Tilray Launches a Curated Selection of Canadian Cannabis Beverages, Vapes, and Pre-Rolls to Enrich Your Summer Activities TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company at the forefront of the beverage, cannabis and wellness industries, announces its 2025 summer cannabis collection offered by its wholly-owned licensed cannabis producers, Aphria Inc. and High Park Holdings Ltd. This curated roundup features bold ...

Company Performance - Tilray Brands, Inc. (TLRY) closed at $0.38, reflecting a -9.07% change from the previous day's closing price, which is less than the S&P 500's daily loss of 0.84% [1] - Over the past month, Tilray's shares have decreased by 14.65%, underperforming the S&P 500's gain of 1.44% [1] Upcoming Earnings - The company is expected to report an EPS of -$0.03, indicating a 25% increase from the same quarter last year [2] - Revenue is forecasted to be $254.8 million, representing a 10.84% increase compared to the year-ago quarter [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict an EPS of -$1.01 and revenue of $850.75 million, reflecting changes of -206.06% and 0% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the company's near-term business trends [3] Zacks Rank and Industry Performance - The Zacks Rank system, which evaluates estimate changes, currently places Tilray Brands, Inc. at a rank of 3 (Hold) [5] - The Medical - Products industry, part of the Medical sector, has a Zacks Industry Rank of 151, positioning it in the bottom 39% of over 250 industries [6]

Core Viewpoint - Tilray Brands, Inc. announced the approval of a reverse stock split at a ratio of 1-to-10 to 1-to-20, but has paused its implementation to evaluate timing and stock price [1][2]. Financial Structure - In the fiscal quarter ended February 28, 2025, Tilray reduced its total debt by approximately $76 million, resulting in a net debt to trailing twelve-months Adjusted EBITDA of less than 1.0x [3]. - As of the last fiscal quarter, Tilray's cash and marketable securities balance was approximately $250 million, providing financial strength and flexibility for strategic opportunities and acquisitions [3]. Strategic Objectives of Reverse Stock Split - The reverse stock split aims to ensure compliance with Nasdaq listing requirements, align the number of shares with similar companies, attract institutional shareholders, and potentially save up to $1 million annually in costs associated with stockholder meetings [7].

Core Insights - Manitoba Harvest, a leader in hemp foods and a wellness business under Tilray Brands, has expanded its Hemp+ portfolio with three new herbal-infused smoothie boosters aimed at enhancing nutrition, energy, mood, and immune support [3][4][5] Product Details - The new products include: - **Hemp+ Mood**: Contains organic hemp, ashwagandha, and lemon balm, providing 7g of protein and 3g of fiber per serving, designed to support mood balance [5][6] - **Hemp+ Energy**: Features organic hemp, guarana, and caffeine, offering 8g of protein and 3g of fiber per serving along with six essential vitamins and minerals for energy support [5][6] - **Hemp+ Immunity**: Combines hemp with elderberry, beet powder, and acerola cherry, providing protein, fiber, and antioxidants to support immune health [6] Market Availability - The new Hemp+ blends are exclusively available at select Whole Foods Market stores nationwide and on the Manitoba Harvest website [7] Company Background - Manitoba Harvest is recognized as a pioneer in hemp-based foods and is a Certified B Corporation, committed to quality, sustainability, and consumer wellness since 1998 [8][9]

Industry Overview - The cannabis sector has shifted from a short-term investment focus to a promising long-term investment opportunity, driven by the success of the legal market [1][2] - Despite the volatility and uncertainty in the market, the growth of the legal cannabis industry provides optimism for future investments [2][3] Key Companies to Watch - **Tilray Brands, Inc.** engages in the research, cultivation, processing, and distribution of medical cannabis products across multiple regions including Canada, the U.S., and Europe [4][6] - **SNDL Inc.** focuses on the production, distribution, and sale of cannabis products for the adult-use market, operating through various segments including Cannabis Retail and Investments [8][10] - **Cronos Group Inc.** is involved in the cultivation, production, distribution, and marketing of cannabis products internationally, with a focus on cannabinoid products [12][13] Financial Performance - **Tilray Brands, Inc.** reported a net revenue of $204.9 million for Q1 2025, reflecting a growth rate of +3.6% and a gross profit of $56.6 million, marking a growth of +12.4% with a gross margin of 27.6% [10][12] - The operating loss for Tilray in Q1 2025 was $(12.1) million, indicating challenges despite revenue growth [12]

Core Insights - Tilray Brands, Inc. is launching a new lineup of craft beers for the summer season, featuring offerings from various renowned breweries [1][21] - The craft beers are designed to enhance summer experiences, catering to activities like beach lounging and backyard BBQs [1] Product Highlights - Montauk Brewing's Summer Ale is characterized by light caramel malt and wheat, providing a refreshing finish [2] - SweetWater Brewing Co.'s Dive Beer is a low-alcohol lager (4.0% ABV) aimed at casual summer enjoyment [4] - Shock Top's Lemonade Shandy combines lemonade flavors with a wheat ale base for a refreshing summer drink [6] - Blue Point Brewing's Paloma Sour features grapefruit and lime, with a 7.4% ABV, suitable for summer festivities [8] - Breckenridge Brewery's Summer Cerveza offers a balance of sea salt and lime at 5% ABV, ideal for outdoor gatherings [10] - Atwater Brewery's Fruit Guru is a fruit punch-inspired beer, noted for its refreshing qualities [12] - Runner's High Non-Alcoholic Raspberry Wheat is crafted with natural raspberry flavor and aromatic terpenes [14] - Terrapin Beer Co.'s Sunray Wheat is produced using solar energy, reflecting the company's commitment to sustainability [16] - Widmer Brother Brewing's Wildberry Hefe combines berries with wheat beer for a unique summer flavor experience [18] Company Overview - Tilray Brands operates globally, focusing on lifestyle and consumer packaged goods, with a strong presence in the beverage and cannabis sectors [21] - The company aims to inspire joy and create memorable experiences through its diverse range of brands and products [21]

Group 1 - SweetWater Brewing Company has launched a limited-edition beer called Pink Flamboyance Lager, celebrating its 18-year partnership with Zoo Atlanta [1][4] - The beer is inspired by the flamingos at Zoo Atlanta, featuring smooth floral notes and a refreshing finish, and is designed for warm-weather enjoyment [3][4] - Pink Flamboyance Lager will be available exclusively at Zoo Atlanta and the SweetWater Taproom, emphasizing the collaboration between the two brands [4] Group 2 - SweetWater Brewing is recognized as the largest craft brewer in the Southeast, known for its diverse range of beers, including the original 420 Extra Pale Ale [5] - The company is committed to conservation and community support, focusing on clean waterways and habitat conservation initiatives [5] - Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company that operates in multiple regions, including North America and Europe, and is involved in various sectors such as cannabis and craft beverages [7]

Group 1 - Tilray Brands, Inc. will participate in the TD Cowen 9th Annual Future of the Consumer Conference on June 3, 2025, in New York, with a fireside chat scheduled for 11:00 a.m. ET [1] - The company is recognized as a global leader in the lifestyle and consumer packaged goods sector, focusing on cannabis, beverage, wellness, and entertainment industries [3] - Tilray operates in multiple regions including Canada, the United States, Europe, Australia, and Latin America, supporting over 40 brands in more than 20 countries [3]

Core Viewpoint - Revolver Brewing has launched a new Texas-style lager named 'Y'all's Beer' with a 4.0% ABV, aimed at providing a refreshing drinking experience for summer gatherings [1][2]. Company Overview - Revolver Brewing is a craft beer pioneer based in Granbury, Texas, known for its bold and uniquely Texan beers [1][5]. - The company emphasizes innovation while staying true to Texas traditions, offering a lineup of high-quality brews [5]. Product Details - 'Y'all's Beer' is described as cold, crisp, and easy to drink, crafted with premium ingredients to celebrate American lager traditions [2][3]. - The beer is available in 12-packs of 12 oz. cans across Texas and Oklahoma, with draft options coming this summer [4]. Brand Messaging - The Senior Brand Manager, Kayt Smith, stated that 'Y'all's Beer' is designed to honor meaningful moments and is made for anyone who enjoys good beer and company [3]. Parent Company Information - Tilray Brands, Inc. is the parent company of Revolver Brewing, operating globally in the lifestyle and consumer packaged goods sector, with a focus on cannabis, beverages, wellness, and entertainment [6]. - Tilray aims to inspire joy and create memorable experiences through its diverse portfolio of over 40 brands across more than 20 countries [6].

Core Insights - Tilray Medical has launched its cannabis brand Good Supply in Germany, aiming to provide affordable and reliable medical cannabis options for patients [1][2][3] - The introduction of Good Supply reflects Tilray's commitment to enhancing patient care and empowering healthcare professionals with innovative medical cannabis solutions [2][3] - Good Supply offers a variety of cannabis strains, available in both 15g and 500g, catering to the diverse needs of patients [2][7] Company Overview - Tilray Medical is a leading player in the global medical cannabis industry, with operations in Canada, Portugal, and Germany, and is recognized for its commitment to quality and innovation [3][4] - The company has established itself as a trusted supplier of medical cannabis, with a portfolio that includes multiple brands designed to meet patient needs worldwide [4][6] - Tilray Brands, Inc. operates as a global lifestyle and consumer packaged goods company, focusing on cannabis, wellness, and entertainment, with a mission to inspire joy and create memorable experiences [6]