Tilray Brands, Inc. Common Stock (TLRY)
Tilray Brands, Inc. is a global leader in the production and distribution of medical cannabis, adult-use cannabis, and wellness products. Founded in 2013, the company operates through various subsidiaries and brands, offering a range of cannabis products, including cannabis flowers, oils, and edibles, to both medical and recreational markets worldwide. Tilray emphasizes research, quality, and innovation within the rapidly evolving cannabis industry.
Company News
Tilray Brands is expanding its craft beer portfolio into the Asian market by participating in the American Craft Beer Experience Festival in Tokyo, showcasing brands like 10 Barrel Brewing, Green Flash Brewing, and Alpine Beer Company.
Tilray Brands, a Canadian cannabis producer, has seen its stock rise 20% in 2025 due to potential U.S. marijuana reform and low valuation, despite being down 99% since 2018 and facing significant market challenges.
Tilray's stock surged over 60% on September 29 following political commentary about CBD's medical potential, triggering a short squeeze and drawing attention to the company's improving financial fundamentals.
OrganiGram's stock surged 15% after former President Trump's social media post suggesting potential health benefits of cannabis and a possible shift in federal drug policy, boosting optimism in the cannabis industry.
Tilray Brands reported Q4 2024 revenue of $229.88 million, up 24.8% year-over-year, and EPS of -$0.04 compared to $0.00 in the prior year. The company's performance was mixed compared to analyst estimates, with revenue beating expectations but EPS missing.
