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Tag Archive: Tilray

Cannabis, Alcohol Acquisitions Boost Revenue For Tilray

Cannabis and beverage alcohol player Tilray saw revenue grow 30% to $188 million year-on-year in its fiscal third quarter ended in February, propelled by recent craft beer acquisitions in the U.S. and cannabis purchases in Canada. Continue reading →

Posted in News on April 16, 2024

With Truss Acquisition, Tilray Boosts Canadian Beverage Portfolio

Ontario-based cannabis producer Tilray has completed its acquisition of Truss Beverages from Molson Coors, giving Tilray a dominant 40% market share of Canadian cannabis beverages. Continue reading →

Posted in News on January 30, 2024

Tilray Posts 34% Sales Boost, With Cannabis And Alcohol Both Rising

For its second quarter of its fiscal 2024 ended in November, cannabis and beverage alcohol group Tilray posted net revenue of $194 million, a 34% jump over Q2 2023. Continue reading →

Posted in News on January 16, 2024

News Briefs for December 29, 2023

•Napa Valley winemaker Julien Fayard, along with sommelier Camille Gaïo, is introducing Les Vins Julien “Le Blanc Light,” a white field blend of California grapes from the Sierra Foothills. Continue reading →

Posted in News on December 29, 2023

Canada’s Cannabis Drinks Market Rises From A Small Base Amid Challenges

When recreational cannabis was legalized in Canada five years ago, investment by beverage suppliers and wholesalers was robust. Continue reading →

Posted in News on December 12, 2023

Cannabis Briefs for November 21, 2023

•Oregon-based Wyld has released new boysenberry-flavored gummies, aimed at consumers looking for a cannabis-based sleep aid. Continue reading →

Posted in News on November 21, 2023

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