Tilray Brands, Inc. reported fiscal 2026 results ending May 31, 2026, delivering record net revenue of $915.5 million, an 11% increase year-over-year, and record adjusted EBITDA of $61.1 million. The company achieved a net loss of $105.2 million, driven by non-cash charges, while adjusted net income rose nearly 90% to $12.2 million. Tilray strengthened its balance sheet, holding approximately $235 million in cash, restricted cash, and marketable securities, and reduced net debt to $0.7 million. The firm provided fiscal 2027 guidance for adjusted EBITDA between $68 million and $75 million. Additionally, the filing notes that a reverse stock split became effective on December 2, 2025. Tilray Brands operates as a global lifestyle and consumer packaged goods company with diversified interests in cannabis, beverages, hospitality, and wellness.

Between June 15, 2026, and June 24, 2026, Tilray Brands, Inc. issued 2,638,341 shares of common stock to exchange for $12 million in aggregate principal amount of its 5.20% Convertible Senior Notes due June 15, 2027. This debt-for-equity exchange was conducted via private transactions with unrelated parties. Tilray Brands, Inc. is a cannabis and beverage company that produces and distributes products in the global cannabis and beverage markets.

On April 15, 2026, Tilray Brands, Inc. issued 398,666 shares of common stock as partial consideration for the acquisition of the Lyphe Group. Additionally, on June 3, 2026, the Company entered into a private debt-for-equity exchange transaction, issuing 1,214,186 shares of common stock in exchange for $6 million in principal of its 5.20% Convertible Senior Notes due June 15, 2027. Tilray Brands, Inc. is a company in the cannabis and beverage industry that produces and distributes products.