Tilray Inc reported an 11.3% revenue growth in Q3, driven by a 19% rise in cannabis sales despite a 24% drop in craft beer. Jefferies analysts reaffirmed a Buy rating with a $24 price target, citing improving fundamentals and strong international cannabis growth of 73%. The company expects full-year revenue of about $1.1 billion and adjusted EBITDA of $95 million for fiscal 2026, supported by strategic partnerships and supply chain improvements. Jefferies remains optimistic about Tilray's future growth, especially from international markets and potential U.S. regulatory changes.
The cannabis industry is expanding rapidly with cannabis now classified as a Class 3 substance, reducing legal barriers for operators. This shift allows for more research, product development, and growth opportunities for both cannabis producers and ...
Tilray Brands, a global leader in cannabis and consumer packaged goods, will announce its financial results for the fourth quarter and full fiscal year ending May 31, 2026, on July 28, 2026, after market close. The company will hold a live conference...
BrewDog Waterloo, England's largest pub owned by Tilray Brands, is set to host a major watch party for the England vs Argentina semifinal. The event promises an electric atmosphere with giant screens and passionate fans. Tilray's £1 million bar tab p...
