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Blue Point Brewing Co. Introduces Long Island Light: A Premium Craft Lager
Globenewswire· 2025-03-04 12:00
Core Insights - Blue Point Brewing Company has launched Long Island Light, a premium light lager with only 90 calories, 3 grams of carbohydrates, and 4.0% ABV, catering to the growing consumer demand for low-calorie beers [1][2] Company Overview - Blue Point Brewing Company, founded in 1998 in Patchogue, New York, is recognized as Long Island's original craft brewery and has become one of the largest breweries in New York with a diverse portfolio of beer brands [3][4] - The flagship beer, Toasted Lager, has received multiple awards, including a gold medal at the World Beer Cup [4] Product Launch and Market Strategy - Long Island Light is positioned as a locally brewed alternative to mainstream light lagers, crafted with premium ingredients to ensure a balance of flavor and refreshment [2] - The new lager will be available year-round on draft and in 12-pack cans at various retailers, bars, and restaurants throughout Long Island [2] - Long Island Light will be featured at Blue Point Brewing's 5th Annual Shakedown on Main Street Festival on May 17, 2025, which will include live music and local vendors [2] Parent Company Information - Tilray Brands, Inc. is the parent company of Blue Point Brewing, operating in the beverage, cannabis, and wellness industries across multiple countries [5]
Tilray Brands Announces 420 Concert with Multi-Platinum Artist Don Toliver
Newsfilter· 2025-02-26 12:00
Core Points - Tilray Brands, Inc. is organizing a series of events across Canada to celebrate 420, featuring its recreational cannabis brands and a concert with Don Toliver on April 17, 2025 [1][6] - The 420 OG concert aims to immerse attendees in cannabis culture through music and interactive experiences, highlighting the community's growth and respect for cannabis [2] - Redecan will launch its new LEGIT LIVE RESIN vapes at the concert, made from 100% fresh frozen flower with a maximum THC of 1000mg [5] Event Details - The concert will take place on April 17, 2025, at Rebel in Toronto, with doors opening at 8:00 PM [4] - Early access tickets will be available for $42.00 for the first 100 buyers, with remaining tickets priced between $100 and $200 [3] Company Overview - Tilray Brands operates in the beverage, cannabis, and wellness industries, with a mission to be a leading premium lifestyle company offering innovative products [7] - The company supports over 40 brands in more than 20 countries, focusing on cannabis offerings, hemp-based foods, and craft beverages [7]
Tilray Brands, Inc. (TLRY) Declines More Than Market: Some Information for Investors
ZACKS· 2025-02-21 00:01
Company Performance - Tilray Brands, Inc. (TLRY) closed at $0.87, reflecting a -0.69% change from the previous day's closing price, which is less than the S&P 500's daily loss of 0.43% [1] - Over the past month, Tilray's shares have decreased by 22.68%, underperforming the Consumer Staples sector's loss of 0.05% and the S&P 500's gain of 2.6% [1] Earnings Estimates - The upcoming earnings report for Tilray is anticipated to show revenue of $214.6 million, representing a 13.94% increase from the same quarter last year [2] - For the entire fiscal year, the Zacks Consensus Estimates project earnings of -$0.20 per share and revenue of $905.32 million, indicating changes of +39.39% and +14.75%, respectively, from the prior year [2] Analyst Estimates - Recent adjustments to analyst estimates for Tilray are important as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates estimate changes, provides a practical rating system for investors [4] Zacks Rank - Tilray currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5] - The Zacks Rank system has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] Industry Context - The Consumer Products - Staples industry, which includes Tilray, has a Zacks Industry Rank of 90, placing it in the top 36% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Good Supply Introduces New Monsters Resin Vapes: Full Spectrum Highs
Newsfilter· 2025-02-20 13:00
Core Viewpoint - Tilray Brands, Inc. has launched Good Supply's new product line, Monsters 1,000mg THC Resin Vapes, expanding its offerings in the cannabis market, particularly in the rapidly growing vape segment [1][4]. Product Innovation - The Monsters Vapes feature a 1.5g cartridge containing 1,000mg of THC, designed for a potent vaping experience with full spectrum BHO resin and cannabis terpenes [2][4]. - The new vape line includes two strain pairings: Grape Daddy Kush and Super Lemon Guy, each promising enhanced flavor and effects [1][4]. Market Strategy - The introduction of Monsters Vapes signifies a strategic move into the full-spectrum cannabis market, showcasing Good Supply's commitment to innovation and quality [4]. - Good Supply aims to meet consumer demand for high-quality, impactful products, reinforcing its position in the competitive cannabis landscape [4]. Product Features - Key features of the Monsters Vapes include double entourage effects, a custom-designed heating coil for better performance, and a wider mouthpiece for improved airflow [5][6]. - The product line also emphasizes sustainability, with mouthpieces made from hemp material to reduce plastic waste [6]. Brand Positioning - Good Supply is recognized as a leading cannabis brand in Canada, known for its high-quality flower, pre-rolls, vapes, and concentrates [8]. - The brand focuses on delivering consistent quality at affordable prices, appealing to a broad consumer base [8].
Good Supply Introduces New Monsters Resin Vapes: Full Spectrum Highs
GlobeNewswire News Room· 2025-02-20 13:00
Core Insights - Tilray Brands, Inc. has launched Good Supply's new product line: Monsters 1,000mg THC Resin Vapes, expanding from their successful pre-rolls into the vape market [1][4] - The Monsters Vapes feature a potent 1.5g cartridge containing 1,000mg of THC, designed for a full-spectrum vaping experience with strain-specific BHO resin and cannabis terpenes [2][4] Product Features - Each 1.5g cartridge offers double entourage effects with full spectrum BHO resin and cannabis terpenes, enhancing flavor and potency [4][5] - The vapes include two strain pairings: Grape Daddy Kush and Super Lemon Guy, catering to different consumer preferences [5][7] - Key features include a custom-designed heating coil for faster hits, a wider mouthpiece for better airflow, and cartridges made from hemp material to reduce plastic waste [5][6] Market Position - Good Supply is recognized as one of Canada's leading cannabis brands, known for its high-quality products and innovation in the cannabis market [8][10] - The introduction of Monsters Vapes signifies a strategic move into the rapidly growing full-spectrum segment of the cannabis market, reflecting the company's commitment to meeting consumer demand [4][5]
Tilray Brands, Inc. (TLRY) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-02-13 00:01
Company Performance - Tilray Brands, Inc. (TLRY) closed at $0.95, showing a +1.05% change from the previous day's closing price, outperforming the S&P 500 which fell by 0.27% [1] - Over the past month, Tilray's shares have decreased by 20.39%, while the Consumer Staples sector gained 5.6% and the S&P 500 increased by 4.27% [1] Upcoming Earnings - The upcoming earnings disclosure for Tilray is highly anticipated, with consensus estimates predicting revenue of $214.6 million, a 13.94% increase year-over-year [2] - For the full year, analysts expect earnings of -$0.20 per share and revenue of $905.32 million, reflecting changes of +39.39% and +14.75% respectively from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for Tilray are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, aims to provide actionable ratings based on expected stock price performance [4] Zacks Rank and Industry Performance - Tilray currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate remaining steady over the past month [5] - The Consumer Products - Staples industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 155, placing it in the bottom 39% of over 250 industries [6]
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
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]
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 ...