SweetWater Brewing Company

Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024

ET Today

Key Points: 
  • ET Today
    NEW YORK and LEAMINGTON, Ontario, April 09, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”, “our”, “we” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for its third quarter ended February 29, 2024.
  • Beverage-alcohol gross profit increased 89% to $18.9 million in the third quarter from $10.0 million in the prior year quarter.
  • Completed Canadian cannabis business cost reduction plan launched during fiscal year 2022 and international cannabis business plan launched during fiscal year 2023.
  • For its fiscal year ending May 31, 2024, the Company is now guiding to an Adjusted EBITDA target of $60 million to $63 million.

Sweetwater Brewing Unveils New 420 Variety Pack

Retrieved on: 
Tuesday, April 2, 2024

ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced its new 420 variety pack, an expansion of its iconic flagship 420 Extra Pale Ale that includes three new versions of the classic beer.

Key Points: 
  • ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced its new 420 variety pack, an expansion of its iconic flagship 420 Extra Pale Ale that includes three new versions of the classic beer.
  • The new 420 variety pack includes SweetWater’s original 420 Extra Pale Ale and the new 420 Citrus Haze Hazy Pale Ale, 420 Mango Crush Pale Ale, and 420 Extra Chill Cold Pale Ale and is now available across the southeast and select markets across the country nationwide.
  • The expanded 420 variety pack will continue this legacy, complete with the craft classic that started it all and three new easy-drinking styles.
  • To find the new 420 variety pack and SweetWater beers near you, please visit SweetWater’s beer finder .

SweetWater Brewing Launches Hammer Red Amber Ale to Support Georgia Aquarium

Retrieved on: 
Thursday, March 28, 2024

ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announced today the release of its new Hammer Red Amber Ale, the latest collaboration beer as part of its partnership with Georgia Aquarium.

Key Points: 
  • ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announced today the release of its new Hammer Red Amber Ale, the latest collaboration beer as part of its partnership with Georgia Aquarium.
  • A portion of sales of the limited-release beer will be donated to Georgia Aquarium to support its mission of inspiring awareness and preservation of oceans and aquatic animals worldwide.
  • Hammer Red Amber Ale is available throughout Georgia now until October 2024.
  • “We’re excited to debut Hammer Red Ale with SweetWater to showcase another amazing animal that is in need of protection.”
    Hammer Red Amber Ale is available in six-packs of twelve-ounce cans and on draft, including at SweetWater’s Taproom.

SweetWater Brewing Teams Up With Major League Soccer’s Atlanta United FC as Official Craft Beer Partner

Retrieved on: 
Tuesday, February 20, 2024

ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), Atlanta’s premier craft brewer and a subsidiary of Tilray Brands, Inc. ("Tilray" or the "Company") (NASDAQ: TLRY and TSX: TLRY), announced today that it is now an official craft beer partner of Major League Soccer’s Atlanta United .

Key Points: 
  • ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), Atlanta’s premier craft brewer and a subsidiary of Tilray Brands, Inc. ("Tilray" or the "Company") (NASDAQ: TLRY and TSX: TLRY), announced today that it is now an official craft beer partner of Major League Soccer’s Atlanta United .
  • In the same way SweetWater helped establish craft brewing in Atlanta, Atlanta United has established our city as an epicenter of soccer in the United States.
  • “We’re thrilled to partner with a proud Atlanta company like SweetWater,” said Garth Lagerwey, President and CEO of Atlanta United.
  • To find more information about Atlanta United watch parties at SweetWater’s taproom and other events, please visit SweetWater’s website .

SweetWater 420 Fest Announces 2024 Lineup With Headliners Beck and Slightly Stoopid

Retrieved on: 
Wednesday, February 14, 2024

ATLANTA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), today announced the lineup for this year’s SweetWater 420 Fest, one of Atlanta’s most anticipated music festivals, which Beck and Slightly Stoopid will headline.

Key Points: 
  • ATLANTA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), today announced the lineup for this year’s SweetWater 420 Fest, one of Atlanta’s most anticipated music festivals, which Beck and Slightly Stoopid will headline.
  • Presented by SweetWater Brewing and Pullman Yards, the festival will be hosted at Atlanta’s Pullman Yards on April 20-21.
  • “As promised, SweetWater 420 is back for one of the biggest parties yet.
  • SweetWater 420 Fest is produced by SweetWater Brewing and Pullman Yards.

Blue Point Brewing Announces Its 4th Annual Shakedown on Main Street Festival Featuring Headliners Shaggy, Bryce Vine, and B.o.B

Retrieved on: 
Wednesday, February 14, 2024

Elevating the festival experience, this year's Shakedown on Main Street will introduce a second stage, effectively doubling the event's size compared to last year.

Key Points: 
  • Elevating the festival experience, this year's Shakedown on Main Street will introduce a second stage, effectively doubling the event's size compared to last year.
  • Mark Burford, Founder of Blue Point Brewing, shared his enthusiasm: "At Blue Point, we're passionate about more than just crafting exceptional beer.
  • Shakedown on Main Street Festival details include:
    Ticket Information: Early-bird General Admission: $70; Early-bird VIP: $150 (limited availability); General Admission: $80; VIP: $160.
  • Join us at Blue Point Brewery for a day of performances, beer, and unforgettable memories at Shakedown on Main Street.

SweetWater Brewing and Atlanta Track Club Join Forces to Promote Active Lifestyles

Retrieved on: 
Thursday, February 8, 2024

As the official beer partner of all Atlanta Track Club, SweetWater will support Atlanta’s vibrant running community and celebrate the benefits of an active lifestyle.

Key Points: 
  • As the official beer partner of all Atlanta Track Club, SweetWater will support Atlanta’s vibrant running community and celebrate the benefits of an active lifestyle.
  • This will include having a presence at all Atlanta Track Club events such as the Peachtree Road Race and Publix Atlanta Marathon Weekend .
  • Through this collaborative partnership, SweetWater will enhance race-day experiences by engaging in activations and working closely with Atlanta Track Club to host community-building events.
  • Don't miss the chance to celebrate with a cold, refreshing SweetWater brew, the official beer of the Atlanta Track Club.

SweetWater Brewing and Pullman Yards Present 420 Fest on April 20 & 21, 2024

Retrieved on: 
Thursday, February 1, 2024

ATLANTA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray”) (NASDAQ: TLRY and TSX: TLRY), is thrilled to announce the return of SweetWater 420 Fest, one of Atlanta’s most anticipated annual music festivals, scheduled for April 20-21, 2024 at Atlanta’s Pullman Yards .

Key Points: 
  • ATLANTA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray”) (NASDAQ: TLRY and TSX: TLRY), is thrilled to announce the return of SweetWater 420 Fest, one of Atlanta’s most anticipated annual music festivals, scheduled for April 20-21, 2024 at Atlanta’s Pullman Yards .
  • In true SweetWater 420 Fest spirit, we’re bringing the hottest acts in music to the heart of the South’s craft beer revolution.
  • Early Bird tickets for SweetWater 420 Fest will go on sale Thursday, February 01 at 1 p.m. EST at www.SweetWater420Fest.com .
  • SweetWater 420 Fest is produced by SweetWater Brewing Company and Pullman Yards.

SweetWater Brewing Doubles Down on ‘Gummies’

Retrieved on: 
Tuesday, January 16, 2024

ATLANTA, Jan. 16, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), today announced the release of two bold additions to the SweetWater Gummies line of brews, its latest run on fruit-flavored, high-alcohol beers.

Key Points: 
  • ATLANTA, Jan. 16, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), today announced the release of two bold additions to the SweetWater Gummies line of brews, its latest run on fruit-flavored, high-alcohol beers.
  • Prepare to ditch the winter blues with Sour Watermelon India Pale Ale (IPA) and Cherry Limeaid IPA, which are both brewed with real fruit and clock in at 9.5% alcohol-by-volume (ABV).
  • Cherry Limeaid IPA leads with a lime-forward profile, a subtle maraschino cherry aroma, a sweet citrus body, and a hint of candy cherry flavor with a clean, sweet finish.
  • Beers for SweetWater Brewing Company.

Tilray Brands Delivers Record Q2 Fiscal 2024 Net Revenue

Retrieved on: 
Tuesday, January 9, 2024

Record net revenue of $194 million increased 34% in the second quarter compared to $144 million in the prior year quarter.

Key Points: 
  • Record net revenue of $194 million increased 34% in the second quarter compared to $144 million in the prior year quarter.
  • Cannabis net revenue increased 35% to $67 million in the second quarter compared to $50 million in the prior year quarter.
  • Beverage alcohol net revenue increased 117% to $47 million in the second quarter from $21 million in the prior year quarter.
  • Distribution net revenue increased 12% to $67 million in the second quarter compared to $60 million in the prior year quarter.