Tilray Hulking on Alcohol as Cannabis Profits Shrinks

Alcohol outperformed cannabis in the company’s most recent earnings report. As the cannabis sector hangs by threads, one company is riding the ethanol tide in search of higher margins. Tilray Brands Inc. (Nasdaq: TLRY) said its Breckenridge Distillery will partner with Anheuser-Busch-owned Breckenridge Brewery on a barrel-aged beer and beer-aged whiskey under the banner Buddy Pass. The collaboration comes …

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