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Stock impact report

Tilray Brands Expands Beverage Platform With BrewDog Deal And Job Preservation [Yahoo! Finance]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Tilray Brands announced the completion of its acquisition of BrewDog's global brand, UK brewing operations, and pub network. The transaction preserves more than 700 jobs in the UK and expands Tilray's footprint in the craft beverage market. The deal includes ongoing talks for BrewDog assets in the US and Australia, pointing to potential further international expansion. Tickered as NasdaqGS:TLRY, Tilray Brands is adding a well known beer label and a sizeable UK pub estate to its existing beverage platform. The move comes at a time when the shares trade around $7.36 and the stock has seen a 24.3% decline year to date, alongside a 71.9% decline over three years, while posting a 6.0% gain over the past year. For investors, this combination of mixed return history and a larger beverage footprint may prompt a closer look at how the company is reshaping its business mix. With BrewDog's UK operations now under its umbrella and negotiations ongoing for BrewDog assets in the US and Aus Show less Read more
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