Core Insights - Tilray Medical is expanding its medical cannabis extract portfolio in Germany, introducing new product sizes and formulations to meet patient and healthcare provider needs [1][3] - The new offerings include a high-potency 1:1 medical cannabis extract (Tilray THC50 CBD50, 25ml) and a trial size version of its top-selling extract (Tilray THC10 CBD10, 10ml) [1][2] - The company emphasizes its commitment to innovation and patient care, which has established it as a leading provider of medical cannabis extracts in Germany [3] Product Offerings - The new Tilray THC50 CBD50 (25ml) is designed for patients requiring higher cannabinoid content, maintaining a balanced THC:CBD ratio [1] - The Tilray THC10 CBD10 (10ml) is a smaller format aimed at facilitating initial dosing and treatment exploration for patients and physicians [2] Company Background - Tilray Medical is part of Tilray Brands, Inc., which operates globally and is dedicated to providing safe and reliable access to medical cannabis [4] - The company has established itself as a leading supplier of medical cannabis, with a portfolio that includes various brands and products tailored to patient needs [4]

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]

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 ...

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]

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 ...

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]

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 ...

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]

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]

Industry Overview - The marijuana industry is currently facing significant challenges, including heavy competition, high taxation, and inconsistent legalization in the U.S. [1] - Marijuana companies are among the worst performers on the stock exchange, indicating a tough market environment [1] Company Performance: Tilray Brands - Tilray Brands (TLRY) has struggled in 2024, reflecting the broader issues within the cannabis sector [2] - The company has focused on diversifying away from marijuana, particularly by expanding its beverage holdings, which now include a prominent craft beer portfolio in the U.S. [3] - Despite the diversification efforts, the craft beer market is not experiencing significant growth, raising questions about the long-term viability of this strategy [4] Financial Results - In the first quarter of 2025, Tilray reported a 13% year-over-year increase in net revenue, reaching $200 million, largely driven by a 132% increase in beverage sales, which contributed nearly $56 million [5] - However, the core cannabis business saw a decline of 13%, with revenues falling to approximately $61 million [5] - Tilray continues to face profitability challenges, reporting a GAAP net loss of nearly $35 million, although this was an improvement from a loss of slightly under $56 million in the same quarter the previous year [6] Future Prospects - The company is exploring growth opportunities, including efforts to enter the German market, but recent legalization measures in Germany have been lackluster [7] - Many publicly traded marijuana companies, including Tilray, are now viewed as penny stocks, which may deter potential investors [8]