TILRAY BRANDS INC Stock Price, News & Analysis

Alpine Beer, a renowned craft brand from SweetWater Brewing Company, opens a new taproom at Petco Park in San Diego, enhancing the fan experience during the baseball season. Located in section 311, the taproom offers a selection of popular brews, including Nelson IPA and Infinite Haze Hazy IPA, alongside local cuisine from Grand Ole BBQ. Fans can also enjoy an outdoor bar with breathtaking views of the San Diego Bay. The taproom will participate in Petco Beerfest events throughout the season, with special beer offerings and live music. This opening signifies Alpine Beer’s commitment to connecting with the local community and elevating the beverage experience at the ballpark.

Breckenridge Distillery has launched the first-ever National Après Day in the U.S. on March 31, promoting the après ski culture and encouraging people to share their après moments with the new #AprèsAnywhere campaign. This initiative invites individuals to post photos on Instagram for a chance to win a monthly swag bag from the distillery. The campaign aims to celebrate accomplishments in both skiing and general life, utilizing the distillery's award-winning spirits as inspiration. Breckenridge Distillery, a subsidiary of Tilray Brands (TLRY), is known for its highly awarded bourbon whiskey.

Tilray Brands, Inc. (Nasdaq: TLRY) announced it will release its third-quarter financial results for the period ending February 28, 2023, on April 10, 2023, after market close. A live audio webcast discussing these results will be held at 5:00 PM ET, accessible via Tilray's website. Stockholders can submit questions for the Q&A session until April 7, 2023, through the Say Technologies platform. Tilray operates globally in the cannabis and consumer packaged goods sectors, focusing on providing high-quality, differentiated products to enhance well-being.

Tilray Brands (NASDAQ | TSX: TLRY) has announced the expansion of Montauk Brewing Company across the northeast, marking its availability in over 3,500 retail locations in New York, New Jersey, Connecticut, and Rhode Island. Montauk Brewing, recognized as the #1 craft brewer in Metro New York, aims to grow its brand nationally. The company has introduced new products like 19.2oz cans and the Ocean Series. Some of its best-selling beers include Wave Chaser IPA and Summer Ale. This strategic move is part of Tilray's plan to diversify its portfolio and enhance consumer accessibility.

Tilray Brands, Inc. (NASDAQ | TSX: TLRY) announced that stockholders approved a Charter Amendment to cancel authorized but unissued Class 1 Common Stock and re-allocate these shares to Class 2 Common Stock, which will be designated as Common Stock. CEO Irwin D. Simon expressed gratitude for the stockholders' support and emphasized Tilray's strategic growth plan, highlighting its leading market position in Canada and Germany, along with a diverse portfolio in the U.S. CPG and craft beverage sectors. The company aims to continue pursuing growth opportunities both organically and through strategic acquisitions.

SweetWater Brewing Company, the 10th largest craft brewer in the U.S., announces the return of its popular Triple Tail Tropical India Pale Ale (IPA) for spring 2023. The beer, known for its fruity hop burst of tangerine, papaya, and pineapple notes, will be available in 12-ounce cans across several states, including Georgia and Tennessee. SweetWater aims to cater to customer demand, having reintroduced this highly requested beer following feedback from craft drinkers. The launch reflects SweetWater's commitment to seasonal offerings and taps into the growing trend of flavorful craft beers.

SweetWater Brewing Company, the 10th largest craft brewer in the U.S., has launched Gone Trippin’, a West Coast Style IPA celebrating its roots. The beer, with an ABV of 7%, features a blend of Cascade, Centennial, Crystal, Chinook, and Citra hops, providing a balanced bitter taste with pine, citrus, and floral notes. Available in 6-packs and 12-packs, Gone Trippin’ is distributed nationally, currently offered in states including Colorado and Georgia, with plans for further expansion. This launch reflects SweetWater's commitment to quality craft beer and marks a return to their West Coast origins.

Tilray Brands, Inc. (Nasdaq: TLRY) announces new product innovations from its CANACA brand, introducing Bursts and Darts across Canada. These products include four milled flower-based offerings: Fruitsplosion and Parmigiano Dankiano Bursts, alongside Fruitsplosion and Magic Mochaccino Darts. The CANACA Bursts feature coarse ground whole flower for a sensorial experience, while Darts come as slender pre-rolls aimed at convenience. Both product lines emphasize high potency and unique flavor profiles, with initial availability in Ontario and national launches planned for spring.

Tilray's Good Supply Launches MONSTERS Pre-Rolls in Canada

On February 22, 2023, Tilray Brands announced the launch of its new Good Supply MONSTERS infused pre-rolls across Canada. These pre-rolls combine two potent strains, delivering a striking 2.38g with a maximum THC content of 1,000mg. This makes them the strongest infused pre-rolls in Canada, featuring unique formulations of milled flower and BHO, coated for a smooth experience. Available in two varieties: Golden Guy (Sativa) and Monkey Walker (Indica), these products target highly experienced users. The MONSTERS pre-rolls aim to expand Good Supply's market presence, initially sold in select provinces.