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Blue Point Brewing Launches Magic Hour IPA—A Bright, Tropical 6% ABV Sipper for Golden Hour

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(Very Positive)
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Blue Point Brewing, a Tilray Brands (NASDAQ: TLRY, TSX: TLRY) brand, launched Magic Hour IPA, a 6% ABV, year-round American IPA.

Available on draft and in 6-pack 12oz cans across NY, CT, PA, and NJ, it features Citra, Nectaron, and Anchovy hops for a bright, tropical, easy-drinking profile.

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AI-generated analysis. Not financial advice.

Positive

  • None.

Negative

  • None.

News Market Reaction – TLRY

-1.81%
1 alert
-1.81% News Effect

On the day this news was published, TLRY declined 1.81%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Magic Hour ABV: 6% ABV Package format: 6-pack 12oz cans ATM equity program: $180,000,000 +5 more
8 metrics
Magic Hour ABV 6% ABV Magic Hour IPA alcohol content
Package format 6-pack 12oz cans Magic Hour IPA packaging across NY, CT, PA, NJ
ATM equity program $180,000,000 Maximum common stock under April 15, 2026 ATM prospectus
S-3ASR ATM capacity $51,597,980 Forward ATM program under S-3ASR shelf
Registered resale shares 398,666 shares Common stock registered for resale in April 21, 2026 424B7
Q3 net revenue $206.7M Quarter ended February 28, 2026
Q3 net loss $25.2M Quarter ended February 28, 2026
Cash & equivalents $204.6M End of quarter ended February 28, 2026

Market Reality Check

Price: $5.46 Vol: Volume 3,534,703 is below...
low vol
$5.46 Last Close
Volume Volume 3,534,703 is below the 20-day average of 7,935,861, suggesting a muted pre-news setup. low
Technical Shares at $5.51 are trading below the 200-day MA of $9.73 and far under the $23.20 52-week high.

Peers on Argus

TLRY was down 0.9% while key peers were mixed: AMPH (-3.55%), HROW (-2.01%) and ...
1 Up 1 Down

TLRY was down 0.9% while key peers were mixed: AMPH (-3.55%), HROW (-2.01%) and PCRX (-2.49%) fell, while DVAX (0.06%) was flat-to-up and EVO (-0.33%) slipped slightly. Momentum scans showed HROW sharply down (11.23%) and BGM up (6.38%), reinforcing stock-specific rather than broad sector dynamics.

Historical Context

5 past events · Latest: May 07 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 07 Brand refresh launch Positive -1.7% Widmer Brothers rolled out the “Stay Sunny” brand refresh and new beers.
May 05 Partnership announcement Positive -3.6% BrewDog became official beer supplier for multiple Underbelly events.
May 04 RTD product launch Positive -4.2% 10 Barrel Brewing launched Clean Slate and Salty Sips RTD cocktails.
Apr 30 Collab beer release Positive +1.6% SweetWater and Salt Life launched the Livin’ Salty summer lager collaboration.
Apr 28 Wellness product launch Positive -4.8% Manitoba Harvest introduced Superfood Smoothie Boosters at Sprouts nationwide.
Pattern Detected

Recent branded product and campaign launches have often coincided with negative next-day moves, despite generally positive-sounding announcements.

Recent Company History

Over the past few weeks, TLRY has focused on expanding its beverage and wellness portfolio. Launches included Manitoba Harvest Superfood Smoothie Boosters on Apr 28, SweetWater’s Livin’ Salty lager on Apr 30, RTD cocktails from 10 Barrel Brewing on May 4, a BrewDog events partnership on May 5, and Widmer Brothers’ “Stay Sunny” brand refresh on May 7. Despite these consumer-facing growth initiatives, most of these releases saw negative 24-hour price reactions, framing today’s Blue Point Magic Hour IPA launch in a similar context.

Regulatory & Risk Context

Active S-3 Shelf · $51,597,980
Shelf Active
Active S-3 Shelf Registration 2025-10-09
$51,597,980 registered capacity

An effective S-3ASR shelf dated Oct 9, 2025 allows TLRY to sell securities from time to time, including up to $51,597,980 of common stock via a forward ATM program and additional shares through warrants and resale registrations. Recent 424B5 and 424B7 filings indicate active use of this shelf for equity and resale transactions.

Market Pulse Summary

This announcement highlights Tilray’s continued build-out of its craft beverage platform through Blu...
Analysis

This announcement highlights Tilray’s continued build-out of its craft beverage platform through Blue Point’s Magic Hour IPA, a 6% ABV year-round beer available across several U.S. states. It follows a series of product and brand launches across TLRY’s brewing and wellness assets. At the same time, the company has active equity programs, including a $51,597,980 shelf ATM and a $180,000,000 ATM, plus recent resales, making future capital-raising activity and its impact on shareholders important metrics to watch.

Key Terms

form 4, reverse stock split, registration statement, prospectus supplement, +3 more
7 terms
form 4 regulatory
"Tilray Brands, Inc. Insider Trading Activity"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
reverse stock split financial
"The share amount reflects an adjustment related to Tilray’s 1-for-10 reverse stock split..."
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
registration statement regulatory
"legal exhibits connected to Registration Statement No. 333-290806."
A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.
prospectus supplement regulatory
"Prospectus Filed Pursuant to Rule 424(b)(7)"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
at-the-market financial
"offer up to $180,000,000 of its common stock in an at-the-market offering..."
"At-the-market" is a method for companies to sell new shares of stock directly into the open market over time, rather than all at once. It allows companies to raise money gradually, similar to selling slices of a pie instead of the entire pie at once, which can help manage the sale's impact on the stock price. This approach gives investors a steady supply of shares while providing companies with flexible funding options.
convertible senior notes financial
"exchanged $12 million aggregate principal amount of its 5.20% Convertible Senior Notes..."
Convertible senior notes are a type of loan that a company issues to investors, which can be turned into company shares later on. They are called "senior" because they are paid back before other debts if the company runs into trouble. This allows investors to earn interest like a loan but also have the chance to own part of the company if its value rises.
s-3asr regulatory
"files an S-3ASR prospectus supplement to register securities for sale from time to time..."
A Form S-3ASR is a pre-approved registration that lets an eligible public company load a shelf of securities it may sell later without repeating a full regulatory review each time. Think of it like a pre-authorized credit line for issuing stocks or bonds: it gives the company fast, flexible access to raise money, which matters to investors because it can signal financial readiness but also means potential share dilution or swift changes in capital structure.

AI-generated analysis. Not financial advice.

New year-round American IPA balances hop-forward flavor with easy drinkability—available on draft and in 6-pack 12oz cans across NY, CT, PA & NJ

Blue Point Magic Hour

PATCHOGUE, N.Y., May 12, 2026 (GLOBE NEWSWIRE) -- Blue Point Brewing, a Long Island craft brewery and brand by Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), is launching a new year-round offering, Magic Hour IPA. The beer delivers bursts of bright and tropical hops, striking the perfect balance of flavor and drinkability. The new IPA comes in with 6% ABV and is designed as the perfect pairing for enjoying golden hour and unwinding at the end of the day.

Blue Point is known for delicious lagers and ales, like the brewery’s fan-favorite Toasted Lager, so the addition of an easy drinking, year-round IPA perfectly rounds out the brand’s offering, ensuring that any beer drinker can find something tailored to their tastes.

Magic Hour delivers the aroma and hop character that IPA lovers look for, while remaining approachable and easy going. By carefully monitoring pH levels during the brewing process, hop burn is minimized, giving the beer a quick, dry finish that keeps you coming back for more. The brew is made with Citra, Nectaron, and Anchovy hops which provide a tropical and refreshing taste, ideal for happy hours, sipping during sunset on a laid-back summer night or year-round enjoyment. Magic Hour IPA is available on tap and in 6pack 12oz cans in taprooms, groceries, convenience stores and more across NY, CT, PA, and NJ.

“We brewed Magic Hour to deliver everything IPA fans crave - bright, tropical hop character and a clean, easy finish without sacrificing drinkability,” said Chris DiOrio, Senior Brand Manager of Blue Point Brewing. “It’s the kind of beer you reach for when the sun’s going down, and an approachable gateway for new IPA drinkers, too.”

For more information, please visit www.bluepointbrewing.com and to find Magic Hour in a store near you, please visit our Beer Finder.

About Blue Point Brewing
Blue Point Brewing Company was founded in 1998 in Patchogue, New York and is Long Island’s OG craft brewery. Twenty-eight years later, with a widely appealing portfolio of beer and beyond beer brands, Blue Point has grown to be one of the largest breweries in New York, with a footprint up and down the entire East Coast. Blue Point’s flagship beer, Toasted Lager, has won several awards including a gold medal at the World Beer Cup.

For more information about Blue Point Brewing, please visit www.bluepointbrewing.com and follow us on Instagram @BluePointBrewing.

About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.

For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.

Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws. 

For further information, please contact

Media: tilraybeer@diffusionpr.com
Media: news@tilray.com
Investors: investors@tilray.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aad05a49-5280-4153-9183-4a388fff0fcc


FAQ

What is Blue Point Brewing's Magic Hour IPA launched by Tilray (TLRY)?

Magic Hour IPA is a year-round 6% ABV American IPA with bright, tropical hop flavors. According to Blue Point Brewing, it balances hop-forward aroma and character with easy drinkability and a quick, dry finish suitable for both IPA fans and newer drinkers.

What are the key flavor notes and hops in Magic Hour IPA from Tilray (TLRY)?

Magic Hour IPA delivers bright, tropical hop character with an approachable, dry finish. According to Blue Point Brewing, it uses Citra, Nectaron, and Anchovy hops, with brewing focused on pH control to reduce hop burn and enhance drinkability while preserving aroma.

What is the ABV of Magic Hour IPA and how strong is it for TLRY investors to know?

Magic Hour IPA has an alcohol by volume (ABV) of 6%. According to Blue Point Brewing, this level is intended to balance flavor and sessionability, positioning the beer as an easy-drinking yet flavorful option for year-round consumption and social occasions.

Where is Magic Hour IPA from Blue Point and Tilray (TLRY) available for purchase?

Magic Hour IPA is sold on tap and in 6-pack 12oz cans across several states. According to Blue Point Brewing, distribution currently includes taprooms, groceries, convenience stores, and other retailers in New York, Connecticut, Pennsylvania, and New Jersey.

Is Magic Hour IPA from Blue Point Brewing a year-round beer offering for TLRY?

Magic Hour IPA is designed as a permanent, year-round offering rather than a seasonal release. According to Blue Point Brewing, it complements existing lagers and ales, rounding out the portfolio so a broader range of beer drinkers can find a suitable style.

How does Blue Point Brewing improve Magic Hour IPA's drinkability for new IPA drinkers?

Magic Hour IPA is brewed to minimize hop burn while preserving hop aroma and character. According to Blue Point Brewing, careful monitoring of pH during brewing helps achieve a quick, dry finish, making it approachable both for IPA enthusiasts and newcomers to the style.