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TILRAY BRANDS INC reported $915.5M in revenue and a $121.4M net loss for fiscal 2026. See the full TLRY financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Breckenridge Distillery and Southern Glazer’s Expand Partnership Across New York and California

Breckenridge Distillery expands its Southern Glazer’s distribution relationship into New York and California to broaden reach for its spirits and RTD lineup.

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partnership

Tilray Brands’ (TLRY) Breckenridge Distillery announced an expanded distribution partnership with Southern Glazer’s Wine & Spirits covering New York and California, two of the largest and most influential U.S. spirits markets.

The agreement extends an existing relationship in Massachusetts, Rhode Island, Kansas, and Missouri and now includes Breckenridge’s bourbon, whiskey finishes, vodka, rum, gin, Mountain Shot, Honey Whiskey, and Breckenridge Vodka Seltzers. The company expects broader coverage across grocery, chain, and retail channels, using Southern Glazer’s route-to-market capabilities to increase distribution, retail visibility, and consumer access in these high-volume markets.

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Positive

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Negative

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Market Context

Partnership-tagged TLRY news averaged a -0.78% 24-hour move across five events. The platform record ...
Analysis

Partnership-tagged TLRY news averaged a -0.78% 24-hour move across five events. The platform record adds mixed precedent to this distribution announcement; the active shelf remains relevant, while subsequent distribution execution is the key observable.

Key Figures

Expanded markets: 2 states Ready-to-Drink offering: 1st Distillery founded: 2008 +5 more
8 metrics
Expanded markets 2 states New York and California
Ready-to-Drink offering 1st Breckenridge Vodka Seltzers
Distillery founded 2008 Colorado
Icons of Whisky wins 3x Breckenridge Distillery
Best American Blended wins 10x World Whiskies Awards
Colorado Distillery of the Year wins 4x New York International Spirits Competition
World’s Best Finished Bourbon award 2024 Breckenridge Port Cask Finish
Double Gold awards 6 San Francisco World Spirits Competition

Previous Partnership Reports

5 past events · Latest: Aug 13 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 13 Morning Brew collaboration Positive +0.4% Limited-edition beer collaboration and promotional activation with Morning Brew
Aug 11 Hi*Ball sports partnership Positive +8.1% Hi*Ball became official energy drink partner of Wolverhampton Wanderers
May 05 Underbelly beer partnership Positive -3.6% BrewDog became official beer supplier across Underbelly venues
Mar 26 Popsicle beverage partnership Positive -5.8% Tilray launched Popsicle Hard ready-to-drink beverages through licensing partnership
Mar 18 Cheba Hut partnership Positive -3.2% Breckenridge bourbon rolled out across 18 Cheba Hut locations

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Partnership-tagged news showed 3 divergences versus 2 alignments, with an average 24-hour move of -0.78%.

Key Terms

ready-to-drink, high-rye mash, route-to-market
3 terms
ready-to-drink financial
"the brand’s first Ready-to-Drink offering, Breckenridge Vodka Seltzers."
"Ready-to-drink" refers to beverages that are pre-made and bottled or canned, requiring no additional preparation before consumption. For investors, it signals a product category that offers convenience and quick consumption, often appealing to busy consumers. This ease of use can drive consistent sales and growth opportunities for companies producing these beverages.
high-rye mash technical
"a high-rye mash American-style whiskey."
A high-rye mash is a grain mix used to make distilled spirits where rye grain makes up a larger-than-usual share of the recipe, giving the spirit a spicier, drier flavor profile compared with more corn- or barley-heavy recipes. For investors, the mash bill affects product taste, brand positioning, production costs and sourcing risks—like a recipe that shapes both the final product and the supply chain behind it.
route-to-market financial
"Through Southern Glazer’s extensive route-to-market capabilities"
Route-to-market is the plan a company uses to get its products or services from the maker to the buyer, including which sales channels, partners, delivery methods and pricing it uses. It matters to investors because the chosen route affects how quickly a product can reach customers, the costs and margins on each sale, and how easily the business can scale or face disruption—think of it as the road network and delivery trucks that determine how fast and cheaply goods arrive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Strategic Distribution Expansion Accelerates Growth for Breckenridge Distillery in Two of the Largest Spirits Markets in the U.S. 

Expanded Partnership Also Supports Rapid Growth of Breckenridge Distillery’s Ready-to-Drink Innovation Portfolio Across Grocery, Chain, and Retail Channels

Breckenridge Distillery Family Shot

BRECKENRIDGE, Colo., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Breckenridge Distillery, an award-winning craft distillery and spirits brand by Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced an expanded distribution partnership with Southern Glazer’s Wine & Spirits in New York and California, two of the largest and most strategically important spirits markets in the United States.

The expanded partnership is expected to significantly accelerate Breckenridge Distillery’s growth and market penetration across both states by increasing distribution, retail visibility, and consumer access to the brand’s expanding portfolio. The collaboration includes Breckenridge Distillery’s award-winning bourbon whiskey, whiskey finishes, vodka, rum, and gin, as well as newer innovations including Mountain Shot, Honey Whiskey, and the brand’s first Ready-to-Drink offering, Breckenridge Vodka Seltzers.

Bryan Nolt, Founder of Breckenridge Distillery, stated, “From day one, Breckenridge Distillery has focused on crafting exceptional spirits while continuously evolving our portfolio for today’s consumers. Expanding our partnership with Southern Glazer’s in New York and California represents a major growth milestone for the brand and creates an incredible opportunity to bring our award-winning spirits and newest innovations to more consumers than ever before.”

Mike Horan, Executive Vice President of Sales at Breckenridge Distillery, stated, “Southern Glazer’s has been an outstanding partner for Breckenridge Distillery in Massachusetts, Rhode Island, Kansas, and Missouri, and we’re excited to build on that success in New York and California. These are two of the most influential and highest-growth markets in the country, and this expansion significantly strengthens our ability to scale distribution, grow brand awareness, and accelerate our long-term growth trajectory across the U.S.”

Through Southern Glazer’s extensive route-to-market capabilities, strong chain and grocery relationships, and leading sales execution platform, Breckenridge Distillery is positioned to meaningfully scale its presence and capitalize on growing consumer demand in these high-volume markets.

For more information about Breckenridge Distillery, visit breckdisitllery.com. Follow Breckenridge Distillery on Instagram @breckdistillery. Age 21+. Always enjoy responsibly.

About Breckenridge Distillery
Founded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey.

One of the most highly awarded distilleries in the U.S., the Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended winner at the World Whiskies Awards by Whisky Magazine and a 4x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 6 Double Golds at the San Francisco World Spirits Competition.

The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named as one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at their award-winning restaurant, enjoy show-stopping cocktails, learn about their highly awarded spirits with an in-depth tasting, and get an inside look at their active production facility. New to the distillery, guests have the opportunity to blend their own whiskey as they learn the inner workings of whiskey production.

To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery.

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: news@tilray.com
Investors: investors@tilray.com

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/95ff8ff7-212e-458f-b933-09141d2f4373

https://www.globenewswire.com/NewsRoom/AttachmentNg/0af4c962-1373-4c63-ba1f-ceb5e5e1267e

 


FAQ

What did Tilray Brands’ Breckenridge Distillery (TLRY) announce with Southern Glazer’s?

Breckenridge Distillery announced an expanded distribution partnership with Southern Glazer’s Wine & Spirits that now includes New York and California, aiming to increase distribution, retail visibility, and consumer access for its spirits and ready-to-drink portfolio.

Which markets are covered by the new Breckenridge Distillery and Southern Glazer’s expansion for TLRY?

The expansion adds New York and California to Breckenridge Distillery’s partnership with Southern Glazer’s, which already covers Massachusetts, Rhode Island, Kansas, and Missouri. These states are described as among the most influential and highest-growth spirits markets in the U.S.

Which Breckenridge Distillery products are included in the expanded Southern Glazer’s distribution for TLRY?

The collaboration covers Breckenridge’s bourbon whiskey, whiskey finishes, vodka, rum, and gin, along with newer innovations such as Mountain Shot, Honey Whiskey, and its first ready-to-drink line, Breckenridge Vodka Seltzers, across New York and California.

How does the expanded Southern Glazer’s partnership support Breckenridge Distillery’s growth?

The company expects Southern Glazer’s route-to-market capabilities, strong chain and grocery relationships, and sales platform to help scale distribution, strengthen brand awareness, and support long-term growth for Breckenridge Distillery in high-volume markets like New York and California.

Where will Breckenridge Distillery’s ready-to-drink products be available under the TLRY partnership expansion?

Breckenridge Distillery’s ready-to-drink innovations, including Breckenridge Vodka Seltzers, are expected to see expanded availability across grocery, chain, and retail channels in New York and California through the enhanced Southern Glazer’s distribution network.