Tilray's slump deepens as a tighter U.S. hemp rule and a reverse split stir uncertainty despite gains in global cannabis sales.
Tilray Brands, Inc. (TLRY) closed the most recent trading day at $0.78, moving 3.76% from the previous trading session.
Nearly six months ago, Tilray Brands (TLRY) stockholders approved a 1-for-10 reverse stock split. Now the cannabis firm has given a date it will take effect, and shares are tanking.
| - Industry | - Sector | Irwin David Simon CEO | XHAN Exchange | US88688T1007 ISIN |
| CA Country | 2,650 Employees | - Last Dividend | 2 Dec 2025 Last Split | - IPO Date |
Tilray Brands, Inc. is a diversified lifestyle consumer products company with a global presence, engaging in the research, cultivation, processing, and distribution of medical cannabis products. Its operations span across Canada, the United States, Europe, Australia, New Zealand, Latin America, and other international regions. The company's business is segmented into Beverage Alcohol, Cannabis, Distribution, and Wellness, reflecting its broad range of activities in the industry. Tilray Brands, Inc. underwent a rebranding from its former name, Tilray, Inc., to its current designation in January 2022, signaling a strategic shift or expansion in its business model. The corporate headquarters is situated in Leamington, Canada, positioning it strategically in one of Canada's prime agricultural and industrial hubs.
The comprehensive portfolio of Tilray Brands, Inc. spans across various sectors including cannabis, beverage alcohol, wellness products, and more, catering to both the medical and recreational markets:
Renowned for its brand diversity, Tilray operates under multiple well-recognized names in the industry, such as Tilray, Aphria, Broken Coast, and Charlotte's Web, amongst others. The brands cover a wide spectrum from beverage alcohol (Shock Top, 10 Barrell, Breckenridge Brewery, SweetWater Brewing, etc.) and wellness products (Manitoba Harvest, CC Pharma) to a variety of cannabis-related offerings (Good Supply, Solei, Mollo, Chowie Wowie, Original Stash, Canaca, RIFF). Furthermore, the company has extended its portfolio through acquisitions and partnerships, exemplified by names like HEXO, Alpine Beer Company, Green Flash, and Redhook Brewery. Tilray's strategic approach involves not just producing and selling, but also engaging in direct-to-consumer sales and leveraging relationships with retailers, wholesalers, healthcare professionals, and governmental bodies globally.