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Tilray Brands, Inc. (TLRY) Acquires BrewDog


Tilray Brands, Inc. (NASDAQ:TLRY) is among the 12 Best Alcohol Stocks to Buy Right Now.

Tilray Brands, Inc. (TLRY) Acquires BrewDog
Tilray Brands, Inc. (TLRY) Acquires BrewDog

On March 2, 2026, Tilray Brands, Inc. (NASDAQ:TLRY) paid £33 million for select BrewDog assets, including the global brand and intellectual property, UK brewing operations, and 11 brewpubs in the UK and Ireland. The brewpubs include Birmingham, Canary Wharf, Dogtap Ellon, Lothian Road, Dublin, Edinburgh DogHouse, Manchester, Paddington, Tower Hill, and Waterloo. The company estimates the acquired business to produce about $200 million in yearly net revenue and $6 million to $8 million in adjusted EBITDA, with cash flow becoming positive in fiscal 2027 as integration progresses. The firm does not foresee a significant EBITDA contribution in the final quarter of fiscal 2026, and it forecasts temporary revenue timing issues in early fiscal 2027 due to licensing transfers.

Following the transaction, Tilray Brands, Inc. (NASDAQ:TLRY) expects its overall global beverage platform to generate approximately $500 million in annual revenue, with consolidated annualized revenue of around $1.2 billion. The corporation is currently negotiating separate deals for BrewDog properties in the United States and Australia.

Tilray Brands, Inc. (NASDAQ:TLRY) is a consumer packaged goods firm that specializes in medical cannabis research, as well as the cultivation, processing, and global distribution of cannabis products. It operates in the following segments: cannabis, distribution, beverage, and wellness.

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