Tilray Brands Marks Seven Years of Cannabis Legalization in Canada with the #1 MarketLeading Position by Revenue and Pioneering Brands with Growing Market Share in the Worlds Largest Federally Legal Cannabis Market
News Source : Financial Post
News Summary
- Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company at the forefront of the global cannabis, beverage, and wellness industries.
- The company has invested over C$1 billion in Canadian infrastructure, paid approximately C$700 million in excise taxes, and contributed hundreds of millions in harmonized, goods and services and provincial sales tax.
- Tilray’s brand-building excellence is evidenced by the 15 leading cannabis1 brands it owns and operates in Canada, with several brands valued at C$100 million – C$300 million each at retail.
Tilray has maintained its lead in THC beverages, with its XMG and Mollo brands holding over 40% market share4 through innovative offerings like new flavours, zerosugar options, and balanced THC/CBD [+5066 chars]