Tilray Brands is a global consumer packaged goods company operating within the cannabis, beverage, and wellness sectors. It maintains the leading cannabis position in Canada by revenue.
For the third quarter, the company generated record net revenue of $206.7 million, an 11% increase. The reported net loss per share was $(0.24) , while adjusted net income per share was $0.02.
Third-quarter gross profit grew 6% to $55.0 million. The company’s balance sheet is supported by $264.8 million in cash, restricted cash, and marketable securities , alongside an improved net cash position of $3.5 million.
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