Its latest big play in craft beer is likely to be the most financially beneficial. As a multinational alcohol and cannabis company, it's no surprise that Tilray Brands (TLRY 1.07%) has more than one iron in the fire. What might come as a surprise is that it has so many different irons in the fire that it can advance a handful of its plans at once without slowing down. But the question of whether these efforts make the stock worth investing in is a separate issue. After all, it's easier for a business to bur ...

The latest trading session saw Tilray Brands, Inc. (TLRY) ending at $1.89, denoting a +1.07% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.42%. On the other hand, the Dow registered a gain of 0.14%, and the technology-centric Nasdaq increased by 0.57%. Coming into today, shares of the company had lost 1.06% in the past month. In that same time, the Consumer Staples sector gained 3.59%, while the S&P 500 gained 1.77%. The upcoming earnings release of Til ...

Core Insights - Tilray Brands, Inc. has expanded its Solei cannabis product lineup with new infused sparkling beverages and a topical product aimed at wellness enthusiasts [1][2][6] - The new beverages include Blood Orange and Dark Cherry flavors, featuring a combination of THC, CBD, and CBG to cater to consumer preferences for lower THC options [3][4] - The Solei Deep Tissue Stick is designed for post-physical activity recovery, combining cannabinoids with plant extracts for enhanced relaxation [4][6] Product Launch Details - The new Solei infused sparkling beverages contain 5mg THC and 10mg CBG for Blood Orange, and 5mg THC and 10mg CBD for Dark Cherry, made with real fruit juice [3] - The Solei Deep Tissue Stick features a non-greasy formula with 500mg THC and 500mg CBD, designed for easy application and effective relief [4] Brand Positioning - Solei aims to establish itself as a leading cannabis wellness brand by offering thoughtfully designed products that cater to everyday well-being [2][6] - The brand's focus on innovation and consumer needs is evident in its product development strategy, which includes a variety of formats and cannabinoid profiles [6][8]

GAINESVILLE, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- The Shock Top Company, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY) announces the first craft beer partnership with the Florida Athletic Department. Raise your glasses Gator fans because Shock Top, the king of zest, is officially stepping into the Swamp! As the proud and first craft beer sponsor of Gator Athletics, Shock Top will create an immersive fan experience at games and beyond with the Florida Gators' first officially licensed c ...

Tilray's Strategic Acquisition Will Strengthen its Craft Beer Leadership in the U.S. and Solidify Tilray Beverages as the #1 Craft Brewer in the Pacific Northwest and #1 in Georgia; Anchors Tilray in Key Markets, Texas and Michigan Tilray's Beverage Division Projected to Grow New Beer Accounts by 30% NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray", "our", "we" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a global lifestyle consumer packaged goods company elevating lives through mom ...

Core Insights - The legalization of recreational cannabis in Germany is seen as a positive development for the marijuana industry, particularly for companies like Tilray Brands, which has established a presence in the German market [1][2][4] - Tilray has received a new cultivation and distribution license in Germany, enhancing its ability to grow and sell medical cannabis in the country [2][5] - Despite challenges in the Canadian market, Tilray is focusing on international growth opportunities, with Germany being a key market due to its regulated medical cannabis system [3][4][9] Company Developments - Tilray's German subsidiary, Aphria RX, was awarded the first new cannabis growing license under Germany's expanded medical cannabis regulations [5] - The company reported a 22% year-over-year increase in net revenue from international sales, reaching over $53 million, which constitutes 14% of its total cannabis revenue [9] - The new licensing in Germany is not expected to be a game changer immediately, but it is a significant aspect for investors to monitor as the market develops [10][11] Industry Context - Germany's Cannabis Act allows for limited recreational use but does not establish a retail market, which poses challenges for companies seeking to sell directly to consumers [6][7] - The potential for a larger European market is highlighted, with estimates suggesting it could grow to a $45 billion market for medical cannabis [8] - The current state of the cannabis market in Canada remains challenging, with many companies, including Tilray, facing ongoing losses [3][10]

The company achieved some impressive growth last quarter while also shrinking its losses. Posting true, unadjusted accounting profits in the cannabis industry is no small feat. That's especially true in Canada, where competition is fierce due to a growing number of competitors. One Canadian-based cannabis company that has been showing significant progress in strengthening its financials is Tilray Brands (TLRY 5.71%). While the company has often posted positive adjusted earnings numbers, it finally looks lik ...

FORT COLLINS, Colo., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Breckenridge Brewery, a Colorado-based craft brewer with over 30 years of experience brewing approachable, well-balanced beers, announces the opening of its new brewery location in Fort Collins. With doors opening in early August 2024, the new 10,000- square-foot Breckenridge Brewery offers a full restaurant experience and a new vibrant atmosphere in the heart of Fort Collins for all to enjoy. The new location will be a full-service restaurant, upholdin ...

FORT COLLINS, Colo., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Breckenridge Brewery, a Colorado-based craft brewer with over 30 years of experience brewing approachable, well-balanced beers, announces the opening of its new brewery location in Fort Collins. With doors opening in early August 2024, the new 10,000- square-foot Breckenridge Brewery offers a full restaurant experience and a new vibrant atmosphere in the heart of Fort Collins for all to enjoy. The new location will be a full-service restaurant, upholdin ...

skynesher/iStock via Getty Images Tilray Brands (NASDAQ:TLRY) constantly reports quarterly earnings where the Canadian cannabis provider appears to be reporting strong growth, but most of the growth isn't organic. In addition, the company has now moved substantially away from the cannabis business, limiting the ability to benefit from the growing market opportunity. My investment thesis remains Bearish on the stock due to the constant inability to manage a far-flung business. Tilray Q4 Results - More Of The ...