Tag Archive: Tilray
Tilray Takes Aim at U.S. Cannabis Market, Plans to Raise $250 Million
Leading Canadian cannabis company Tilray is setting its sights on the U.S. cannabis market with the company attempting to raise a quarter-billion dollars in investment capital to acquire U.S. cannabis companies looking forward. Continue reading →
Posted in News on May 28, 2024Cannabis, 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, 2024With 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, 2024Tilray 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, 2024News 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, 2023Canada’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
