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Tilray Brands Ignites Championship Sunday: Nationwide Tap Room Events, Big Game Day Deals, and Fan Experiences Announced
Globenewswire· 2026-02-03 12:00
Core Insights - Tilray Brands, Inc. is preparing for a major sports event on February 8, 2026, by offering exclusive game day experiences at its craft beer tap rooms across the U.S. [1] - The company aims to enhance fan engagement through special promotions, food, and entertainment options during the game [1][15]. Tap Room Promotions - Montauk Brewing Company is offering $10 crowlers and a buy-two-get-one-free deal on 6-packs leading up to the game [3]. - Blue Point Brewing Co will host a promotion where guests can win a 75" smart TV and is offering catering packages that need to be ordered by February 6 [4]. - SweetWater Brewing Co in Atlanta is providing live music and exclusive draft beer specials, along with game-ready to-go deals for $20 [5]. - Terrapin Beer Co will have extended hours and half-priced pints, along with food offerings from a food truck [6]. - Breckenridge Brewing is offering various to-go specials, including wings and beer packages [7][14]. - Atwater Brewery has a Super 60 Deal for $60, which includes pizza, wings, and a growler or 12-pack [11]. - 10 Barrel Brewing is promoting a Touchdown Meal Deal for $50, along with bingo and raffles for in-house guests [12]. - Hop Valley Brewing is offering a Jumbo Pretzel Pack and other to-go specials for fans [13]. Company Overview - Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company with operations in multiple regions, including North America and Europe [15]. - The company focuses on creating memorable experiences through its diverse portfolio of brands, which includes cannabis, beverages, and wellness products [15].
How Uncle Nearest’s finance debacle is becoming a lesson in controls
Yahoo Finance· 2026-01-07 10:00
Core Insights - Uncle Nearest, a whiskey brand, is facing significant operational challenges due to a lawsuit against its former CFO, Michael Senzaki, and a $100 million dispute with its primary lender, Farm Credit Mid-America, over alleged loan defaults and breaches of lending terms [2][6][18] - The court appointed a receiver to manage the company's operations, aiming to stabilize the business and protect creditor interests, while the founders have lost control over the company [1][5][20] Financial and Operational Issues - The receiver's initial report indicated a $2.5 million shortfall related to delinquent operating expenses and professional fees, leading to a forbearance agreement with the lender to cover the deficiency [9][10] - Operational changes included reducing headcount and narrowing the company's scope, with plans to liquidate nonessential properties [10][11] - The receiver reported material weaknesses in accounting records, including uncertainties around financial statement accuracy and potential revenue inflation [11][12] Legal and Governance Challenges - The lawsuit filed by the founders against Senzaki alleges misconduct in financial reporting and unauthorized redirection of company funds, which they claim has resulted in reputational and financial harm [3][4][17] - The court emphasized that once a receiver is appointed, all authority over company operations rests with the receiver, limiting the founders' ability to influence the company's direction [16][20] - The situation illustrates how failures in financial controls can escalate into governance crises, with concentrated authority leading to a lack of oversight and increased risk [18][21]
Cramer's Stop Trading: Molson Coors
Youtube· 2025-12-22 15:15
Core Viewpoint - The alcohol industry, particularly beer and spirits, is experiencing significant declines in sales, with a notable shift in consumer behavior towards lower consumption among younger demographics [1][2][3]. Industry Performance - Molson Coors has seen a decline of 2.76% in stock performance, indicating broader struggles within the alcohol sector [1]. - Year-to-date performance for major restaurant chains shows significant declines: Shack down 34%, Chipotle down 38%, and Cava down 50%, suggesting that rising costs are impacting margins and consumer spending [2]. Consumer Behavior - Younger consumers are shifting away from traditional alcohol consumption patterns, preferring mocktails and limiting their intake to one drink, contrasting with older generations who consumed more [2][3]. - The perception of alcohol consumption has changed, with younger individuals feeling less inclined to order multiple drinks in social settings [3].
