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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) 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, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by Ventura2020on Sep 04, 2023 9:43am
83 Views
Post# 35618652

RE:Tilray will become the fifth-largest craft brewer in U.S.

RE:Tilray will become the fifth-largest craft brewer in U.S. Meanwhile Tilray's alcoholic beverage revenue soared 33% to $95 million. The addition of its newly acquired brands from AB InBev will triple the size of Tilray's beer business, from 4 million to 12 million cases. This will also make Tilray the United States' fifth-largest craft brewer (up from ninth previously) with pro forma beverage alcohol portfolio revenue of $300 million. Even better, Tilray will enjoy new distribution relationships through the Anheuser-Busch system going forward, significantly strengthening its distribution footprint.
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