Tilray Brands stock quoted on Lang & Schwarz Thursday

Tilray Brands stock traded at EUR 2.68 on Lang & Schwarz at 13:45 CET on Thursday, November 5. The quote gives investors a current reference for the US cannabis, beverage and wellness company.

Restructuring Shapes Beverage Outlook

Food Dive reported on November 3 that Tilray is targeting USD 20 million in cost savings over the next two years after consolidating its US brewing footprint from 10 facilities to six. The company has also reduced its distributor network by 9 percent and cut its beverage SKU count by about 28 percent since the beginning of 2025.

The restructuring is aimed at reducing complexity and prioritizing established brands, national offerings, nonalcoholic beverages and functional energy drinks. Food Dive said the changes also prepare Tilray for its planned Carlsberg partnership in the US.

Growth Comes With Uneven Results

Tilray reported record first-quarter fiscal 2027 revenue of USD 257.1 million for the period ended August 31, 2026, up 23 percent from a year earlier, according to the Financial Times Markets report. Gross profit increased 35 percent to USD 77.5 million, while adjusted EBITDA declined to USD 9.2 million from USD 10.2 million.

The quarter also included a net loss of USD 40.0 million, driven predominantly by non-cash charges. Management reaffirmed fiscal 2027 adjusted EBITDA guidance of USD 68 million to USD 75 million.

Carlsberg Launch Is Next Test

Tilray plans to begin producing and distributing Carlsberg brands in the United States on January 1, 2027. Food Dive reported that the partnership will require the company to scale operations while using its existing production and distribution infrastructure.

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