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 ...

The company's hopes for growth in foreign countries got a boost from Germany. The world outside North America might just be warming up to marijuana legalization, if recent developments in Europe are any indication. This past April, German legislators passed the Cannabis Act -- a set of measures both legalizing (to a limited extent) the recreational cannabis market, and expanding the market for medical pot. Happily for Tilray Brands (TLRY -3.24%), the Canadian weed company was already a force on the (admitte ...

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 ...

The cannabis company delivered better-than-expected results on the top and bottom lines. The company's shares jumped by as much as 17.5% early today and were up by 10.1% as of 3:53 p.m. Tilray generated $229.9 million in sales in the fourth quarter, up 25% from the year-ago quarter and ahead of Wall Street's consensus estimate of $227 million. Tilray acquired eight beer brands from Anheuser-Busch last year, making it the fifth largest craft brewer in the U.S. Growing financial strength That improvement like ...

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 ...

After the bell on Monday, we received fiscal fourth quarter results from Tilray (NASDAQ:TLRY). The Canadian cannabis and beverage firm was one of the leading bubble names back in 2018, but shares have lost almost all of their value since. Over the past couple of quarters, the company has worked to shore up its balance sheet a bit, but it has come at a major cost to shareholders. Monday's report showed some solid improvements, but not enough yet to warrant a buy recommendation. Shutter2U Tilray's run to $300 ...

Tilray Brands, Inc. (NASDAQ:TLRY) Q4 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Robert Moskow - TD Cowen Andrew Carter - Stifel Aaron Grey - Alliance Global Partners Owen Bennett - Jefferies Frederico Gomes - ATB Capital Markets Conference Call Participants Berrin Noorata - Chief Corporate Affairs and Communications Officer Irwin Simon - Chairman and CEO Carl Merton - CFO Denise Faltischek - Chief Strategy Officer and Head of International Operator Hello, and thank you for j ...

For the quarter ended May 2024, Tilray Brands, Inc. (TLRY) reported revenue of $229.88 million, up 24.8% over the same period last year. EPS came in at -$0.04, compared to $0.00 in the year-ago quarter. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how Tilray Brands performed in the just reported quarter in te ...