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Tilray Brands, Inc.

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Tilray Brands, Inc.

TLRY·NASDAQ·Life Sciences·CIK 0001731348

Tilray Brands, Inc. is a global lifestyle consumer products company incorporated on January 24, 2018, with headquarters in Leamington and New York. The company operates in Canada, the United States, Europe, Australia, and Latin America. Tilray Brands, Inc. focuses on cannabis, beverage, wellness, and entertainment sectors. The company's portfolio includes brands such as SweetWater Brewing, Montauk Brewing, BrewDog, Shock Top, 10 Barrell, Breckenridge Brewery, Blue Point Brewing, Breckenridge Distillery, Revolver, Terrapin, Broken Coast, Good Supply, Redecan, Solei, Tilray, ARX, XMG, Manitoba Harvest, and Hi-Ball. In the U.S., Tilray Brands, Inc. is the 4th largest craft brewer. In Canada, the company leads the Canadian cannabis market with the highest cannabis revenue. Its Manitoba Harvest business is a leader in the hemp-based food category in the U.S. Outside of North America, Tilray Brands, Inc. supplies medical cannabis products to patients in over 20 countries across five continents through global subsidiaries and distributor agreements. In the fiscal year ended May 31, 2026, the company expanded its beverage platform globally with the acquisition of BrewDog, a global craft beer brand, enhancing its global brewing presence and supporting international distribution of its beverage brands. The company changed its name from Tilray, Inc. to Tilray Brands, Inc. in January 2022.

Tilray Brands, Inc. (NASDAQ:TLRY) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 26 items for TLRY at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-14, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 8 rated 8 or above. Recent SEC coverage for TLRY spans 8-K, 10-K, 10-Q.

Recent high-impact activity:

  • Tilray Retires $12M of Convertible Debt for 2.84M Shares in Fourth Swap
  • Tilray Swaps $6M of Convertible Debt for 1.38M Shares, Extending a Pattern of Dilution
  • Tilray Posts Record FY2026 Revenue of $915.5M and Sets FY2027 Adjusted EBITDA Guidance at $68M–$75M
  • Tilray Q4 Revenue Jumps 25% to $282M, Adjusted EPS Hits $0.05
  • Tilray Guides FY27 Adjusted EBITDA to $68M-$75M, Signaling Profit Growth

Financial Snapshot

Fiscal year ended May 31, 2026
Revenue
$915.45M
Net Income
-$121.4M
Diluted EPS
-$1.09
Op. Cash Flow
-$69.14M
Gross Profit
$260.44M
Operating Income
-$63.03M
Cash & Equivalents
$225.98M
Total Debt
$88.3M
Debt / Equity
0.05×
Net Margin
-13.3%
Shares Outstanding
131.68M sh
Source: 10-K · filed 2026-07-28 · accession 0001437749-26-024698

Short Interest & Short Volume

5.22 days to cover

FINRA reported short interest of 19,418,606 shares in TLRY as of the September 15, 2026 settlement, a 7.5% increase from the prior period — about 5.2 days to cover at its recent average daily volume. On October 2, 2026, 37.8% of TLRY volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)19,418,606 shares as of September 15, 2026
Change vs prior period▲ 7.5%
Days to cover5.22 at avg daily volume of 3,719,984
Daily short volume (FINRA facilities)37.8% of 2,159,794 shares on October 2, 2026
5-day average short volume44.2%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for TLRY, detected from its recent SEC filings · based on capital-structure filings through 2026-09-14.

1 recent capital raiseATM program

Fourth Debt-for-Equity Exchange · Cumulative Dilution from Exchanges

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$3.6 -0.01% today
52-week range · as of 2026-09-14 $3.6 – $23.2
Market cap
$533.49M
Volume
4.1M (1.1× avg)
3-mo avg 3.7M
Live data · 2026-10-03 15:49 UTC · Market closed

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feed TLRY - Latest Insights

TLRY
Sep 14, 2026, 5:12 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.17
Real-time Price: $3.60 info
Change: -$0.570 (-14%) info
Market Cap: $533.493M info
TLRY
Aug 10, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.42
Real-time Price: $3.60 info
Change: -$0.8246 (-19%) info
Market Cap: $533.493M info
TLRY
Jul 28, 2026, 5:03 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $4.09
Real-time Price: $3.60 info
Change: -$0.490 (-12%) info
Market Cap: $533.493M info
TLRY
Jul 28, 2026, 4:25 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $4.09
Real-time Price: $3.60 info
Change: -$0.485 (-12%) info
Market Cap: $533.493M info
TLRY
Jul 28, 2026, 4:13 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $4.10
Real-time Price: $3.60 info
Change: -$0.4959 (-12%) info
Market Cap: $533.493M info
TLRY
Jul 28, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.11
Real-time Price: $3.60 info
Change: -$0.510 (-12%) info
Market Cap: $533.493M info
TLRY
Jul 09, 2026, 4:00 PM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $4.45
Real-time Price: $3.60 info
Change: -$0.848 (-19%) info
Market Cap: $533.493M info
TLRY
Jun 30, 2026, 5:01 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.48
Real-time Price: $3.60 info
Change: -$0.8803 (-20%) info
Market Cap: $533.493M info
TLRY
Jun 29, 2026, 5:09 PM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $4.61
Real-time Price: $3.60 info
Change: -$1.01 (-22%) info
Market Cap: $533.493M info
TLRY
Jun 18, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $4.79
Real-time Price: $3.60 info
Change: -$1.19 (-25%) info
Market Cap: $533.493M info
TLRY
Jun 09, 2026, 4:31 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $5.17
Real-time Price: $3.60 info
Change: -$1.57 (-30%) info
Market Cap: $533.493M info
TLRY
May 05, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $5.93
Real-time Price: $3.60 info
Change: -$2.33 (-39%) info
Market Cap: $533.493M info
TLRY
Apr 23, 2026, 8:30 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $8.67
Real-time Price: $3.60 info
Change: -$5.07 (-58%) info
Market Cap: $533.493M info
TLRY
Apr 22, 2026, 12:46 PM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $7.68
Real-time Price: $3.60 info
Change: -$4.08 (-53%) info
Market Cap: $533.493M info
TLRY
Apr 15, 2026, 8:54 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.87
Real-time Price: $3.60 info
Change: -$3.27 (-48%) info
Market Cap: $533.493M info
TLRY
Apr 15, 2026, 7:43 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $6.85
Real-time Price: $3.60 info
Change: -$3.25 (-47%) info
Market Cap: $533.493M info
TLRY
Apr 14, 2026, 6:27 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.85
Real-time Price: $3.60 info
Change: -$3.25 (-47%) info
Market Cap: $533.493M info
TLRY
Apr 02, 2026, 4:05 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $6.57
Real-time Price: $3.60 info
Change: -$2.97 (-45%) info
Market Cap: $533.493M info
TLRY
Apr 01, 2026, 4:30 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $6.16
Real-time Price: $3.60 info
Change: -$2.56 (-42%) info
Market Cap: $533.493M info
TLRY
Apr 01, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.68
Real-time Price: $3.60 info
Change: -$3.08 (-46%) info
Market Cap: $533.493M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets