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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

Post by DaveInCalgaryon Nov 13, 2023 12:21pm
133 Views
Post# 35732167

Tilray Brands - USA Premier Craft Beverages

Tilray Brands - USA Premier Craft Beverages

Oregon Brewery Sheds Bud, Creates Its HopBurst Family


It’s been quite an eventful year for Oregon-based 10 Barrel Brewing. The brewery was sold by Anheuser-Busch to Tilray Brands, its beers won three medals at the prestigious Great American Beer Festival and it recently cobbled together three flagship IPAs in a marketing initiative.

10 Barrel was one of eight beer and beverage brands acquired from Anheuser-Busch by Tilray, a cannabis and packaged goods company. The other brands were Widmer Brothers, Redhook Brewery, Square Mile Cider, Breckenridge Brewery, Blue Point Brewing, HiBall Energy and Shock Top Wheat.


The acquisition, according to Tilray, is expected to increase the company’s craft beer market share to 5% and make the company the fifth-largest craft beer brewer in the USA. 10 Barrel, founded in 2006 in Bend, Oregon, has two brewpubs in Bend and brewpubs in Portland, Oregon, and Boise, Idaho.The brewery was awarded three medals in September in Denver at the Great American Beer Festival, the Oscars of the U.S. craft beer industry. Gold medals were won for Brilliant in the American Sour Ale category and Riviera in the German Sour Ale category. Cucumber Crush was awarded a silver medal in the Field Beer competition.

Last year at the Great American Beer Festival, 10 Barrel’s Gindulgence captured a gold medal in the Specialty Berliner-Style Weisse category, and Riviera won a bronze medal in the German Sour Ale competition.

10 Barrel also racked up awards at this year’s World Beer Cup, which hails itself as “the most prestigious beer competition in the world.” More than 2,300 breweries in 51 countries entered 10,213 beers in the competition.

Craft beer enthusiasts often keep it lively at the Boise, Idaho, brewpub of 10 Barrel Brewing Co.Gindulgence, Cucumber Crush and BeeLoved (in the
Honey Beer category) won gold medals, and Baywindow
grabbed a silver medal in the German-Style Sour Ale competition.

In September, 10 Barrel unveiled a new marketing initiative,
launching its HopBurst Family of beers. It consists of three
flagship IPAs — Apocalypse IPA, Cloud Mentality and
All Ways Down — and a new addition that will debut next year.

The four beers “are now uniquely amplified with hop bursting
— a technique that involves dumping loads of hops into each
batch at the end of the hop bursting process to enhance flavor
and aroma,” 10 Barrel says.

 

Brian Hughes, the brewery’s marketing director, says it was
time to refresh the image of the three beers.

We were excited about the opportunity to rebrand three of
our flagship IPAs, tying them together with some incredible
custom artwork by Kyle Sauter,” Hughes says. “Apocalypse IPA
is an icon in Oregon and has been our No. 1 IPA for a long time,
and Cloud Mentality and All Ways Down are two of the
fastest-growing IPAs in our portfolio. The IPA market is
extremely competitive in the Pacific Northwest, and this rebrand represents a great opportunity to renew our focus on our most
loved brands and the most popular IPA styles: West Coast,
imperial and hazy.”

The IPAs are currently sold in Oregon, Washington, Idaho and
California. The company’s acquisition by Tilray could lead to
sales in other states, Hughes says.

10 Barrel brewmaster Jimmy Seifrit admits that the hop
bursting process used to brew the IPAs is not an innovative new
technique but one that 10 Barrel “really believes in and help
sets our beers apart.” Seifrit provides more details about each
beer in the brewery’s HopBurst Family.

“The philosophy behind Cloud Mentality was to create a pillowy
malt base that captures the pleasant fruitiness flavor of the hops,” he says. “The hopbursting technique of cooling the whirlpool to get
under the isomerization threshold delivers flavor from the
hops’ oils without overly extracting alpha acids and making the
beer overly bitter.”

10 Barrel’s idea behind All Ways Down “was to create a super
drinkable double IPA at 9% ABV,” Seifrit says. “The hopburst
method helps amplify the hop character we are looking for but,
at the same time, keeps it drinkable. It’s a high ABV beer with
tons of hop flavor that drinks like a 6.5% IPA.”

Apocalypse IPA was brewed as a traditional West Coast IPA.

“We adapted this beer to be more within the times — more flavor,
less bitterness,” Seifrit says. “The bitterness we deliver with
Apocalypse is a softer pine bitterness. The bitterness is
counterbalanced by a big hop of grapefruit and pine citrus.
The hop presence has evolved to feature a more impactful
aroma and flavor-forward character.”

10 Barrel’s three other flavorful beers that won medals in
September at the Great American Beer Festival were joined by
20 other Oregon breweries’ beers that captured awards at the competition.

“Oregon and the Pacific Northwest are an epicenter of brewing innovation,” Hughes says. “10 Barrel is at the frontier of a
movement to push craft beer into new realms, try new and
exciting techniques that yield revelations in the community,
create the best damn beer possible and have fun doing it.
We’re proud to be part of such a powerful force in the
American beer scene.”


https://www.forbes.com/sites/garystoller/2023/11/08/
oregon-brewery-sheds-bud-creates-its-hopburst-family/?sh=583b449b5941


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