LEAMINGTON, Ont. — Tilray Brands Inc. reported a loss of US$55.9 million in its latest quarter compared with a loss of US$65.8 million a year earlier as its net revenue rose 15 per cent.
The cannabis company, which keeps its books in U.S. dollars, says the loss amounted to 10 cents per diluted share for the quarter ended Aug. 31.Net revenue in what was Tilray's first quarter totalled US$176.9 million, up from US$153.2 million a year earlier.The company says the deal helps make it the fifth largest in the U.S. craft beer market.The Canadian Press
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Cannabis company Tilray Brands reports $55.9M Q1 loss, revenue up 15% from year agoLEAMINGTON, Ont. — Tilray Brands Inc. reported a loss of US$55.9 million in its latest quarter compared with a loss of US$65.8 million a year earlier as its net revenue rose 15 per cent. The cannabis company, which keeps its books in U.S. dollars, says the loss amounted to 10 cents per diluted share for the quarter ended Aug. 31. The result compared with a loss of 13 cents per diluted share in the same quarter last year. Net revenue in what was Tilray's first quarter totalled US$176.9 million, u
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Cannabis company Tilray Brands reports $55.9M Q1 loss, revenue up 15% from year agoTilray Brands Inc. reported a loss of US$55.9 million in its latest quarter compared with a loss of US$65.8 million a year earlier as its net revenue rose 15 per cent.
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Cannabis company Tilray Brands reports US$55.9-million quarterly loss, revenue up 15% from year agoTilray says the loss amounted to 10 cents per diluted share for the quarter ended Aug. 31
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Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-BuschThe cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer.
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Cannabis firm Tilray broadens footprint in brewery business, closing deal with Anheuser-BuschThe companies did not disclose financial details of the deal, but Tilray said earlier this month when it announced the acquisition that it would be paying cash
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Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-BuschThe cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer.
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