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) maintains a dynamic presence in global cannabis markets through its medical research initiatives and consumer product innovations. This resource provides investors and industry observers with centralized access to verified corporate announcements, regulatory developments, and market analysis.
Users will find updates spanning earnings reports, international expansion efforts, and product portfolio enhancements, including developments in cannabis-infused wellness solutions. The curated selection enables stakeholders to track operational milestones across Tilray's pharmaceutical-grade production facilities and lifestyle brand divisions.
All content undergoes strict verification to ensure alignment with financial disclosure standards and industry regulations. Regular updates reflect Tilray's position as a GMP-certified producer serving medical markets in 20+ countries while expanding recreational offerings in emerging markets.
Bookmark this page for streamlined monitoring of Tilray's strategic initiatives, quality control advancements, and responses to evolving cannabis legislation worldwide.
Alpine Beer, part of SweetWater Brewing Company, has launched Infinite Haze, a new Hazy IPA with 6.5% ABV, characterized by tropical fruit aromas and a unique hop blend of Motueka, Strata, and Citra. Available in California, it plans for national distribution in 2023. The beer is quickly gaining traction as Alpine's fastest-selling beverage in Southern California, complementing the year-round lineup alongside the unfiltered IPA, Nelson, and Duet. Consumers can find Infinite Haze in six-packs and variety packs at retailers like Albertsons and Total Wine as Alpine expands its reach into Florida.
Tilray Brands has launched two new product collections under its cannabis wellness brand Solei in Canada: Solei ‘Slims’ pre-rolls and CBN Softgels. The Solei ‘Slims’ come in two strains—‘Free’ with a 1:15 THC:CBD ratio, designed for an uplifting experience, and ‘Balance’ with a balanced THC:CBD ratio of 1:1, promoting calmness. The new Rest CBN Softgels feature a 2:1 CBD:CBN blend for a relaxing evening ritual. Both products are positioning Solei as a premium option in the cannabis wellness market.
Tilray reported financial results for Q2 ended November 30, 2022, highlighting a net revenue of $144.1 million, with a free cash flow of $25.4 million and operating cash flow of $29.2 million. The company maintained its leading market share in Canada at 8.3%. Despite facing industry challenges, Tilray achieved adjusted EBITDA of $11.7 million for the 15th consecutive quarter. Notably, Tilray completed the acquisition of Montauk Brewing Company, contributing to a 56% increase in beverage-alcohol sales to $21.4 million year-over-year.
Tilray Brands, a global cannabis lifestyle company, will release its financial results for the second quarter ending November 30, 2022, on January 9, 2023. The earnings call will be held at 8:30 AM ET, accessible via the company's website and the Public.com investor app. Investors can submit questions through the Say Technologies platform until January 8, 2023. Tilray aims to be a trusted leader in cannabis consumer products, with a focus on innovation and a diverse portfolio of over 20 brands across multiple countries.
Tilray Brands (Nasdaq: TLRY) has launched a new limited edition premium craft flower series named RIFF, featuring two exclusive collections: Orbital Indica and Crossfade Sativa.
This series includes strains like Cherry Moon Pie, Purple Cotton Candy, Melonaide, and Juicy Fruit, each with high THC potencies and unique terpene profiles. Available only in select markets in Canada, these strains are produced with advanced techniques to ensure quality. Once sold out, they will not be restocked, emphasizing their exclusivity.
Tilray Brands has launched the Peppermint Phatty 510 vape cartridge, enhancing its Good Supply product line across Canada. This new 1g cartridge, featuring peppermint and vanilla flavors, claims to be the company's most potent vape yet. It aims to cater to cannabis enthusiasts looking for high-quality and innovative products. The launch comes during the holiday season, positioning the brand to attract more customers. Good Supply has established itself as a leading Canadian cannabis brand, known for its classic strains and popular product offerings.
Tilray Brands, a global cannabis company, announced the launch of the Take Back Control platform aimed at connecting women with free resources on medical cannabis. The initiative focuses on providing consultations with healthcare practitioners specializing in women’s health to help women make informed decisions regarding medical cannabis. Currently available in Canada, the platform simplifies access to healthcare professionals, allowing women to address their health needs. Tilray Medical is committed to enhancing patient dignity through reliable access to medical cannabis.
Tilray Brands has expanded its CANACA cannabis brand with the launch of three high-potency BHO-infused products: Shredded Weedies™, Crumble Cones™, and Indica 30. These products aim to enhance the cannabis experience for consumers in Canada. The #FeelTheBoost campaign promotes these new offerings, which include infused milled flower and pre-rolls, ensuring consistency and convenience. The products will be available in select regions and retailers across Canada, marking a strategic update in Tilray's product portfolio.
Tilray Brands has acquired Montauk Brewing Company, the #1 craft brewer in Metro New York. This strategic move aims to enhance Tilray's U.S. beverage-alcohol segment, which includes SweetWater Brewing and other brands. Montauk Brewing, known for its strong market presence and distribution across 6,400 retail points, is expected to contribute positively to Tilray's adjusted EBITDA. Veteran executive Ty H. Gilmore has been appointed President of Tilray’s U.S. beer business to drive growth.
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