Tilray Brands announces a diverse range of cannabis beverages in Canada, catering to various consumer preferences and lifestyles.
Quiver AI Summary
Tilray Brands, Inc. has announced the launch of a diverse range of cannabis beverages in Canada, designed to cater to various consumer tastes and occasions through their brands Solei, Mollo, and XMG. These innovations include a selection of refreshing seltzers, sparkling drinks, teas, and sodas with varying cannabinoid content. New offerings such as Mollo's Blackberry Seltzer and Solei's Dragonfruit Watermelon join established favorites, providing enjoyable alternatives for social gatherings. With operations across multiple countries, Tilray aims to lead the market in cannabis beverages while promoting wellness and connection through their extensive product portfolio. Consumers can find these beverages nationwide at select retailers and online.
Potential Positives
- Tilray Brands is positioned as a leader in the cannabis beverage market in Canada, indicating strong brand recognition and market share.
- The introduction of new products like Mollo Seltzers and Solei beverages suggests innovation and a commitment to meeting diverse consumer preferences.
- The wide availability of products, both in retail and online across Canada, demonstrates effective distribution strategies and accessibility for consumers.
- Tilray supports over 40 brands in over 20 countries, showcasing its extensive reach and influence in the global cannabis and consumer goods market.
Potential Negatives
- Despite promoting a wide range of products, the press release does not provide any specific sales figures or performance metrics, which could indicate a lack of transparency regarding the company's financial health.
- The language throughout the release heavily relies on marketing jargon without substantiating claims of leadership or innovation in the cannabis beverage market, potentially undermining credibility.
- The inclusion of forward-looking statements with numerous potential risks and uncertainties may create concerns for investors regarding the stability and direction of the company.
FAQ
What brands does Tilray offer in Canada?
Tilray offers several cannabis brands in Canada, including Solei, Mollo, and XMG, each featuring unique beverages.
What types of beverages are available from Tilray?
Tilray provides a variety of cannabis beverages, including sparkling drinks, seltzers, sodas, and cold brew teas with different cannabinoid offerings.
Where can I purchase Tilray cannabis beverages?
Tilray's products are available nationwide across Canada at select retail stores and online for consumer convenience.
What is the THC content in Mollo Seltzers?
Mollo Seltzers typically contain 10mg of nano-emulsified THC per 355mL can, providing a refreshing cannabis experience.
How does Tilray aim to enhance consumer experiences?
Tilray focuses on innovative products that inspire joy and wellness, aiming to elevate lives through memorable moments and connections.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TLRY Insider Trading Activity
$TLRY insiders have traded $TLRY stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here's a breakdown of recent trading of $TLRY stock by insiders over the last 6 months:
- CARL A MERTON (Chief Financial Officer) purchased 26,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TLRY Hedge Fund Activity
We have seen 122 institutional investors add shares of $TLRY stock to their portfolio, and 120 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 5,304,715 shares (+112.1%) to their portfolio in Q3 2024
- HIGHBRIDGE CAPITAL MANAGEMENT LLC added 2,207,100 shares (+74.0%) to their portfolio in Q3 2024
- CITADEL ADVISORS LLC added 1,851,375 shares (+inf%) to their portfolio in Q3 2024
- BNP PARIBAS FINANCIAL MARKETS added 1,690,827 shares (+1314.1%) to their portfolio in Q3 2024
- TIDAL INVESTMENTS LLC removed 1,306,242 shares (-11.9%) from their portfolio in Q3 2024
- PRENTICE CAPITAL MANAGEMENT, LP removed 1,291,616 shares (-92.8%) from their portfolio in Q3 2024
- POINT72 ASSET MANAGEMENT, L.P. added 765,922 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) --
Tilray Brands, Inc
. (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer goods company, offers a wide range of innovative and refreshing cannabis beverages for every taste, perfect for any occasion. Consumers are invited to explore the Solei, Mollo, and XMG cannabis brands in Canada for a variety of cannabinoid offerings and flavours, catering to different lifestyles.
Tilray Brands is leading the way in the cannabis beverage market in Canada, offering an extensive portfolio of brands and products to meet the diverse preferences of consumers. From refreshing fruit-based beverages to classic cream sodas with delicious flavours, Tilray Brands ensures there is something for everyone in their versatile brands and THC beverages.
Mollo
Seltzers
Mollo Seltzers offers a range of refreshing and delicious seltzer flavours that are perfect for those looking to expand their current go-to list:
Blackberry
: Meant for sipping back and unwinding, Mollo's Blackberry Seltzer is loaded with sweet and tart ripe berry flavours, with
10mg of nano-emulsified THC and 20mg of CBG
per 355mL can.
*NEW*
Wildberry Acai:
Coming Soon!
*NEW*
Watermelon Lime:
Coming Soon!
Solei
Sparkling Beverages
and
Teas
Solei sparkling beverages are a great way to experiment with mocktail options whether you're unwinding after a long day, adding a little something special to go along with a mid-day pick-me-up, or serving up some infused options for your next social gathering.
Blood Orange
: Invigorating citrus in a can with mild sweetness and tart, floral flavours, with
5mg THC, 10mg CBG
.
Dark Cherry:
Complex dark cherry flavours with just the right amount of sweetness featuring
5mg THC, 10mg CBD
.
Dragonfruit Watermelon
: A perfectly blended and mildly sweet dragonfruit and juicy watermelon fusion with a low dose of
1.1mg THC, 25mg CBD
.
Mango Passionfruit
: A sweet, tropical blend of mango and passionfruit, mixed in perfect harmony featuring a low dose of
1.1mg THC, 25mg CBD
.
For those looking for a carbonation-free option,
Solei
's Cold Brew Teas are made using a black tea base blended with real fruit juice in 355mL cans and come in two unique and invigorating flavours at
5mg THC and 10mg CBG
:
Peach Cranberry
: Refreshing peach and cranberry blended with cold brew tea
Wildberry Hibiscus
: Juicy wild berries and hibiscus blended with cold-brew tea
XMG
Sodas
XMG's sodas offer a series of bubbly beverages with nostalgic flavours that deliver peak refreshment, with cannabinoid variations that provide the ultimate chill:
XMG+:
Blackberry Lemonade:
Very berry refreshment mingles with bold tartness in XMG+ Blackberry Lemonade. You'll be sipping on sunshine with real lemon and blackberry fruit juices infused with nano-emulsified
10mg THC, 10mg CBG and <30mg caffeine
from guarana extract.
Iced Rocket Berry:
Ignite your tastebuds with an ice-cold blast of berry and lime featuring
10mg THC and 10mg CBG
, including guarana extract in a 355mL can.
XMG Zero
(
10mg THC each
):
Cream Soda Zero:
Enjoy every sip with this dreamy blend of vanilla and caramel flavours with
10mg THC and 0 calories
Cherry Cola Zero:
Cherry Cola Zero comes with all-natural flavours and a rollercoaster of classic cherry cola vibes with
10mg THC and 0 calories
Orange Soda Zero
: Bold, citrus satisfaction in a can, this one's sure to take you back to the good old days with a side of
10mg THC and 0 calories.
Mollo Seltzers, Solei CBD and CBG Beverages, and XMG Sodas are perfect for anyone seeking innovative, non-traditional alternatives to celebrating life's moments. These products are available nationwide across Canada at select local retail stores and online. For more information on Solei, Mollo and XMG brands, visit Tilray.com.
About Tilray Brands
Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray's mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy, wellness and create memorable experiences. Tilray's unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit
Tilray.com
and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, "forward-looking statements") under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. Forward-looking statements can be identified by words such as "forecast," "future," "should," "could," "enable," "potential," "contemplate," "believe," "anticipate," "estimate," "plan," "expect," "intend," "may," "project," "will," "would" and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, and the Company's ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
For Further Information Please Contact:
Media:
News@Tilray.com
Investors:
Investors@Tilray.com
Photos accompanying this announcement are available at:
