024 [1][2] - The company is set to plant its outdoor cultivation site in Cayuga in spring 2025 as part of Phase II of the growth plan [1] - Tilray's Canadian production facilities, Aphria One and Aphria Diamond, are fully planted and ready to meet the growing demand from both Canadian and international markets [1][2] Production Capacity - The new sites are projected to produce an additional 60 metric tonnes of cannabis annually, raising Tilray's total Canadian cannabis cultivation capacity to 210 metric tonnes per year [2] - The first sales from Phase I harvests are expected in the latter half of the fourth quarter, with Phase II harvests beginning in October 2025 [2] Global Operations - Tilray operates eight advanced cannabis cultivation and manufacturing facilities across Canada and Europe, including Aphria One and Aphria Diamond in Ontario, and facilities in British Columbia and Quebec [3] - The company's global cannabis cultivation capacity currently stands at approximately 247 metric tonnes, with potential for further expansion as demand increases [3] Market Positioning - As global demand for cannabis rises, Tilray is strategically positioned to succeed with its extensive cultivation capacity aimed at providing a reliable supply of premium cannabis products to over 20 legal cannabis markets worldwide [4] - The company's commitment to quality is demonstrated through its GMP certifications, quality control processes, and sustainable cultivation practices [4] Company Overview - Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with operations in multiple regions, including Canada, the United States, Europe, Australia, and Latin America [5] - The company supports over 40 brands in more than 20 countries, offering a range of products including cannabis, hemp-based foods, and craft beverages [5]
Why Tilray Stock Is Soaring Higher Today
The Motley Fool· 2025-02-05 20:33
Shares of Tilray Brands (TLRY 5.75%) were flying higher on Wednesday. The company's stock gained 7.5% as of 2:25 p.m. ET but gained as much as 20% earlier in the day. The leg up comes as the S&P 500 gained 0.2% and the Nasdaq composite lost 0.1%.Tilray stock received a boost from the release of fellow cannabis company Aurora Cannabis' positive earnings. This comes on the heels of the cooling of trade tensions with Canada.The numbersThe cannabis business at large has struggled for years now as the market was ...
Montauk Brewing Partners with JetBlue
Globenewswire· 2025-02-05 12:00
Core Insights - JetBlue has partnered with Montauk Brewing Company to serve its Surf Beer Golden Ale on all domestic and international flights, marking the first airline to offer this craft beer [1][2][3] - The Surf Beer is described as a light and refreshing brew, embodying Montauk's coastal lifestyle and ethos of pursuing one's passions [2][3] - Montauk Brewing, founded in 2012, emphasizes community and adventure, inviting customers to experience their craft beers at their Brew Barn located in downtown Montauk [4] Company Overview - Montauk Brewing Company is known for its exceptional craft beers and has a loyal following among beer lovers and beachgoers [3][4] - The company promotes a motto of "Come as You Are," focusing on the simple pleasures in life and the spirit of adventure [4] - Tilray Brands, Inc., the parent company of Montauk Brewing, operates globally in the lifestyle and consumer packaged goods sector, with a mission to inspire joy through its diverse range of brands and products [6]
Sweetwater Brewing Launches Dive Beer: A Perfect No Frills, Satisfying, Crisp Lager
Newsfilter· 2025-02-04 12:00
ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- SweetWater Brewing Company ("SweetWater Brewing" or "SweetWater"), the largest craft brewer in the Southeast and a Tilray Brands, Inc. company (NASDAQ:TLRY, TSX:TLRY) proudly introduces Dive Beer—a crisp, no-frills lager that channels the laid-back spirit of dive bars everywhere. Dive Beer offers a fresh take on what it means to enjoy a simple, satisfying brew. Crafted for beer enthusiasts who value simplicity and affordability, Dive Beer sets a new standard for th ...
Get Ready for the Ultimate Game Day with Tilray Brands: Nationwide Brewery Events!
Newsfilter· 2025-01-27 12:00
Company Activities - Tilray Brands announces nationwide game day events at its craft breweries, featuring premium craft brews and curated wing offerings for fans on February 9th, 2025 [1] - Participating breweries include SweetWater Brewing Co, Montauk Brewing Co, Breckenridge Brewery, Blue Point Brewing Co, 10 Barrel Brewing Co, Hop Valley Brewing Co, Redhook Brewing Co, Terrapin Beer Co, and Atwater Brewery [1] - SweetWater Brewing Co hosts watch parties at its Atlanta Taproom with exclusive food and beverage deals, quarterly giveaways, and half-time raffles [2] - Montauk Brewing Co partners with Fierro's Pizza in Montauk, NY, offering a combination of Montauk's brews and Fierro's specialty pizzas [3] - Breckenridge Brewery organizes game day events at three locations in Colorado, featuring Happy Hour specials, game day slushies, and giveaways [4][5] - Blue Point Brewing Co hosts a BIG GAME House Party raffle with extended hours, drink and food specials, and a football toss competition [6] - 10 Barrel Brewing Co offers happy hour specials, engaging competitions, and limited-edition merchandise at its brewpubs in West Bend, East Bend, Portland, and Boise [7] - Hop Valley Brewing Co provides a 6-pint Beer Tower, Pretzel and Pint Duo Deal, and Game Day Quarterly Drawing at its Eugene and Springfield locations [8] - Redhook Brewing Co offers exclusive Brewlab food offerings, craft pizzas, and burgers at its Ballard brewpub, along with Ultimate Group To-Go Game Day Packs [9] - Terrapin Beer Co promotes its Terrapin-to-go lineup, including High & Hazy IPA, IPA Survival Kit, and Hopsecutioner IPA for game day celebrations [10] - Atwater Brewery offers Atwater BIG GAME Survival Kit with wing and sandwich packs for home celebrations [11] Company Overview - Tilray Brands is a global lifestyle and consumer packaged goods company operating in Canada, the US, Europe, Australia, and Latin America [13] - The company focuses on cannabis, beverage, wellness, and entertainment sectors, aiming to create memorable experiences through its house of brands [13] - Tilray supports over 40 brands in more than 20 countries, including cannabis offerings, hemp-based foods, and craft beverages [13] Additional Information - For more details on game day activities and product availability, visit the brand websites [12] - Tilray's mission is to be a leading premium lifestyle company with innovative products that inspire joy and connection [13]
Where Will Tilray Brands Be in 5 Years?
The Motley Fool· 2025-01-26 11:30
During the past five years, the reality of the cannabis industry has not lived up to the hype that accompanied Canada's historic legalization of pot for recreational use in 2018. Cannabis stocks have largely generated abysmal returns during much of that time. Tilray Brands (TLRY 1.79%), a leader in the sector, is no exception. However, the company has made significant changes to its business recently and continues to plan for the future in case cannabis legalization progresses. With that in mind, could Tilr ...
Terrapin Beer Co. Celebrates 20 Years of Iconic Wake-n-Bake Beer with Exciting Wake-n-Bake Off Event in Athens, GA
Globenewswire· 2025-01-23 12:00
Core Insights - Terrapin Beer Co. is celebrating the 20th anniversary of its Wake-n-Bake Coffee Oatmeal Imperial Stout and hosting the annual Wake-n-Bake Off event on January 26, 2025 [1][2] Company Overview - Terrapin Beer Co. was founded in April 2002, launching its first brew, Rye Pale Ale, in Athens, GA, and quickly gained recognition by winning a Gold Medal at the Great American Beer Festival within six months [7][8] - The company has evolved from a 25-barrel brewhouse to a well-loved brand with a dedicated community of employees, distributors, retailers, and customers [8] Product Details - Wake-n-Bake Imperial Stout is characterized by a blend of Nugget hops and various malts, including 2-Row, Crystal 85, Flaked Barley, Flaked Oats, Chocolate, Black, and Roasted Barley, along with Jittery Joe's Coffee for a rich coffee flavor [3] - The stout is available in 6-packs of 12oz cans and on draft, appealing to those who enjoy a hearty stout with a smooth coffee finish [3] Event Highlights - The Wake-n-Bake Off event will feature local restaurants competing to create the best dish using Terrapin's Wake-n-Bake Beer, promoting culinary innovation and community engagement [2] - The event will take place at the Terrapin taproom in Athens, GA, starting at 4 PM EST, and will include live music, food offerings from local favorites, and exclusive merchandise [5][6] Sustainability Initiatives - Terrapin Beer Co. has implemented a sustainability initiative called Terraprint, focusing on reducing environmental impact through waste minimization, water conservation, and recycling [9]
Tilray Brands Has Diversified Its Business Through Alcohol, but Is the Stock a Better Buy Than It Was 5 Years Ago?
The Motley Fool· 2025-01-22 10:45
Company Performance - Tilray Brands' valuation has plummeted by 94% over the past five years, making it one of the worst-performing cannabis stocks [1] - The company reported an operating loss of $42.2 million for the fiscal period ended Nov. 30, worse than the $41.8 million loss a year ago, despite a 9% increase in revenue [4] - Operating cash flow for the past six months was a negative $76 million, accelerating from the $46.3 million cash burn during the same period a year earlier [4] Diversification Strategy - Tilray has been diversifying by acquiring alcohol brands to expand its presence in the U.S. market, as national marijuana legalization remains uncertain [2] - The company has acquired over 20 alcohol brands, but this has led to a bloated portfolio, with some slow-growing SKUs being removed [5] - The focus on growth through acquisitions may not be leading to a stronger bottom line, as the company appears to prioritize growth over profitability [5] Market and Regulatory Environment - Optimism around marijuana legalization has waned, particularly with the new Republican government, which typically takes a harder stance on drugs [6][7] - The AdvisorShares Pure US Cannabis ETF has declined by 50% in the past three months, reflecting poor investor sentiment [7] - Without significant progress in U.S. marijuana legalization, Tilray's future prospects remain uncertain [8] Investment Outlook - Tilray remains a highly risky stock, with no guarantee of survival over the next five years if it continues to burn cash and incur heavy losses [9][10] - The stock is likely to appeal only to speculative investors with a high risk tolerance, as there are better growth stock options available for most investors [10]