Tilray Brands, Inc. (TLRY)
TLRY Grows Craft Beer Portfolio by Acquiring Molson Coors Brands
Tilray Brands concludes the acquisition of three craft breweries and related brands from Molson Coors, expanding its position in the U.S. craft beer market.
Tilray Brands, Inc. (TLRY) Trades Flat On The Day: What You Should Know
Tilray Brands, Inc. (TLRY) closed the most recent trading day at $1.70, making no change from the previous trading session.
3 New Reasons to Consider Buying Tilray Brands Stock in 2024
Tilray Brands just executed a major bolt-on acquisition of craft beer brands. It also got the licenses it needs for Germany's medicinal marijuana market.
1 Stock I Wouldn't Touch With a 10-Foot Pole
Tilray's financial results have generally been unimpressive. Regulatory challenges make the company's prospects uncertain.
Tilray Brands Is Buying More Beer Brands, and Its Wheeling and Dealing Isn't Over
Tilray Brands is buying more beer brands to bolster its beverage portfolio. Its beverage business was the biggest source of revenue for Tilray last quarter.
Do These 4 New Moves Make Tilray Brands Stock a Buy?
Tilray Brands is acquiring businesses, working with regulators, and planning ahead. The acquisition of four craft beer breweries will shore up its U.S. operations.
Tilray Brands, Inc. (TLRY) Beats Stock Market Upswing: What Investors Need to Know
The latest trading day saw Tilray Brands, Inc. (TLRY) settling at $1.89, representing a +1.07% change from its previous close.
Tilray Brands stock price analysis: risky but a short squeeze is likely
Cannabis stocks have erased most of the gains made earlier this year as concerns about regulations continued. The AdvisorShares Pure US Cannabis ETF (MSOS) was trading at $7.08 on Friday, down by over 37% from its highest point this year.
Is This News a Game Changer for Tilray?
The Canadian pot purveyor was awarded a new cultivation license in a large European nation. The company's net revenue from sales outside Canada rose 22% in its most recent fiscal year.
Tilray Brands Could Finally Be On a Path to Profitability, and It's All Thanks to This Strategic Move
Tilray has been growing its business outside of just cannabis over the years. Surprisingly, it is now one of the largest craft brewers in the U.S. Stronger margins in the alcohol business are helping Tilray's financials.
Why Tilray Stock Jumped Today
Tilray's craft beer acquisitions are driving sales higher. Management expects continued revenue growth in fiscal 2025.
Tilray: Never Great Under The Surface
Tilray reported strong revenue growth in FQ4, but most of it was not organic, mainly driven by acquisitions in the Beverage Alcohol sector. Despite acquisitions, non-beverage segments saw a decline in non-wholesale sales, raising concerns about the company's ability to manage a far-flung business effectively. The company forecast limited organic growth for Tilray in FY25, making TLRY stock expensive trading at 17x adjusted EBITDA and a history of missing financial targets.
