Tilray’s Brewery Optimization Continues, with Terrapin Shifting Production

Dear Client: Even though Tilray completed its “Project 420” SKU rationalization project in Q3, company brass said on its recent earnings call it was still working on operations cost cutting, having brought in a new COO to help drive the strategy [see CBD 07-29-2-26]. That optimization is continuing into FY 2027, as the company plans to transition production out of its Terrapin brewing facility in Athens, Georgia, per an annual filing reported on by The Red & Black. TERRAPIN TRANSITIONING