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Enhance Your Dry January with Mindful Sipping: Try Tilray’s Mollo and XMG Cannabis Beverages
Globenewswire· 2026-01-05 12:00
Core Insights - Tilray Brands, Inc. is promoting cannabis-infused beverages as a mindful alternative during Dry January, emphasizing flavor and cannabinoid consistency [1][2] - The non-alcoholic beverage market in Canada has seen a significant growth of 24% year-over-year, reaching a total of $199 million, indicating a rising consumer preference for alcohol-free options [2] Product Offerings - Mollo and XMG are the two main brands under Tilray's campaign, offering a variety of cannabis-infused beverages that cater to different tastes and occasions [1][2] - Mollo Seltzer includes flavors like Blackberry, Wild Berry Açaí, Lemon, Mango, and Watermelon Lime, each containing 10 mg THC and 20 mg CBG per can [6][15] - XMG offers products such as Cream Soda Zero, Grape Ape Soda, and Tropical Cream Float, featuring 10 mg THC and varying CBG content, with some options being sugar-free [10][11][16] Market Positioning - The campaign positions cannabis beverages as a leading innovation within the non-alcoholic movement, appealing to adults looking for flavorful and mindful drinking options [2] - Tilray aims to elevate consumer experiences through its diverse product range, which includes over 40 brands across more than 20 countries, focusing on wellness and lifestyle [18]
Tilray Brands Marks Seven Years of Cannabis Legalization in Canada with the #1 Market-Leading Position by Revenue and Pioneering Brands with Growing Market Share in the World's Largest Federally Legal Cannabis Market
Globenewswire· 2025-10-17 11:00
Core Insights - Tilray Brands, Inc. celebrates the seventh anniversary of cannabis legalization in Canada, highlighting the country's role as the largest federally legal cannabis market globally and its progressive regulatory framework that fosters innovation and economic opportunities [1][2] Company Overview - Tilray is a global lifestyle and consumer packaged goods company operating in the cannabis, beverage, and wellness industries, with a mission to inspire joy and create memorable experiences through its diverse brand portfolio [8] Economic Impact - The company has invested over C$1 billion in Canadian infrastructure, paid approximately C$700 million in excise taxes, and contributed hundreds of millions in various taxes, significantly legitimizing the cannabis industry and supporting local economies [2][4] Market Position - Tilray holds the leading sales position in several cannabis categories, including pre-rolls, beverages, oils, and chocolate edibles, and has achieved the strongest quarter-over-quarter growth among the top five Canadian cannabis producers [4][5] Product Innovation - The company operates 15 leading cannabis brands in Canada, with several valued between C$100 million and C$300 million, and is recognized for pioneering new product innovations such as THC/CBD-infused beverages and shareable edibles [3][5] Future Growth Opportunities - Tilray aims to capitalize on future industry growth through expanding cannabis in healthcare, on-premise consumption of THC beverages, and regulatory modernization to enhance competitiveness and innovation [6][7] Infrastructure and Capacity - The company has 5 million square feet of advanced cannabis cultivation facilities and a current production capacity of 210 metric tons, with significant expansion capabilities to meet rising demand [7] Global Expansion - As regulatory landscapes evolve in Europe and the United States, Tilray is well-positioned to seize new opportunities and establish a leading presence in these emerging markets, reinforcing its status as a global cannabis industry leader [7]