Tilray Brands, Inc. (TLRY)

NASDAQ: TLRY · IEX Real-Time Price · USD
1.650
-0.030 (-1.79%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-1.79%
Market Cap 1.36B
Revenue (ttm) 743.25M
Net Income (ttm) -351.95M
Shares Out 825.84M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,857,292
Open 1.670
Previous Close 1.680
Day's Range 1.650 - 1.680
52-Week Range 1.530 - 3.400
Beta 2.23
Analysts Hold
Price Target 2.25 (+36.36%)
Earnings Date Jul 24, 2024

About TLRY

Tilray Brands, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. It also offers medical and adult-use cannabis products; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-ba... [Read more]

Sector Healthcare
IPO Date Jul 19, 2018
Employees 1,600
Stock Exchange NASDAQ
Ticker Symbol TLRY
Full Company Profile

Financial Performance

In 2023, Tilray Brands's revenue was $627.12 million, a decrease of -0.20% compared to the previous year's $628.37 million. Losses were -$1.45 billion, 204.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TLRY stock is "Hold." The 12-month stock price forecast is $2.25, which is an increase of 36.36% from the latest price.

Price Target
$2.25
(36.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Is Tilray's $2B Valuation Just The Beginning? Analyst Sees $10B Market Opportunity, Initiates Coverage

With a $2 billion valuation, Tilray Brands TLRY ranks as the largest cannabis company outside the U.S., leading in international sales and the Canadian recreational market. Pablo Zuanic of Zuanic & As...

4 days ago - Benzinga

Tilray Brands Announces Runner's High Brewing Company – Its New Brand of Premium Non-Alcoholic Brews

Tilray Beverages announced the launch of Runner's High Brewing Company, a new non-alcoholic brand for those who love a great beer flavor without the buzz.

5 days ago - GlobeNewsWire

Celebrate Canada Day with Tilray Brands

TORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, invites Canadians to elevate their ...

6 days ago - GlobeNewsWire

Canadian Vs. U.S. Cannabis Companies: Who Is Winning The Market Race To Weed Profits?

The financial landscapes of Canadian and U.S. cannabis operators showcase distinct paths in the quest for profitability, driven by varying market dynamics and regulatory environments. According to rec...

Other symbols: ACBCURLFGTBIFTCNNF
7 days ago - Benzinga

Breckenridge Distillery Releases Award-Winning Collectors Art Series Collaboration With Abby Wren

The fourth edition of Breckenridge Distillery's Collectors Art Series combines the art of blending color and blending whiskey, featuring artist Abby Wren.

7 days ago - GlobeNewsWire

Legal cannabis sales eat into beer revenue, survey data shows

Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...

11 days ago - Market Watch

Tilray Medical Launches Broken Coast Medical Cannabis Brand in Australia

NEW YORK and SYDNEY, June 20, 2024 (GLOBE NEWSWIRE) -- Tilray Medical, a division of Tilray Brands, Inc. ("Tilray Brands") (NASDAQ: TLRY and TSX: TLRY) and a global leader in medical cannabis, empower...

12 days ago - GlobeNewsWire

June 2024: Canadian Cannabis Stocks with High Potential

The global cannabis industry and top marijuana stocks are experiencing significant growth, making it an attractive sector for investors. Currently valued at over $20 billion, the industry is projected...

Other symbols: CGCCRON
14 days ago - MarijuanaStocks

Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth'

Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF CNBS, is renowned for recognizing the potential of the cannabis sector early on. In an exclusive interview with Benzinga Cannab...

Other symbols: ACBCGCCRON
15 days ago - Benzinga

The Best Marijuana Stocks To Watch Now 2024

Most marijuana stock investors are keeping focused on the future of the sector. Also, some have adapted to the volatile trading and consistent variables that impact trading. So for instance when a com...

Other symbols: SNDLVFF
18 days ago - MarijuanaStocks

Tilray Beverages Announces Campaign to Raise Awareness for Men's Health

NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or “Tilray”) (Nasdaq | TSX: TLRY), a leading global lifestyle and consumer packaged goods company inspiring and empower...

18 days ago - GlobeNewsWire

Embrace the Spirit of Summer and Create Shareable Moments with Good Supply Cannabis

This summer, Good Supply cannabis spotlights their most shareable and convenient formats, with exciting flavours that are perfect for the season ahead.

20 days ago - GlobeNewsWire

How the Biden administration could help these cannabis stocks grow

U.S. reclassifying marijuana would give companies a tax break and more cash to spend

Other symbols: ACBCGCCRON
26 days ago - Market Watch

Redecan Cannabis Introduces New Top Shelf Flower 'Purple Churro'

Tilray's Canadian cannabis brand Redecan launches 'Purple Churro' – a sensational new flower offering making its debut in time for National Churro Day.

26 days ago - GlobeNewsWire

June 2024 Watchlist: Top Canadian Cannabis Stocks to Watch

As the cannabis industry continues to grow, investors are closely watching top Canadian marijuana stocks this week. The global cannabis market is projected to reach $73.6 billion by 2027, with the U.S...

Other symbols: CGCCRON
4 weeks ago - MarijuanaStocks

Breckenridge Brewery Announces 'On Tap with KBCO' Concert Series Featuring Gary Clark Jr.

Tickets Available Now and Through June 10th LITTLETON, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Breckenridge Brewery (“Breck Brew”), a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a...

4 weeks ago - GlobeNewsWire

Top Canadian Marijuana Stocks To Watch Right Now 2024

Marijuana stock investors are seeing the continued volatile action in the sector. There are more unknowns regarding reform and regulations that lead to more speculative trading. Still, the interest in...

Other symbols: ACBCGC
4 weeks ago - MarijuanaStocks

Solei Brand Introduces New Cannabis-Infused ‘Warming Deep Tissue Stick'

Solei's New Cannabis-Infused Topical Solution is Made for Active Lifestyle Enthusiasts Solei's New Cannabis-Infused Topical Solution is Made for Active Lifestyle Enthusiasts

5 weeks ago - GlobeNewsWire

Tilray to sell a large block of stock as it preps for cannabis reclassification

Tilray Brands Inc. is getting ready for marijuana to be reclassified as a less dangerous drug in the U.S., as the cannabis company is looking to raise money through the sale of shares so it can expand...

6 weeks ago - Market Watch

Tilray Brands Announces At-The-Market Program to Fund Strategic and Accretive Acquisitions and Accelerate Expansion Plan Upon U.S. Cannabis Rescheduling When Effective

NEW YORK and LEAMINGTON, Ontario, May 17, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (Nasdaq | TSX: TLRY), a leading global lifestyle and consumer packaged goods c...

6 weeks ago - GlobeNewsWire

Weed stocks pop as Biden backs marijuana reclassification

Cannabis stocks are rising after President Joe Biden publicly endorsed the Justice Department's recommendation to loosen restrictions on marijuana, reclassified from a Schedule I to a Schedule III dru...

Other symbols: ACBCGCCURLFSNDL
6 weeks ago - Yahoo Finance

SweetWater Brewing Launches New Sunset Sippin' Cocktail Inspired Hard Seltzers

ATLANTA, May 16, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), one of the largest craft brewers in the Southeast and a subsidiary of Tilray Brands, Inc.  ...

6 weeks ago - GlobeNewsWire

Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help.

When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s.

Other symbols: MAPYPLVACBCGCCRON
6 weeks ago - Market Watch

May 2024 Watchlist: Top Canadian Cannabis Stocks Heating Up the Market

As we explore the bustling Canadian cannabis market, several marijuana stocks stand out this week, warranting a closer look. These companies, thriving amid a globally expanding industry, have shown re...

Other symbols: CGCVFF
7 weeks ago - MarijuanaStocks

Pot Stocks Going Higher In 2024?

How will rescheduling cannabis impact pot stocks? Dan Ahrens expects a domino effect of various federal level reforms to clarify medical and adult use legality.

Other symbols: ACBCGCCRON
7 weeks ago - Schwab Network