Tilray(TLRY)

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Tilray Medical Receives Italy’s First Authorization from the Ministry of Health to Distribute Medical Cannabis Flower for Therapeutic Use
Globenewswire· 2025-06-24 11:00
Core Insights - Tilray Medical has achieved a significant milestone in its European expansion by introducing three new medical cannabis flower varieties in Italy, becoming the first company in the country to receive official authorization from the Italian Ministry of Health for the import and distribution of its proprietary medical cannabis products [1][2]. Group 1: Product Launch and Regulatory Approval - The newly approved Tilray Medical products are now available for therapeutic use in pharmacies across Italy, highlighting the company's commitment to providing high-quality, EU-GMP certified medical cannabis [2]. - The authorization from the Italian Ministry of Health underscores the importance of medical cannabis as a therapeutic option for patients, enhancing their health and well-being [2]. Group 2: Company Background and Market Position - Tilray Medical is dedicated to providing safe and reliable access to a global portfolio of medical cannabis brands, having evolved from one of the first licensed producers in Canada to a leading supplier in Europe with EU-GMP certified production facilities in Portugal and Germany [3]. - The company operates in multiple European countries, including Germany, Italy, Portugal, Poland, and the United Kingdom, reinforcing its leadership in the European medical cannabis market [2]. Group 3: Corporate Mission and Vision - Tilray Brands, Inc. aims to be a leading global lifestyle and consumer packaged goods company, focusing on cannabis, wellness, and entertainment, with a mission to inspire joy and create memorable experiences through its diverse portfolio of over 40 brands [5].
Elevate Your Summer with Canada’s Leading Cannabis Brands and Products by Tilray Brands
Globenewswire· 2025-06-23 11:00
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 ...
Why Tilray Brands, Inc. (TLRY) Dipped More Than Broader Market Today
ZACKS· 2025-06-17 23:01
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]
Tilray Brands' Stockholders Approve Reverse Stock Split; Company Pauses Implementation as It Evaluates Timing and Stock Price
Globenewswire· 2025-06-10 20:05
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].
Manitoba Harvest and Whole Foods Market Collaborate to Launch New Protein-Packed, Hemp+ Superfood Smoothie Boosters
Globenewswire· 2025-06-10 11:00
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]
Marijuana Stocks To Watch With Strong Market Potential
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-06-06 13:53
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]
Attention Craft Beer Fans! Tilray Beverages Highlights Boldest Brews For Summer
Globenewswire· 2025-06-05 11:00
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]
SweetWater Brewing and Zoo Atlanta Celebrate 18 Years of Collaboration with a Special Edition Beer
Globenewswire· 2025-05-29 12:00
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]
Tilray Brands to Present at TD Cowen’s 9th Annual Future of the Consumer Conference
Globenewswire· 2025-05-29 11:00
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]
Introducing Y'all's Beer: A True Taste of Texas from Revolver Brewing
Globenewswire· 2025-05-22 12:00
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].