Tilray Brands, Inc. TLRY

RE:RE:RE:Cannabis Infused Beverages - Taking Off

[quinlash]

Ventura2020 wrote:

quinlash wrote:

Ventura2020 wrote:

Cannabis Beverages rapidly expanding in Canada and USA. 

Tilray Brands with 40% Market Share in Canada and the leader in Cannabis Beverages. Giving a helping hand to others to join the market. 

https://www.prnewswire.com/news-releases/mary-jones-cannabis-sodas--edibles-expanding-into-canada-302054389.html

https://stockhead.com.au/news/asx-health-stocks-althea-strikes-deal-in-canada-will-make-40pc-of-all-cannabis-infused-drinks-in-the-country/?amp

https://www.app.com/story/news/local/new-jersey/marijuana/2024/02/06/nj-legal-weed-cannabis-drinks-beverages/72485057007/

https://www.dallasnews.com/business/retail/2024/01/31/texas-liquor-retailer-specs-adds-its-first-cannabis-seltzer-to-its-shelves/?outputType=amp

The award-winning brand will launch in Ontario with its 10MG THC-sodas in a variety of Famous Jones flavors, including Berry Lemonade, Boot Rear (Root Beer) And Col.Ahhhhh (Cola), uniquely labeled for Canadian cannabis packaging and naming requirements. The sodas use the same pure cane sugar recipe as mainline Jones, adapted for cannabis. Cannabis consumers in Canada can enjoy Mary Jones THC-infused sodas alone, mixed in craft cocktails, floats and much more. Mary Jones is also exploring future expansion into other cannabis categories in the Canadian market, bringing the beverage flavors into other product formats. Manufacturing and distribution in Canada is through Tilray Brands, one of the leading companies in the cannabis market worldwide. Top firm Green Hedge will support sales and field marketing in Canada for Mary Jones.

 

The excitment around Cannabis Drinks was certainly higher back in 2018 (+/-) however I still believe the product offering holds huge potential for those companies continuing to bring these products to market.

At some point I believe Pepsi will bring the Cannabis drinks they are testing out in Germany back to North America and that Coke will formally get into the market as well. 

Back in 2018 or so they did get into talks with some Canadian LPs however no deal was signed off at that time.  I believe the hold up was likely due to US not being legal yet.

jmho

Tilray Brands certainly has some great beverage option on the market.
Local Cannabis stores having a hard time keeping the coolers full. Can't get the product fast enough to keep up with demand. 
Looking forward to some new stats on beverages in Canada. Spring and Summer will be the tell all tale on where it's at. 

Cheers,
V

 

V, I will take your word on that.  Usually when I go out to load up on the drinks I grab enough for the month.  Using them for pain relief and as a sleep aid.  My product testing is mostly complete on those (outside of the RIFF drinks).

Come to think on it, anyone coming in behind me may see empty shelves, that's funny, we might shop at the same place !