TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Redecan Cannabis, a leading brand under Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, is thrilled to announce the expansion of its popular 'Wrapped & Redee’ Redees Hemp’d line with two exclusive, limited edition high potency genetics just in time for the holiday season. Introducing Legendary Kush (Sativa) and Orange Cream Fuel (Indica), available in festive 20 x 0.4g packs, with ten of each unique gen ...

TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), a leading lifestyle and consumer packaged goods company, today announced a new Holiday campaign spotlighting a series of cannabis-infused beverages from two of its renowned beverage brands, XMG and Mollo. This holiday season, XMG and Mollo invite consumers to explore a new tradition with their unique cannabinoid combinations and premium formulations from sodas, non-alcoholic brews, and seltzers to elevate th ...

The latest trading session saw Tilray Brands, Inc. (TLRY) ending at $1.28, denoting a -1.54% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.31%.Heading into today, shares of the company had lost 26.55% over the past month, lagging the Consumer Staples sector's gain of 0.93% and the S&P 500's gain of 5.79% in that time.Analysts and investors ali ...

One of the starkest examples of the marijuana industry's struggles is the trajectory of one of its flagship stocks, Tilray (TLRY -2.98%).In November 2018, Canada was mere weeks into its first phase of legalization. Investors piled into the nation's pot companies, perhaps envisioning a domino effect in which other countries would sanction the drug, one after another. That still hasn't happened to any great degree. Meanwhile, the domestic market has a set of problems to contend with. To be blunt, an investmen ...

The outcome of elections can shape policies and decisions for years to come, and it's no exception in the U.S. Following Donald Trump's election as the 47th president of the United States and Republicans gaining control of the Senate and the House of Representatives, some companies and industries could potentially benefit from the change in administration at the national level. Others, not so much. One industry that potentially stands to lose is the cannabis market. And as one of the leaders in this space, ...

Core Insights - Redhook Ale Brewery has launched a new partnership with the Montlake Futures NIL Collective to support University of Washington student-athletes through the introduction of Montlake Gameday Gold Lager, the official beer of the collective [1][2][3] Company Overview - Redhook Ale Brewery, founded in 1981, is known for its innovative craft beers and community spirit, originating from a small operation in Seattle [6][7] - The brewery is a subsidiary of Tilray Brands, Inc., which operates globally in the lifestyle and consumer packaged goods sector, focusing on cannabis, beverages, wellness, and entertainment [9] Product Launch - Montlake Gameday Gold Lager is a light lager with a 5% ABV, designed for game days and tailgates, featuring vibrant purple and gold packaging to resonate with UW Athletics fans [3][4] - The lager debuted at Husky Stadium and is available at Redhook Brewlab and local grocery stores, aiming to enhance the game day experience for fans [2][3] Strategic Partnership - The collaboration between Redhook and Montlake Futures aims to empower student-athletes and strengthen UW Athletics, while also providing a new product for fans [2][3] - This partnership is positioned as a community-focused initiative that supports the Name, Image, and Likeness (NIL) activities of student-athletes [3][8]

Shares of Tilray Brands Inc. (TLRY) hit a new 52-week low of $1.3 yesterday before rising a notch higher to close at $1.32, reflecting a 56% discount from its 52-week high of $2.97. The lifestyle consumer products company currently trades below the 50-day and 200-day simple moving averages.TLRY Trades Below 50 & 200-Day Moving Averages Image Source: Zacks Investment Research In the past year, TLRY has seen its shares decline as much as 27.3% against the broader industry’s rise of 6.1% and the Zacks Consumer ...

BEND, Ore., Nov. 13, 2024 (GLOBE NEWSWIRE) -- 10 Barrel Brewing Co. (“10 Barrel Brewing” or “10 Barrel”), a pioneering craft brewery and subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), is excited to announce the 13th Annual Pray for Snow Party, a free, all-ages event celebrating the festivities of the winter season, community, and of course, great beer. The event will take place in the evening from 5-10p.m. on Saturday, November 16, 2024, in Bend, Oregon, and promises an evening of excitemen ...

Growth Strategies and Profitability - Tilray's Q1 FY25 revenue reached a record $200 million, up 13% YoY, with gross profit increasing by 35% [2] - The company focuses on profitable sales growth over market share expansion, emphasizing premium branding, genetics, and innovation [2] - Tilray maintains a strong balance sheet with $250 million in cash and a debt-to-equity ratio of 1.75 [2] - The diversified portfolio, including cannabis, hemp food, beverages, and pharmaceutical distribution, is profitable [2] U.S. Market Entry and Beverage Expansion - Tilray is entering the U.S. market with hemp-derived Delta-9 THC drinks, targeting 17 to 19 states with brands like Happy Flower, 420 Fizz, and Fizzy Jane [3] - The company sees a billion-dollar opportunity in THC-infused beverages, driven by younger consumers shifting away from alcohol [3] - Tilray leverages its existing distribution network, including 700 beer distributors, 10 manufacturing facilities, and over 17,000 accounts [3] - The company is cautious about direct U.S. cannabis market entry, waiting for clearer regulatory frameworks [4] Craft Beer Strategy and Market Focus - Tilray's craft beer portfolio, including SweetWater and Montauk, sells 15 million cases annually across 19 brands [3] - The company is shifting its strategy to focus on core markets, such as Georgia and New York, rather than spreading thinly across multiple states [3] Lifestyle Brands and U.S. Rescheduling - Tilray's success is not dependent on U.S. cannabis rescheduling, as it already has a significant consumer products business in the U.S. [5] - The company positions itself as a lifestyle brand, with a portfolio including non-alcoholic beverages, hemp food, and beer [5] - Tilray plans to continue acquisitions and growth regardless of cannabis reform [5] International Market Challenges and Opportunities - Tilray faces challenges in international markets, such as lost distribution in Israel, but sees growth potential in Germany and other countries with liberalizing medical cannabis regulations [5] - The company holds a 45% market share in Canada's cannabis drinks segment, providing a foundation for international expansion [5] Future Growth: Innovation and Diversification - Tilray's future growth relies on innovation and leveraging its diversified business model, including non-alcoholic and energy drinks like Liquid Love [6] - The company emphasizes the importance of distribution synergies, particularly through beer distributors [6] - Tilray remains confident in its long-term prospects, focusing on strategic growth and profitability [6]

LITTLETON, Colo., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Breckenridge Brewery, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announced today the release of its seasonal Funslinger Lager, a crisp and easy-drinking beer that’s the perfect companion to kick off winter’s adventures. The Funslinger 12pk and draft is available exclusively in Colorado; Funslinger is also part of Breckenridge Brewery’s variety 15pk available at select retailers across the U.S. Funslinger Lager celebrates local art t ...