Welcome to our dedicated page for TILRAY BRANDS news (Ticker: TLRY), a resource for investors and traders seeking the latest updates and insights on TILRAY BRANDS stock.
TIlray Brands, Inc. (TLRY) generates frequent news as a global lifestyle and consumer packaged goods company active across cannabis, beverage, wellness, and entertainment categories. Company updates often highlight developments in its cannabis brands, medical cannabis operations, beverage portfolio, and strategic corporate actions, giving investors and followers insight into how Tilray is executing its multi-category strategy.
News coverage commonly includes financial results and segment performance across cannabis, beverage, wellness, and distribution, as reflected in Tilray’s quarterly earnings releases. These updates may discuss trends in international medical cannabis revenue, Canadian adult-use cannabis sales, and distribution activity through Tilray Pharma. Corporate announcements, such as the implementation of a one-for-ten reverse stock split and related shareholder decisions, are also reported through press releases and SEC filings.
Tilray’s brand and product news provides detail on new launches and category expansion. Recent communications feature Dry January and holiday guides showcasing hemp-derived THC beverages, zero-proof spirits, non-alcoholic beers, and craft beers, as well as cannabis-infused beverages under brands like Mollo and XMG. Other releases focus on innovations in cannabis vapes and concentrates under brands such as Good Supply and Redecan, and curated cannabis gift guides that reflect consumer trends in Canada.
Regulatory and medical developments are another important theme. Tilray Medical has issued statements on U.S. federal cannabis rescheduling and the creation of Tilray Medical USA, outlining a framework for U.S. medical cannabis expansion based on experience in regulated international markets. For readers tracking TLRY, this news stream offers context on how the company responds to policy changes, evolves its brand portfolio, and communicates with shareholders. Bookmark this page to access an organized feed of Tilray’s earnings releases, product announcements, regulatory updates, and other material company news.
Tilray Medical, a division of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has launched Redecan EU-GMP certified medical cannabis products in Australia. This expansion adds to Tilray's existing medical cannabis portfolio, which includes Tilray and Broken Coast offerings. The launch introduces two new products: Redecan PC THC28 Purple Churro and Redecan SA THC28 Space Age Cake, both available in 15g quantities.
Tilray continues to be a leading provider of EU-GMP certified medical cannabis globally, operating in over 20 countries. The company supports medical trials studying the efficacy of medical cannabis for various conditions, including fibromyalgia, epilepsy, cancer-related symptoms, HIV, and post-traumatic stress disorder.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY) has completed the acquisition of Atwater Brewery from Molson Coors Beverage Company (NYSE: TAP). This strategic move expands Tilray's presence in the Great Lakes region and strengthens its position in the craft beer industry. Atwater Brewery, known for its rich history and loyal following in Michigan, joins Tilray's diverse beverage portfolio, which includes notable craft beer, spirits, and non-alcohol brands.
CEO Irwin D. Simon expressed enthusiasm about leveraging Tilray's resources to drive growth and expand distribution for Atwater's brews. This acquisition aligns with Tilray's strategy to diversify its product offerings and enhance its market presence in the beverage sector.
Breckenridge Brewery, a Tilray Brands (NASDAQ: TLRY, TSX: TLRY) subsidiary, is sponsoring the 28th annual Breckenridge 'Go Breck' Oktoberfest from September 13-15, 2024, in downtown Breckenridge, Colorado. The event will feature:
- Contests, food specials, and live music
- Exclusive collectible steins
- A special Oktoberfest brew - a German Amber Lager
Beer pouring starts at 2:00 pm MT on Friday and 11:00 am MT on Saturday and Sunday. Prinz Pinakatt, CMO of Tilray Beverages, expressed pride in supporting this iconic Colorado event and sharing their craft beers with festival-goers.
Tilray Medical, a division of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), has announced the results of a scientific study on the effectiveness of cannabinoids in treating fibromyalgia (FM). The TOMAS study examined the impact of Tilray Dried Flower THC18 on chronic pain and other FM-associated symptoms in patients with an average age of 52 years.
Key findings include:
- Improvements in pain scores, sleep quality, and overall quality of life
- Reduction in co-medication use
- Potential for cannabinoids as an effective and cost-efficient treatment option
The study provides valuable insights for the medical community on using cannabinoids to manage chronic pain and improve the quality of life for FM patients. Tilray Medical continues to support global medical trials studying the efficacy of medical cannabis for various indications.
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has completed the acquisition of craft breweries Hop Valley Brewing Company, Terrapin Beer Co., and Revolver Brewing from Molson Coors Beverage Company (NYSE: TAP). This strategic move strengthens Tilray's position as the 5th largest craft brewer in the U.S. and expands its presence in key markets, including Texas, the second-largest beer consumption state.
The acquisition adds 30% new beer buying accounts to Tilray's portfolio and is expected to drive revenue, generate cost synergies, and expand distribution. Tilray's beverage portfolio now includes leading craft beer, spirits, and non-alcohol brands, as well as Canada's top recreational cannabis and THC beverage brands.
Breckenridge Brewery, a Tilray Brands (NASDAQ: TLRY) subsidiary, announces its upcoming On Tap concert series featuring Kaleo, Hippo Campus, and Cassandra Lewis. The event, scheduled for October 12, 2024, will take place at Breckenridge Brewery's farmhouse in Littleton, Colorado. Organized in partnership with 97.3 KBCO, the concert will support Project C.U.R.E., a Colorado-based organization providing medical supplies globally. Ryan Workman, Brand Director at Breckenridge Brewery, expressed excitement about the event's potential to combine great music with charitable impact. Gates open at 12:30 p.m., with the show starting at 1:30 p.m. Tickets are available for purchase online.
Tilray Brands (Nasdaq: TLRY; TSX: TLRY) has announced the launch of 'Milk & Cookies', a new premium indica strain from its Broken Coast brand. This small-batch flower joins Broken Coast's craft cannabis portfolio, featuring sweet vanilla and nutty earthy flavors. Kevin Anderson, Master Grower at Broken Coast, emphasized the strain's potency and comforting experience.
Milk & Cookies is a Cookies & Cream x Triple OG cross, cultivated with meticulous care and processed through a rigorous quality control process. The strain is currently available in British Columbia and Alberta, with plans to expand to Ontario, Manitoba, and Saskatchewan this Fall, followed by a nationwide rollout. It's offered as flower and in pre-roll formats in select regions.
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) has expanded its Solei cannabis product lineup with new THC-infused sparkling beverages and topicals. The company introduced two new infused sparkling beverages: Blood Orange (5mg THC, 10mg CBG) and Dark Cherry (5mg THC, 10mg CBD), both made with real fruit juice and nano-emulsified cannabinoids. Additionally, Solei launched an Extra Strength Deep Tissue Stick, a topical product containing 500mg THC and 500mg CBD, designed for rest and recovery support. This expansion follows the successful launch of Solei's first beverages in summer 2023 and aims to cater to cannabis wellness enthusiasts across Canada.
Shock Top, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has announced a groundbreaking partnership with the Florida Athletic Department, becoming the first craft beer sponsor of Gator Athletics. This collaboration will introduce the first officially licensed co-branded craft beer for Gator fans, set to launch with the 2024 football season.
The partnership includes gameday activations, a year-round campaign, and presence at various sports venues. Fans can participate in a Flyaway trip contest to see the Gators play in Austin. Shock Top will be featured at football, basketball, and baseball events, emphasizing responsible drinking throughout the collaboration.
This strategic move aims to expand Shock Top's presence in Florida and connect with the passionate Gator fan base, enhancing the gameday experience across multiple sports.
Tilray Brands (TLRY) has announced a definitive agreement to acquire four craft breweries from Molson Coors Beverage Company (TAP). The acquisition includes Hop Valley Brewing Company, Terrapin Beer Co., Revolver Brewing, and Atwater Brewery. This strategic move is expected to strengthen Tilray's craft beer leadership in the U.S., particularly in the Pacific Northwest and Georgia, while anchoring the company in key markets like Texas and Michigan.
The acquisition is projected to grow Tilray's new beer accounts by 30% and increase its beer business to 15 million cases annually. Tilray aims to leverage its expertise in product innovation and distribution to unlock the full potential of these brands, strengthen their sales and operations, and expand their reach across the U.S.
This move aligns with Tilray's growth strategy in the beverage industry and is expected to drive revenue, generate cost synergies, and expand national distribution, reinforcing the company's leadership position in craft beer.
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