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Cannabis company Tilray Brands reports US$46.2M Q2 loss, revenue up 34% from year ago – Winnipeg Free Press

Market movers: Why STN-T, TLRY-T, NFLX-Q and more stocks are seeing action on Tuesday

Cannabis company Tilray Brands reports US$46.2M Q2 loss, revenue up 34% from year ago | iNFOnews

LEAMINGTON, Ont. - Tilray Brands Inc. reported a net loss of US$46.2 million in its latest quarter as its revenue rose 34 per cent compared with a year ago.

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Craft Beer Boom Is Saving Tilray From Weed Slowdown

(Bloomberg) Tilray Brands Inc.’s diversification into the beer business paid off in the fiscal second quarter, even as the company is poised to start planting vegetables and fruit to monetize some of its unneeded cannabis cultivation space in Quebec.Most Read from BloombergIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntChinese Billionaire Is Second-Biggest Foreign Owner of US LandUS and Allies Met Secretly With Ukraine on Peace PlanXi, Biden and the $10 Trillion Cost of War Over

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Craft beer boom pays off for Tilray, savings it from cannabis slowdown

Cannabis grower Tilray saves itself from slowdown in pot market as diversification into craft beer pays off. Read more here.

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