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Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by AndrewWigginon Mar 07, 2024 8:45pm
31 Views
Post# 35921827

RE:Hey ventura - that's great - more flavors to not drink,

RE:Hey ventura - that's great - more flavors to not drink,When I walk my beasts in the park I see countless empty pre-roll tubes but never see any empty THC beverage cans. The money seems to be in pre-rolls.
Keeler wrote: I kinda got bored reading the article - does it mention anywhere in there the fact that - in both Canada and the U.S. - people are drinking less beer?

In Canada, where cannabis is legal - more people are turning to cannabis instead.

In the U.S., where cannabis isn't ;egal - cannabis sales haven't been as positively impacted as in Canada - but alcohol, especially beer and craft beer sales have still dropped as more and more turn to alternatives such as wine and things like high end whiskey and bourbon.

Once cannabis is re-scheduled or actually legalzied in the U.S. - the same effect of less alcohol and more cannabis sales will materialize.

Tilray is an example of a company getting into alcohol - just before a significant decline in the sector. Craft beer had already hit a ceiling - and seeing lost market share and revenues. (all reasons for a well managed company such as AB to recognize trends and act accordingly - ie sell failing craft brewerers to less comeptently managed companies - like Tilray)  

Post by Ventura2020on Mar 07, 2024 8:08pm
18 Views 
Post# 35921778

2024 Beer Market Report

  SweetWater Brewing Co., a subsidiary of Tilray Brands Inc., recently combined flavor innovations with higher ABV content with the release of two additions to the SweetWater Gummies line of brews: Sour Watermelon India Pale Ale (IPA) and Cherry Limeaid IPA, which are both brewed with real fruit and clock in at 9.5% ABV.

Sour Watermelon IPA features a watermelon candy aroma, a crisp fruity body with a hint of tartness, and a slightly sweet finish, the company says. Cherry Limeaid IPA is a lime-forward profile, with a subtle maraschino cherry aroma, a sweet citrus body, and a hint of candy cherry flavor with a clean, sweet finish, the company adds.

Dogfish Head Craft Brewery, a division of The Boston Beer Co., also is adding more flavor to the craft beer market with its springtime brew Mandarin & Mango Crush (6.0% ABV), a citrus-forward fruit ale brewed with boatloads of tart mandarin oranges and juicy Alphonso mangos.

Part of Dogfish Head’s 2024 Art Series, an annual selection of four beers featuring designs by a singular collaborating artist, Mandarin & Mango Crush showcases label artwork by Methane Studios, an Atlanta-based operation made up of an Ohio-native, beer-loving duo, Mark McDevitt and Robert Lee. The team’s otherworldly interpretation of Mandarin & Mango Crush centers on a sea monster amidst shark-infested waters balancing whole oranges and mangos amongst his many tentacles, it says.

Going forward, consumers interest in flavorful innovations will continue to impact craft beer, experts note.

“Demand for sweeter, fruity, bolder flavor profiles across all of alcohol has influenced craft innovation and the brands that are driving segment growth,” Toenies and Piotrowski say.

https://www.bevindustry.com/articles/96452-2024-beer-market-report




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