TLRY

Tilray Brands, Inc. is a leading global lifestyle consumer products company operating at the nexus of cannabis, beverage, wellness, and entertainment. The company was incorporated on January 24, 2018, and is headquartered in Leamington and New York. Tilray's mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy, wellness, and create memorable experiences. The company's production platform supports over 20 brands in over 20 countries, including beverages, comprehensive cannabis offerings, and hemp-based foods. Tilray is a pioneer in cannabis research, cultivation, and distribution.

Tilray generates revenue through four reportable segments defined by the industry in which the company competes, target consumers, route to market, and margins. The segments are: 1) Cannabis operations, encompassing the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis; 2) Beverage operations, encompassing the production, marketing, and sale of beverage products; 3) Distribution operations, encompassing the purchase and resale of pharmaceutical products to customers; and 4) Wellness products, encompassing hemp foods and cannabidiol (CBD) products. Revenue is recognized when control of promised goods is transferred to the customer or as advisory services are provided. Primary geographic markets include Canada, the United States, Europe, Australia, and Latin America. The company supplies medical cannabis to patients in over 20 countries spanning five continents.