Tilray’s Mixed Quarter: Record Revenue Amid Persistent Losses

Beverage Division Emerges as Powerhouse

Tilray Brands has unveiled its first-quarter 2025 financial results, revealing a complex picture of robust revenue growth coupled with ongoing financial challenges. The cannabis giant reported record sales of $200 million, marking a 13 percent increase compared to the same period last year. However, these impressive top-line figures mask underlying difficulties that continue to plague the company’s bottom line.

While cannabis remains the company’s traditional core business, the beverage alcohol segment demonstrated explosive growth, surging 132 percent to reach $56 million in revenue. This performance has positioned Tilray among the top five craft beer producers in the United States. The company’s diversified business segments showed varying performance levels:

• Beverage alcohol: $56.0 million (+132%) with 41% margin
• Cannabis:... Read more...