Chowie Wowie: What Analysts Are Saying About Tilray Brands
Global cannabis-lifestyle and consumer packaged goods company, Tilray Brands, Inc (Nasdaq: TLRY), has performed strongly in the last week and analysts are looking more closely at the company’s path to profitability.
A simplywallst.com survey of 15 US pharmaceuticals analysts found that investors believe Tilray will reach breakeven in 2025 before generating positive profits of $20 million in 2026. Analysts also cited the company’s judicious management of capital, with debt making up 16% of equity and say that its low debt obligation reduces the risk around investing in the company.
Tilray is focused on research, cultivation, processing, and distribution of medical cannabis products in Canada, the US, Europe, Australia, New Zealand, and Latin America.
Last month, the company launched two new flavors, adding to its Chowie Wowie line of cannabis-infused premium Belgian chocolates. Soft Caramel and Crunchy Praline have joined the original best-selling Balanced Milk Chocolate and THC Milk Chocolate, and are available across Canada. The company’s shares rose 9.9% in morning trading following the announcement.
Tilray’s market cap stands at $1.70 billion.
About Tilray Brands
Tilray Brands, Inc. (Nasdaq: TLRY) is a leading global cannabis-lifestyle and consumer packaged goods company with four distinct and complementary business segments including medical and adult-use cannabis, medical distribution, wellness foods, and beverage-alcohol. Tilray Brands is on a mission to change people’s lives for the better – one person at a time – by inspiring and empowering the worldwide community to live their very best life, enhanced by moments of connection and wellbeing. Patients and consumers trust Tilray Brands to be the most responsible, trusted and market leading cannabis and consumer products company in the world with a portfolio of innovative, high-quality, and beloved brands that address the needs of the consumers, customers, and patients we serve. A pioneer in cannabis research, cultivation, and distribution, today Tilray Brands’ unprecedented and diversified production platform supports a portfolio of best-in-class brands in over 20 countries including comprehensive adult-use and medical cannabis offerings, hemp-based foods, and craft beverages across North America, Europe, Australia, and Latin America.