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Tilray Rolling Out Hemp-Derived Delta-9 THC Beverages Next Month

Tilray Rolling Out Hemp-Derived Delta-9 THC Beverages Next Month

Tilray Brands will launch several hemp-derived Delta-9 THC beverages in “key markets across the U.S.” starting in October, the company announced today. The Canadian cannabis firm has formed a new business unit, Tilray Alternative Beverages, for its Delta-9 beverage portfolio, which includes mocktails, seltzers and sparkling drinks made with hemp extracts.

Brewbound Podcast: Tilray’s Latest Craft Haul

Brewbound Podcast: Tilray’s Latest Craft Haul

Tilray cemented its place as a top five U.S. craft brewery by volume last week with the acquisition of four brands from Molson Coors’ Tenth & Blake division: Atwater, Hop Valley, Revolver and Terrapin.

Tilray to Acquire 4 Craft Brands From Molson Coors

Tilray to Acquire 4 Craft Brands From Molson Coors

Tilray Brands announced “a definitive agreement” with Molson Coors Beverage Company to acquire four craft beer brands in its Tenth & Blake division.

Tilray Bev-Alc Division Reports +117% Revenue Growth in Q2; Gross Margin Down -13%

Tilray Bev-Alc Division Reports +117% Revenue Growth in Q2; Gross Margin Down -13%

The beverage alcohol division of Canadian cannabis giant Tilray grew revenue +117%, to $46.5 million, in the second quarter of the company’s fiscal year compared to the same quarter last year, the company reported Tuesday. However, the division’s gross margin declined -13% year-over-year (YoY), to 34%, in the quarter, driven by Tilray’s acquisition of eight… Read more »

Tilray to Acquire Montauk Brewing

Tilray to Acquire Montauk Brewing

Global cannabis firm Tilray is adding an East Coast craft brewery to its growing brewery portfolio, with the acquisition of Montauk Brewing Company.