NEW YORK and LEAMINGTON, Ontario, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or "Company") (NASDAQ:TLRY, TSX:TLRY), a global lifestyle and consumer packaged goods company at the forefront of beverage, cannabis and wellness industries, today announced the completion of Phase I of its accelerated growth plan for its cannabis supply chain, which began with increased planting in late 2024. Phase II of the growth plan includes planting the outdoor cultivation site in Cayuga this spring. Tilr ...

Shares of Tilray Brands (TLRY 5.75%) were flying higher on Wednesday. The company's stock gained 7.5% as of 2:25 p.m. ET but gained as much as 20% earlier in the day. The leg up comes as the S&P 500 gained 0.2% and the Nasdaq composite lost 0.1%.Tilray stock received a boost from the release of fellow cannabis company Aurora Cannabis' positive earnings. This comes on the heels of the cooling of trade tensions with Canada.The numbersThe cannabis business at large has struggled for years now as the market was ...

JetBlue to Serve Montauk Brewing's Surf Beer Golden Ale on All Domestic and International FlightsNEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Montauk Brewing Company (“Montauk Brewing” or “Montauk”), a beloved and rapidly growing craft brewer renowned for its exceptional craft beers, and a Tilray Brands, Inc. company (NASDAQ: TLRY and TSX: TLRY), today announced that The Surf Beer Golden Ale is now available for JetBlue customers on all domestic and international flights starting this month. As the first air ...

ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- SweetWater Brewing Company ("SweetWater Brewing" or "SweetWater"), the largest craft brewer in the Southeast and a Tilray Brands, Inc. company (NASDAQ:TLRY, TSX:TLRY) proudly introduces Dive Beer—a crisp, no-frills lager that channels the laid-back spirit of dive bars everywhere. Dive Beer offers a fresh take on what it means to enjoy a simple, satisfying brew. Crafted for beer enthusiasts who value simplicity and affordability, Dive Beer sets a new standard for th ...

Company Activities - Tilray Brands announces nationwide game day events at its craft breweries, featuring premium craft brews and curated wing offerings for fans on February 9th, 2025 [1] - Participating breweries include SweetWater Brewing Co, Montauk Brewing Co, Breckenridge Brewery, Blue Point Brewing Co, 10 Barrel Brewing Co, Hop Valley Brewing Co, Redhook Brewing Co, Terrapin Beer Co, and Atwater Brewery [1] - SweetWater Brewing Co hosts watch parties at its Atlanta Taproom with exclusive food and beverage deals, quarterly giveaways, and half-time raffles [2] - Montauk Brewing Co partners with Fierro's Pizza in Montauk, NY, offering a combination of Montauk's brews and Fierro's specialty pizzas [3] - Breckenridge Brewery organizes game day events at three locations in Colorado, featuring Happy Hour specials, game day slushies, and giveaways [4][5] - Blue Point Brewing Co hosts a BIG GAME House Party raffle with extended hours, drink and food specials, and a football toss competition [6] - 10 Barrel Brewing Co offers happy hour specials, engaging competitions, and limited-edition merchandise at its brewpubs in West Bend, East Bend, Portland, and Boise [7] - Hop Valley Brewing Co provides a 6-pint Beer Tower, Pretzel and Pint Duo Deal, and Game Day Quarterly Drawing at its Eugene and Springfield locations [8] - Redhook Brewing Co offers exclusive Brewlab food offerings, craft pizzas, and burgers at its Ballard brewpub, along with Ultimate Group To-Go Game Day Packs [9] - Terrapin Beer Co promotes its Terrapin-to-go lineup, including High & Hazy IPA, IPA Survival Kit, and Hopsecutioner IPA for game day celebrations [10] - Atwater Brewery offers Atwater BIG GAME Survival Kit with wing and sandwich packs for home celebrations [11] Company Overview - Tilray Brands is a global lifestyle and consumer packaged goods company operating in Canada, the US, Europe, Australia, and Latin America [13] - The company focuses on cannabis, beverage, wellness, and entertainment sectors, aiming to create memorable experiences through its house of brands [13] - Tilray supports over 40 brands in more than 20 countries, including cannabis offerings, hemp-based foods, and craft beverages [13] Additional Information - For more details on game day activities and product availability, visit the brand websites [12] - Tilray's mission is to be a leading premium lifestyle company with innovative products that inspire joy and connection [13]

During the past five years, the reality of the cannabis industry has not lived up to the hype that accompanied Canada's historic legalization of pot for recreational use in 2018. Cannabis stocks have largely generated abysmal returns during much of that time. Tilray Brands (TLRY 1.79%), a leader in the sector, is no exception. However, the company has made significant changes to its business recently and continues to plan for the future in case cannabis legalization progresses. With that in mind, could Tilr ...

ATHENS, Ga., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Terrapin Beer Co., a Tilray Beverages craft beer brand under Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), is excited to announce the 20th anniversary of its Wake-n-Bake Coffee Oatmeal Imperial Stout seasonal beer and the annual Wake-n-Bake Off event on Sunday, January 26th, 2025, at the Terrapin taproom in Athens, GA. In celebration of its 20th anniversary, guests will have the chance to observe local restaurants competing to craft the finest dish featurin ...

Company Performance - Tilray Brands' valuation has plummeted by 94% over the past five years, making it one of the worst-performing cannabis stocks [1] - The company reported an operating loss of $42.2 million for the fiscal period ended Nov. 30, worse than the $41.8 million loss a year ago, despite a 9% increase in revenue [4] - Operating cash flow for the past six months was a negative $76 million, accelerating from the $46.3 million cash burn during the same period a year earlier [4] Diversification Strategy - Tilray has been diversifying by acquiring alcohol brands to expand its presence in the U.S. market, as national marijuana legalization remains uncertain [2] - The company has acquired over 20 alcohol brands, but this has led to a bloated portfolio, with some slow-growing SKUs being removed [5] - The focus on growth through acquisitions may not be leading to a stronger bottom line, as the company appears to prioritize growth over profitability [5] Market and Regulatory Environment - Optimism around marijuana legalization has waned, particularly with the new Republican government, which typically takes a harder stance on drugs [6][7] - The AdvisorShares Pure US Cannabis ETF has declined by 50% in the past three months, reflecting poor investor sentiment [7] - Without significant progress in U.S. marijuana legalization, Tilray's future prospects remain uncertain [8] Investment Outlook - Tilray remains a highly risky stock, with no guarantee of survival over the next five years if it continues to burn cash and incur heavy losses [9][10] - The stock is likely to appeal only to speculative investors with a high risk tolerance, as there are better growth stock options available for most investors [10]

Any investor hoping to reap the rewards by holding marijuana companies must be a shiny-eyed optimist at this point. Weed companies are among the worst performers on the stock exchange since they are constantly barraged by headwinds in North America. At the very least, they have to contend with heavy competition, punitive levels of taxation, and (in the case of the U.S.) patchy, inconsistent legalization.One of the larger players on the pot market is Tilray Brands (TLRY), and its difficult 2024 mirrored the ...

I am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have been active in the markets for several years, and am primarily focused on long/short equities. I hold a Bachelor of Science Degree from Lehigh University, where I double majored in Finance and Accounting, with a minor ...