Tilray

Tilray Brands Inc is an equity in the USA market. The price is 0.5387 USD currently with a change of 0.05 USD (0.11%) from the previous close. The latest open price was 0.4895 USD and the intraday volume is 43044202. The intraday high is 0.5457 USD and the intraday low is 0.46 USD. The latest trade time is Thursday, July 3, 14:15:00 PDT.

Tilray Brands, Inc. is a leading global consumer packaged goods company specializing in the research, cultivation, processing, and distribution of medical and adult-use cannabis products, as well as craft beverages and wellness products. Established in 2013, Tilray has expanded its operations across multiple continents, including North America, Europe, Australia, and Latin America.

Product Portfolio

Tilray's diverse product offerings are organized into four primary segments:

• Beverage Alcohol: This segment encompasses a range of craft beers, spirits, ready-to-drink cocktails, ciders, energy drinks, and non-alcoholic beverages. Notable brands include SweetWater Brewing Company, Montauk Brewing Company, and Breckenridge Brewery.
• Cannabis: Tilray provides a comprehensive selection of medical and adult-use cannabis products, such as whole flower, pre-rolls, vapes, concentrates, oils, edibles, topicals, and THC-infused drinks. Brands under this category include Aphria, Broken Coast, and Redecan.
• Distribution: The company engages in the distribution of pharmaceutical and wellness products, leveraging its extensive network to reach a broad consumer base.
• Wellness: Tilray offers hemp-based food products, ingredients, and snacks through its Manitoba Harvest brand, as well as CBD-infused beverages under the Happy Flower brand.

Global Presence

Tilray operates in over 20 countries, including Canada, the United States, Europe, Australia, and Latin America. The company's headquarters are located in New York City, USA.

Recent Developments

In August 2023, Tilray expanded its beverage portfolio by acquiring eight beer and beverage brands from Anheuser-Busch InBev for $85 million. This strategic acquisition includes brands such as Blue Point Brewing Company and Breckenridge Brewery, further solidifying Tilray's position in the craft beer industry.

Locations

Tilray has operations in several locations across the United States, including:

• Warren, MI, USA: This location serves as one of Tilray's operational centers.
• Atlanta, GA, USA: Another key operational site for the company.
• Eugene, OR, USA: Tilray maintains operations in this location as well.

These facilities contribute to Tilray's extensive distribution network, enabling the company to serve a wide range of consumers across the country.

Tilray's commitment to quality, innovation, and consumer well-being has established it as a prominent player in the global consumer packaged goods industry, particularly within the cannabis and beverage sectors.