Key Points: Tilray’s CEO and chairman, Irwin D. Simon, is optimistic about potential changes in cannabis regulation following the U.S. presidential election. The company is launching four hemp-derived THC drinks through its Tilray Alternative Beverages unit in key U.S. markets…
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Tilray
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Key Takeaways: Tilray Brands to acquire four craft beer makers from Molson Coors: Hop Valley Brewing Company, Terrapin Beer Co., Revolver Brewing, and Atwater Brewery. Tilray CEO Irwin Simon sees the acquisition as a way to drive revenue, generate cost…
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Tilray’s Focus on Beverages Leads to Growth Tilray’s interest in beverages is driving growth for the company, with a 26% net revenue increase in the last year. According to Tilray’s earnings report, cannabis revenue saw a 24% increase, and net…
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Dive Brief: Tilray Brands introduced Runner’s High Brewing Company, a new nonalcoholic beer brand targeting active consumers seeking a healthier beer alternative. The brand will first launch in Atlanta, with plans for further market expansion later in the year. The…