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Tilray Brands, Inc. (TLRY)

2.5300 -0.1100 (-4.17%)
At close: October 30 at 4:00:00 PM EDT
2.5102 -0.0198 (-0.78%)
After hours: October 30 at 7:57:25 PM EDT
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Updated 26m ago
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Tilray Brands is shifting further toward beverages, with U.S. brewing consolidation and a Carlsberg partnership forming the central growth plan. The company reported stronger beverage revenue and record quarterly revenue, but continued losses and cash burn remain key concerns. Jefferies raised its price target to $13while projecting benefits from the restructuring and new distribution agreement.

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