Montauk

Tilray Brands Reports Q1 2024 Financial Results

Retrieved on: 
Wednesday, October 4, 2023

ET Today

Key Points: 
  • ET Today
    NEW YORK and LEAMINGTON, Ontario, Oct. 04, 2023 (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 first quarter fiscal year 2024 ended August 31, 2023.
  • On September 29, 2023, Tilray closed on its acquisition of eight beer and beverage brands from Anheuser-Busch (NYSE: BUD).
  • Tilray Brands Closes Transaction Acquiring Eight Beer & Beverage Brands From Anheuser-Busch; Solidifies Leadership Position in U.S.
  • Leading Next Evolution of Canadian Cannabis
    Tilray Brands will host a webcast to discuss these results today at 8:30 a.m.

Maine: Kennebunkport, Bar Harbor and Portland among world's priciest beach destinations, survey shows

Retrieved on: 
Wednesday, August 2, 2023

The survey considered all destinations worldwide that had a minimum of 20 hotels and inns, and at least one beach.

Key Points: 
  • The survey considered all destinations worldwide that had a minimum of 20 hotels and inns, and at least one beach.
  • Two more Maine destinations appear on the list: Bar Harbor ranks 8th priciest at an average of $384 per night, while Portland sits in 13th position at $317 per night.
  • Overall, the United States is home to 11 of the 20 most expensive beach destinations, according to TravelMag's survey.
  • The following list shows the 10 most expensive beach destinations in the world this summer.

Montauk Renewables, Inc. to Develop Renewable Natural Gas Facility in Orange County, California

Retrieved on: 
Tuesday, June 27, 2023

After approval of required environmental review (“CEQA”), this planned Project will be the second landfill gas-to-energy project developed by the Company in Orange County and will operate in addition to the approximately 20MW Renewable Electric Generation (“REG”) facility commissioned in 2016.

Key Points: 
  • After approval of required environmental review (“CEQA”), this planned Project will be the second landfill gas-to-energy project developed by the Company in Orange County and will operate in addition to the approximately 20MW Renewable Electric Generation (“REG”) facility commissioned in 2016.
  • The Project is anticipated to process the large and growing volumes of biogas in excess of the existing capacity of the REG facility.
  • “Montauk is proud to announce this significant milestone as we continue to expand our treasured relationship with the County of Orange,” said Sean McClain, President and CEO.
  • “Our project with Montauk supports the circular economy by taking a waste product and producing renewable natural gas that can be used to power vehicles, heat homes and generate electricity in our communities,” said OCWR director, Tom Koutroulis.

Montauk Brewing Company Unveils Two New Branded Spaces at New York Mets’ Citi Field

Retrieved on: 
Tuesday, April 25, 2023

NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Montauk Brewing Company (“Montauk Brewing”), the #1 and fastest selling craft brewer in Metro New York according to Nielson data¹ known for its exceptional craft beers, announced today an expanded presence at New York Mets’ Citi Field.

Key Points: 
  • NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Montauk Brewing Company (“Montauk Brewing”), the #1 and fastest selling craft brewer in Metro New York according to Nielson data¹ known for its exceptional craft beers, announced today an expanded presence at New York Mets’ Citi Field.
  • Ty Gilmore, President, U.S. Beer, Tilray Brands, said, "Opening two branded Montauk Brewing bars at Citi Field is a dream come true for our team and the atmosphere is a perfect match.
  • Fans will have the opportunity to immerse themselves in the Montauk Brewing experience at the new Montauk Brew Barn inside Citi Field’s K Korner .
  • Montauk Brewing’s distributors in the U.S. include Shore Point Distributing Company, Inc., Kramer Beverage Company, Oak Beverages Inc., Lake Beverage Corporation, Saratoga Eagle, Eagle Beverage Company, Try-It Distributing, A.L.

Doc & Holliday Cleans the Slate with an Elevated Line of New Billiards Tables

Retrieved on: 
Monday, March 13, 2023

PHOENIX, March 13, 2023 /PRNewswire-PRWeb/ -- Doc & Holliday, the All-American and American-inspired billiards brand known for the meticulous craftsmanship of each of its handmade tables, has announced five new designs to its already robust collection. The new line also features four new, customizable tables produced in Portland, Oregon. Like the rest of the Doc & Holliday line, these fully customizable tables allow consumers to personalize nearly every aspect of the table to not only fit the room but make it- from finishes ranging from maple to cherry to oak or pine, felt colors from Championship or Simonis, and seven, eight and nine-foot size options. Additionally, each table 'built from the ground up' table is crafted with a three-piece one-inch thick backed slate for the most authentic billiards experience out there.

Key Points: 
  • Additionally, each table 'built from the ground up' table is crafted with a three-piece one-inch thick backed slate for the most authentic billiards experience out there.
  • Savant: Crafted with Maple wood and industrial steel, the Doc & Holliday 8' Savant slate pool table offers a high-end, sleek, modern look for any game room setting.
  • George: Doc & Holliday has transformed the classic game table into a mid-century modern piece of furniture lathered in Doc & Holliday's exclusive eye-friendly antique coffee finish.
  • Churchill: Try your hand at a game of 8-ball on the good ol' fashioned, USA-made Churchill pool table from Doc & Holliday.

Tilray Brands Reports Second Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, January 9, 2023

All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Key Points: 
  • All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
  • Beverage-alcohol sales increased 56% to $21.4 million, over the prior year quarter, including revenue from acquisitions.
  • Adjusted gross margin held at 29% compared to the year ago quarter.
  • Irwin D. Simon, Tilray Brands’ Chairman and Chief Executive Officer, stated, “During the second quarter, Tilray Brands took decisive, effective actions to manage operating cash flow and focus the business on accretive acquisitions and a path to long term profitability.

Tilray Brands Acquires Montauk Brewing Company

Retrieved on: 
Monday, November 7, 2022

NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ( “Tilray Brands” or the “Company”) (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company (“Montauk Brewing”), the #1 craft brewer in Metro New York. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of distribution, including top national retailers such as Target, Whole Foods, Trader Joe’s, Stop & Shop, King Kullen, Walmart, 7-Eleven, Costco, BJ’s, and Speedway. The acquisition is expected to be accretive to the Company’s adjusted EBITDA.

Key Points: 
  • Brand Portfolio
    Veteran Industry Executive Ty H. Gilmore Appointed President of Tilray Brands U.S. Beer Business
    NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ( Tilray Brands or the Company) (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company (Montauk Brewing), the #1 craft brewer in Metro New York.
  • Montauk Brewing joins Tilrays growing U.S. beverage-alcohol segment, which already includes SweetWater Brewing Company, the 10th largest craft brewer in the nation with distribution across more than 40 states, the Alpine and Green Flash iconic Southern California brands, and its leading lifestyle bourbon and spirits brand,Breckenridge Distillery.
  • Opportunity for Accelerated Growth of Montauk Brewing Company: Montauk Brewing has enormous potential to expand its customer base and grow throughout the U.S. as a true national brand.
  • Tilray Brands intends to leverage SweetWaters existing nationwide infrastructure to accelerate Montauk Brewings distribution network and revenue growth.

Massachusetts home to most expensive summer destinations in the US

Retrieved on: 
Thursday, August 4, 2022

The survey compared accommodation rates across all U.S. destinations during the month of August 2022.

Key Points: 
  • The survey compared accommodation rates across all U.S. destinations during the month of August 2022.
  • Only hotels or inns rated at least 3 stars and located close to a beach or city center were considered.
  • With average rates of $525 and $485 per night, respectively, for the least expensive double room, Nantucket and Martha's Vineyard top the rankings.
  • The prices shown reflect the average rate for each destination's cheapest available double room for the period spanning August 131st, 2022.

Montauk Renewables, Inc. Announces Bruce Raynor is Retiring From Its Board Of Directors

Retrieved on: 
Monday, December 20, 2021

The Company and its Board would like to thank Bruce for his service and his many contributions during his tenure.

Key Points: 
  • The Company and its Board would like to thank Bruce for his service and his many contributions during his tenure.
  • Montauk has benefited greatly from his counsel and guidance, appreciates his dedication and leadership, and wishes him well in his future endeavors.
  • Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG.
  • The Company has current operations at 15 operating projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas.

Montauk Renewables Awarded Patent for Near-Zero-Emissions Renewable Energy Technology

Retrieved on: 
Thursday, August 26, 2021

PITTSBURGH, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (Montauk or the Company) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (RNG), today announced the Company has been awarded patent number US11,097,245, issued by the U.S. Patent & Trademark Office (USPTO), covering 24 unique elements of its Electric-Powered, Closed-Loop, Continuous-Feed, Endothermic Energy-Conversion Systems and Methods (the System).

Key Points: 
  • PITTSBURGH, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (Montauk or the Company) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (RNG), today announced the Company has been awarded patent number US11,097,245, issued by the U.S. Patent & Trademark Office (USPTO), covering 24 unique elements of its Electric-Powered, Closed-Loop, Continuous-Feed, Endothermic Energy-Conversion Systems and Methods (the System).
  • We are excited to announce that the US Patent Office has recognized the uniqueness of our technology and granted this patent, which will enable Montauk to continue to pioneer new approaches to address the environmental impacts of industrial agriculture, while further diversifying our product offerings in the renewable energy economy, said Sean McClain, Montauk Renewables CEO.
  • As previously announced, Montauk intends to initially deploy its newly patented technology through a large-scale development project in North Carolina.
  • Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG.