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EXCLUSIVE: Tilray CEO Discusses Key Markets, Strategy, News And Stock Catalysts
Wednesday, February 23, 2022 - 10:51am | 1333Tilray, Inc. (NASDAQ: TLRY) reported its financial results on Monday for the second fiscal quarter ended Nov. 30, 2021, with net revenue of $155 million - up by around 20% year-over-year and down from $168 million in the first fiscal quarter. Net income increased...
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Tilray CEO Irwin Simon To Give Keynote At Benzinga Cannabis Capital Conference In April
Tuesday, February 15, 2022 - 1:31pm | 299Benzinga, a financial news and data company announced that Irwin Simon, CEO of cannabis giant Tilray Brands, Inc. (NASDAQ: TLRY) will deliver the keynote speech at the upcoming Benzinga Cannabis Capital Conference, to be held on April 20 and April 21 at the...
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Tilray Buys Two California Craft Beer Brands For $5.1M
Wednesday, January 12, 2022 - 10:35am | 697Tilray Inc. (NASDAQ: TLRY) wrapped up two previously announced deals to acquire Green Flash Brewing and Alpine Beer Co. The Canadian cannabis giant purchased the California craft beer brands from WC IPA on Dec. 17, for $5.1 million (CA$6.4 million), in cash and stock, according to...
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Why Tilray Shares Are Rising Today
Monday, January 10, 2022 - 9:50am | 277Tilray Inc (NASDAQ: TLRY) is trading higher Monday morning after the company announced fiscal second-quarter 2022 financial results showing revenue increased year-over-year and the company reached profitability. Tilray reported quarterly net income of $6 million, up from a loss of $89...
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These 2 Cannabis Stocks Were Among The Most Searched Benzinga Tickers In 2021: Here's Why
Wednesday, January 5, 2022 - 12:49pm | 779Among the 20 most searched tickers on Benzinga in 2021 were two well-known cannabis companies. Here are their names and why they were heavily searched in 2021. Tilray: Ranking as the 18th most searched ticker on Benzinga Pro in 2021 was Tilray Inc (NASDAQ: TLRY). Operating in Canada and over 20...
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7 Top Benzinga Interviews You Must Watch From 2021: Tesla, Tilray, Dogecoin And More
Wednesday, December 29, 2021 - 1:58pm | 11352020 was a pandemic-stricken year that left many of us wondering what 2021 would bring. Would people continue to work remotely? Would Bitcoin (CRYPTO: BTC) reach $100,000? Would the SPAC trade remain hot? Are NFTs just JPEGs? Benzinga repeatedly brought you exclusive interviews with...
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Why Is Tilray Scaling Its Alcohol Operations? The Newest Acquisition: SweetWater To Buy Green Flash And Alpine Beer
Tuesday, December 21, 2021 - 12:39pm | 963Canadian marijuana giant Tilray (NASDAQ: TLRY) continues with acquistions, with the latest news revealing the company's SweetWater Brewery is in the process of acquiring Green Flash Brewing and Alpine Beer Co. Last Friday, Green Flash’s owners talked to employees at...
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What Investors Need To Know On Heels Of Tilray's Q1 Earnings Release
Friday, October 8, 2021 - 8:51am | 718On Thursday, Tilray, Inc. (NASDAQ: TLRY) (TSX: TLRY) released its financial results for the first fiscal quarter ended August 31, 2021, revealing net revenue of $168 million, up by 43% year-over-year and below the consensus estimates of $174.93 million. Based in New York and Ontario, the company...
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Tilray CEO: Expand The Company's Medical Cannabis Business, 'Opportunities Are Tremendous'
Thursday, October 7, 2021 - 5:08pm | 324Irwin Simon, CEO of Canada-based cannabis company Tilray (NASDAQ: TLRY), said Thursday on CNBC that the company intends to drive growth by building its medical business and potential M&A. The M&A approach to growth, Simon noted, can fast-track the process because it allows...
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Tilray CEO Received Nearly $30M In Compensation In Calendar 2021, $13.2M In Cash Bonuses...So Far
Tuesday, October 5, 2021 - 11:24am | 472Canadian cannabis giant Tilray Inc.’s (NASDAQ: TLRY) (TSX: TLRY) CEO Irwin Simon has received nearly $30 million in total compensation so far in calendar 2021, with nearly half of that sum paid in cash, according to a recently disclosed regulatory filing. The compensation paid to...
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Tilray Stockholders Approve Increase In Number Of Shares To Help Drive $4B In Revenue, Stock Trades Down
Friday, September 10, 2021 - 2:26pm | 491Shares of cannabis giant Tilray Inc. (NASDAQ: TLRY) (TSX: TLRY) are trading down on Friday afternoon, after the company reported that its stockholders have approved an increase in the number of authorized shares of its common stock. As such, the cannabis company said that with additional...
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Read Tilray CEO's Shareholder Letter Mapping Out $4B Revenue Plan
Thursday, August 26, 2021 - 2:43pm | 1008Tilray Inc. (NASDAQ: TLRY) (TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company, today sent an open letter to shareholders from Irwin D. Simon, Chairman and Chief Executive Officer. The letter details Mr. Simon’s strategic vision and $4 billion revenue plan for the...
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Tilray Acquires Majority Position In Amended MedMen Convertible Notes, Accelerating Path Into US Cannabis Market If Federal Legalization Occurs
Tuesday, August 17, 2021 - 5:22pm | 439Tilray, Inc. (NASDAQ: TLRY), and MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), announced on Tuesday Tilray has acquired the majority of MedMen’s outstanding senior secured convertible notes that were originally held by certain funds affiliated with Gotham Green Partners, LLC (...
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Tilray Postpones Special Meeting To Solicit Proxies, Says Majority Of Shareholders Support Dilution And Other Proposals
Thursday, July 29, 2021 - 12:35pm | 824Canadian cannabis giant Tilray, Inc. (NASDAQ: TLRY) confirmed Thursday it has summoned and postponed its long-anticipated special meeting of shareholders, at which stockholders were meant to vote on two important proposals - 1) Share dilution and 2) Several...
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EXCLUSIVE: Tilray CEO Irwin Simon Discusses Earnings Report, Stock Surge On Benzinga Cannabis Hour
Wednesday, July 28, 2021 - 4:45pm | 634Tilray Inc (NASDAQ: TLRY) CEO Irwin Simon spoke with Javier Hasse and Patrick Lane on Wednesday’s "Cannabis Hour" following the release of the company’s May quarter earnings report, after which Tilray’s shares were up roughly 25%. Simon began the interview by noting...