Tilray Brands Announces Next Phase of Beverage Transformation
Successfully Completed Consolidation of U.S. Brewing Footprint from 10 Facilities to Six Identifying Further Opportunities to Reduce Complexity, Improve Brewery Utilization and Strengthen Margins Transformation Initiatives Strengthen Operational Footprint Ahead of the Carlsberg U.S. Partnership Launching January 1, 2027; Targeting One Million Cases in First-Year Sales Through Tilray’s Existing…
Tilray Brands, Inc., a global consumer packaged goods company with interests in cannabis, beverage, hospitality, and wellness, has announced plans to further transform its U.S. beverage business. The company aims to achieve approximately $20 million in annualized cost savings by the end of fiscal 2028 by streamlining its operations.
Tilray has already consolidated its U.S. brewing footprint from 10 facilities to six, positioning itself well for the next phase of transformation in manufacturing, warehousing, procurement, and logistics to further reduce production costs and improve utilization at its remaining breweries.
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