TILRAY BRANDS INC Stock Price, News & Analysis

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has achieved another milestone in European medical cannabis. The company received approval for its second medical cannabis extract in Portugal, Tilray Oral Solution THC10:CBD10. This follows the earlier approvals of Tilray Medical whole flower THC 18 and the first cannabis extract in Portugal.

Denise Faltischek, Chief Strategy Officer and Head of International at Tilray Brands, emphasized the significance of this approval in expanding medical cannabis offerings for Portuguese patients. The company views this as a important step in meeting patient care needs and providing high-quality cannabis products for specific medical conditions.

Tilray Medical operates in over 20 countries, offering a diverse portfolio of EU-GMP certified medicinal cannabis products. The company remains committed to supporting global medical cannabis patient care through quality products accessible via healthcare practitioners.

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has announced that its German subsidiary, Aphria RX GmbH, has received the first new cannabis cultivation license under Germany's new Cannabis Act (MedCanG). This license allows Aphria RX to increase production by approximately 5 times and introduce new strains, enhancing patient access across Germany.

Key points:

• Aphria RX can now cultivate and manufacture a broader range of medical cannabis
• The facility can expand from 3 to 31 approved strains
• Aphria RX was designed with guidance from Kevin Anderson of Broken Coast Cannabis
• The new license positions Tilray to capitalize on Germany's growing medical cannabis market

This development is expected to significantly improve access to high-quality, German-produced medical cannabis for patients nationwide.

SweetWater Brewing Company, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has launched Rowdy Peach IPA in collaboration with Atlanta United FC. This new brew, with 6.8% ABV, celebrates the team's passionate fans and soccer culture. The IPA features juicy peach aromas and comes in red and black cans, inspired by the team's colors and supporter chant.

Rowdy Peach IPA is available at Atlanta United home matches, SweetWater's taproom, in six-packs, and on draft. As the team's official craft beer partner, SweetWater is enhancing the gameday experience with tailgate activations and watch parties. The partnership aims to deepen connections with the Atlanta community and soccer fans nationwide.

Manitoba Harvest, a subsidiary of Tilray Brands (NASDAQ: TLRY; TSX: TLRY), has introduced new Coffee and Chocolate flavors to its Organic Bioactive Fiber supplement line, developed in partnership with Brightseed®. These products aim to enhance gut wellness and healthy digestion, offering 7g of fiber per serving for the Chocolate flavor and 6g of fiber with 60mg of caffeine for the Coffee variant.

The supplements utilize upcycled hemp hulls containing unique bioactives to support gut health. New research published in the Journal of Dietary Supplements highlights the potential of hemp hulls and Bio Gut Fiber to enhance gut health, including support for healthy gut barrier function and metabolic wellbeing. A pre-clinical study also confirmed the prebiotic activity of Brightseed® Bio Gut Fiber.

The new products are available for $19.99 on manitobaharvest.com and select US retailers, with Amazon availability coming soon.

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, has announced the release date for its fourth quarter and full fiscal year 2024 financial results. The results will be disclosed on July 29, 2024, after market close.

Following the release, Tilray will host a live audio webcast at 4:30 pm Eastern Time to discuss the results. Investors can access the webcast through the Investors section of Tilray's website. Additionally, stockholders can submit and upvote questions via the Say Technologies platform until July 26, 2024, for the upcoming Q&A session.

Tilray Brands (Nasdaq: TLRY; TSX: TLRY) has announced the launch of its new Good Supply vape lineup, featuring a variety of 1G 510 vapes with distinctive flavors. The flavors include Banana Kush, Blue Dream, Blue Raspberry, Cherry Loops, Frozen Watermelon, Gooey Gold, Mango Passionfruit, Mountain Mist, Orange Swirl, Pineapple Express, Purple Monkey, Rocket Bomb, and Tropical Chewy Bear.

In addition to flavorful offerings, Good Supply emphasizes sustainability with biodegradable vape mouthpieces and hemp tube containers. These products can be composted in organic processing or landfill facilities, aligning with Good Supply's eco-friendly initiatives.

The new vape products are available at select retailers across Canada, just in time for the 710 celebrations.

Tilray Medical, a division of Tilray Brands (Nasdaq: TLRY; TSX: TLRY), announced a new scientific study titled 'Medical Cannabis for Patients Over Age 50.' The study, conducted across multiple sites, involved 299 participants with an average age of 66.7 years, 62.2% of whom were female. Approximately 90% of the participants used medical cannabis to treat pain-related conditions such as chronic pain and arthritis.

The study found significant improvements in pain scores, sleep, and quality of life among the participants. Additionally, there was a notable reduction in the use of other medications, suggesting that medical cannabis could be a cost-effective treatment option. This study emphasizes the growing importance of medical cannabis for older adults and reinforces Tilray's commitment to advancing medical research and providing quality medical cannabis products.

Tilray Brands (NASDAQ: TLRY) is celebrating the Fourth of July with a series of events and product launches from their craft beer and beverage brands. Highlights include SweetWater's sponsorship of the Peachtree Road Race, Breckenridge Brewery's fireworks display, and 10 Barrel Brewing's Munch and Music event. Additionally, Montauk Brewing will host a beach cleanup and anniversary party, while Runner's High debuts as a Peachtree Road Race co-sponsor. A summer promo offers $3 back on purchases of select beers and hot dogs from July 1st to December 31st in selected states.

Tilray Brands (Nasdaq | TSX: TLRY) has unveiled Runner's High Brewing Company, a new non-alcoholic beer brand tailored for the social running community. The brand aims to offer a beer experience without the buzz, focusing on social and casual runners. Runner's High will debut at the Peachtree Road Race on July 3-4, 2024, in Atlanta, Georgia, which is the world's largest 10K event. Three variants—Golden Wheat, Raspberry Wheat, and Dark Chocolate—will be introduced, each with distinct flavors and low calories. Expansion to other markets is planned for later in 2024.