The company keeps pushing into the craft brewery business, but it's questionable whether that's a wise strategy. It's at least diversifying overseas in the segment.

TORONTO, April 08, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. company (Nasdaq: TLRY; TSX: TLRY) a global lifestyle and consumer packaged goods company at the forefront of the beverage, cannabis and wellness industries, today announced the launch of PORTAL ™, its newest cannabis brand engineered specifically for seasoned, high‑tolerance consumers seeking uncompromising potency, consistency, and performance, just ahead of 4/20 next month.

BRECKENRIDGE, Colo., April 07, 2026 (GLOBE NEWSWIRE) -- Breckenridge Distillery, an award-winning craft distillery and spirits brand by  Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), announces the re-launch of Breckenridge Honey Whiskey, a bold new expression infused with Goldswarm Raw Honey from Nigeria.

Tilray has been acquiring beverage brands in recent years, and that continues to be part of its growth strategy. The business has become bigger, but its margins remain fairly low.

Tilray Brands (NASDAQ: TLRY) reported record third-quarter fiscal 2026 revenue and reaffirmed its full-year adjusted EBITDA outlook, as management pointed to accelerating international cannabis growth, continued progress in its European distribution business, and cost-saving efforts in beverages ahead of recently announced strategic moves involving Carlsberg and BrewDog. Record quarterly revenue as international cannabis drives growth Chairman

Tilray Brands (TLRY) remains a Hold, with valuation near tangible book value and a mixed Q3 showing revenue growth but margin pressure. Strength in cannabis and distribution segments offset weak beverage sales, while international cannabis revenue soared 73% in Q3, now 37% of segment revenue. Adjusted EBITDA guidance for FY26 is $62–$72 million, with consensus FY28 margin expectations at 9.5%, but cash flow remains negative and M&A execution is a risk.

Tilray Inc (NASDAQ:TLRY) earned a repeat ‘Buy' rating from Jefferies analysts after what it described as a solid third quarter earnings report, pointing to improving fundamentals and increased visibility into the company's medium-term outlook. The brokerage reiterated a price target of $24, implying substantial upside if execution continues as expected.

Tilray Inc (NASDAQ:TLRY) earned a repeat ‘Buy’ rating from Jefferies analysts after what it described as a solid third quarter earnings report, pointing to...

TLRY posts mixed Q3 with revenue growth and narrowing losses, as strong cannabis and distribution gains offset beverage weakness and rising competition.

Tilray Brands, Inc. (TLRY) Q3 2026 Earnings Call Transcript