Dear Client: Tilray’s Q1 ’25 (ended August 31) earnings hit yesterday, and it’s safe to say that their beverage results underperformed expectations. Management attributed some of that to “timing” of things like new product launches, the ongoing integration of their purchases like ABI and more. (Timely side bar: Those still curious about what Tilray paid for Molson Coors craft need wait no longer. The 10Q filed yesterday afternoon revealed that they purchased Atwater, Hop Valley, Terrapin, and Revolver for about
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