Irwin D. Simon

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced a series of fall-themed product launches across its craft beer and beverage brands on Wednesday, including Breckenridge Brewery, Montauk Brewing, Blue Point Brewing, Terrapin and Shock Top. The Canadian cannabis giant has been buying beer...

Tilray Brands, Inc. (NASDAQ:TLRY) agreed to acquire a promissory note from Ontario-based Double Diamond Holdings Ltd (DDH) for $23.8 million, according to a regulatory filing. DDH is a joint venture with Aphria Inc., Tilray's direct and wholly-owned subsidiary, in Aphria Diamond. In return, Tilray...

Tilray Brands, Inc. (NASDAQ:TLRY) confirmed Thursday it has completed the previously announced acquisition of Atwater Brewery, from Molson Coors Beverage Company (NYSE:TAP). “Atwater Brewery is a renowned craft brewery with a rich history and a loyal following in Michigan," said Irwin D....

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Tuesday that it has completed the previously announced acquisition of craft breweries Hop Valley Brewing Company,Terrapin Beer Co., and Revolver Brewing, from Molson Coors Beverage Company (NYSE:TAP). Why It Matters The acquisition bolsters...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Thursday the release of its latest small-batch flower strain, Milk & Cookies, under its premium cannabis brand Broken Coast. The new strain is the latest addition to a renowned craft cannabis portfolio featuring Cherry Cheesecake,...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY), a global cannabis and consumer packaged goods company, will release its financial results for the fourth quarter and full fiscal year ending May 31, 2024, on July 29, 2024, after the market closes. A live audio webcast discussing these results is...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Thursday the launch of ‘Purple Churro,’ by Redecan cannabis. The new sativa offers "a sweet, indulgent experience with a potent twist and boasting THC levels," the Canadian cannabis giant said in a press release. Purple Churro is...

It seems that Big Alcohol is not seeing Big Marijuana as a threat, but rather a profitable opportunity. Moves made by some top companies such as Molson Coors, Anheuser-Busch (NYSE:BUD) and Constellation Brands are proof. And it goes the other way around, too. Irwin D. Simon, CEO and chairman of...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) reported financial results on Tuesday for its third quarter ended Feb. 29, 2024, revealing $188.3 million in net revenue, representing a 30% year-over-year increase. The Canadian medical cannabis company said beverage-alcohol net revenue increased 165%...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) continues to promote its cannabis vertical even though lately it has been ramping up its beer business vertical as a way to establish itself in the U.S. On Thursday, Canadian medical cannabis giant Redecan launched a new spring lineup. The expansion of...

A new study published in Drug and Alcohol Dependence suggests that legalizing cannabis is "associated with a decline in beer sales" and consumption.  The study, conducted by a team from the University of Manitoba, Memorial University and the University of Toronto, examined beer sales data...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) reported a 34% year-over-year revenue increase Tuesday for the second quarter of fiscal 2024, to $194 million. "Our Q2 financial results demonstrate the strength of our brands, our global team, and our diversified growth strategy," Irwin D. Simon,...

Canadian marijuana giant Tilray Brands (NASDAQ: TLRY) (TSX:TLRY), reported its financial results on Wednesday for its first quarter of fiscal year 2024 ended August 31, 2023. “Today, Tilray Brands is the most diversified global cannabis-lifestyle and CPG company in the world with four...

Cannabis company Tilray Brands, Inc. (NASDAQ: TLRY) closed its all-cash previously-announced acquisition of eight beer and beverage brands from Anheuser-Busch (NYSE: BUD), including the breweries and brewpubs associated with them. The acquired businesses include Shock Top,...

Tilray Brands (NASDAQ: TLRY) chairman and CEO Irwin D. Simon says his company is set to capitalize on possible cannabis legalization in the U.S. and anticipates creating beer infused with cannabis if/when it becomes legal. Simon has long been optimistic about legalization...