Cannabis and alcohol company Tilray acquires craft brewer Montauk

Tilray Brands has taken another step into the beverage alcohol sector, adding New York craft-beer brewer Montauk Brewing Co. to its cannabis and alcohol portfolio.

Charlotte’s Web, Tilray sign Canadian manufacturing, distribution deal for CBD

Canadian cannabis producer Tilray Brands and Charlotte’s Web Holdings entered a “strategic alliance” to license, manufacture and distribute the Colorado-based manufacturer’s hemp-derived CBD products in Canada.

Tilray reports $66 million loss as cannabis sales decline

Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended Aug. 30 as net revenue declined 9% year-over-year to $153.2 million.

Cannabis producer Tilray news release ‘not correct,’ German lawmaker says

German government officials are questioning the veracity of some key facts in a recent news release by cannabis producer Tilray Brands, telling MJBizDaily their meeting with Tilray representatives was “a one-time conversation” and “not part of the preparatory phase” of marijuana legalization.

Cannabis firm Tilray inks distribution deal for CBD products in US

New York-headquartered cannabis company Tilray Brands said its wellness division, Fresh Hemp Foods, signed a distribution deal with Southern Glazer’s Wine & Spirits.

Canadian cannabis company Tilray posts $434 million net loss for 2022

Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and a $434 million net loss for its 2022 fiscal year.

Cannabis producer Tilray will cover travel costs for reproductive care in US

New York-headquartered cannabis producer Tilray Brands said it will cover travel and accommodation expenses, and provide paid time off, for its United States-based employees who need to travel out of state for reproductive health care.

Hexo, Tilray finalize cannabis deal for debt purchase, ‘strategic alliance’

Major Canadian cannabis producers Hexo and Tilray Brands signed a definitive agreement for a “strategic alliance,” with Tilray acquiring Hexo debt in exchange for the right to purchase Hexo shares.

Tilray launches cannabis edible in Quebec despite restrictive regulations

Canadian producer Tilray Brands has launched a line of cannabis edibles in Quebec, working around the provincial government’s strict rules regarding such products.

Tilray hemp foods subsidiary to expand offerings in Whole Foods

Tilray’s hemp food subsidiary, Manitoba Harvest, plans to launch a new line of hemp powders blended with green tea leaves and other greens through grocery chain Whole Foods Market.

Tilray reports positive adjusted EBITDA, but cannabis sales fall sharply

Tilray reported positive adjusted EBITDA of $10 million (12.5 million Canadian dollars) for the three months ended Feb. 28, about 24% lower than the previous quarter after its cannabis sales tumbled to $55 million in the three-month period.

Cannabis producer Tilray throws rival Hexo lifeline via $211 million debt purchase, alliance

New York-based Tilray Brands said Thursday it plans to acquire up to $211 million (267.5 million Canadian dollars) in outstanding senior secured notes issued by Hexo Corp., effectively throwing its troubled rival a lifeline and striking an alliance with the Quebec cannabis producer.