Blue Point Brewing Company

Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024
Diamond, MedMen, CPG, SweetWater Brewing Company, Blue Point Brewing Company, Craft, Cannabis, Weather, TLRY, Minhas Craft Brewery, Acquisition, Metro New York, Adjustment, TSX, Highball, Drink, Oil, Wellness, Shock, Anheuser-Busch, Beer, Advertising, Prior, Conference, Breckenridge Brewery, Growth, Environment, Tilray, Snack, Pacific Northwest, Drug

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.

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
Shakedown, SweetWater 420 Fest, TSX, Sweetwater, Beer, TLRY, Music, Blue Point Brewing Company, SweetWater Brewing Company, Nightclub

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.

Tilray Brands Delivers Record Q2 Fiscal 2024 Net Revenue

Retrieved on: 
Tuesday, January 9, 2024
Diamond, Happiness, Growth, Minhas Craft Brewery, Beer, Shock, Pacific Northwest, Tilray, CPG, Blue Point Brewing Company, SweetWater Brewing Company, TSX, Conference, Acquisition, Snack, Anheuser-Busch, Cannabis, Breckenridge Brewery, Oil, TLRY, Lead, MedMen, Drug

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.

Blue Point Brewing Announces Cask Ales Festival and New Beer Lineup

Retrieved on: 
Monday, October 30, 2023
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NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Blue Point Brewing Company (“Blue Point”), a subsidiary of Tilray Brands, Inc. ("Tilray" or the "Company") (NASDAQ: TLRY and TSX: TLRY), is thrilled to announce the return of its highly anticipated 19th Annual Cask Ales Festival.

Key Points: 
  • NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Blue Point Brewing Company (“Blue Point”), a subsidiary of Tilray Brands, Inc. ("Tilray" or the "Company") (NASDAQ: TLRY and TSX: TLRY), is thrilled to announce the return of its highly anticipated 19th Annual Cask Ales Festival.
  • It’s about celebrating the community and the culture that surrounds it,” said Ty Gilmore, President, Tilray Beer.
  • Tickets for Blue Point’s 19th Annual Cask Ales Festival are available now .
  • Coinciding with the Cask Ales Festival, Blue Point is delighted to introduce its fall/winter beer offerings, featuring:
    Mother Pumpkin Ale : Spooky season is here, and we’re coming in hot with a refreshed look on the shelf.

Tilray Brands Reports Q1 2024 Financial Results

Retrieved on: 
Wednesday, October 4, 2023
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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.

Tilray Brands Closes Transaction Acquiring Eight Beer & Beverage Brands From Anheuser-Busch; Solidifies Leadership Position in U.S. Craft Beer Market

Retrieved on: 
Monday, October 2, 2023
Storm, Specialty, Marketing, CPG, Australian International Beer Awards, Craft, Caffeine, Wheat beer, Vanilla, CO, Acquisition, Great American Beer Festival, Minhas Craft Brewery, Breckenridge Brewery, NYSE, Heart, Shock, Friends, SweetWater Brewing Company, Icon brand, OR, Pilsner, Redhook, Alpine Beer Company, Widmer Brothers Brewery, TSX, Growth, White, White Christmas (Al Green album), TLRY, Anheuser-Busch brands, Beer, Juice, History, ID, World Beer Cup, Gold, Blue Point, Freezing, Farm House, Happy Flowers, Two Brothers Brewing, Hefe, Nitro, Blue Point Brewing Company, Anheuser-Busch, Country, Green Flash Brewing Company, Drug, Renewable energy, Pacific Northwest, Tilray

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands”, “Tilray”, “we” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced that the Company has closed its all-cash previously-announced acquisition of eight beer and beverage brands from Anheuser-Busch (NYSE: BUD), including the breweries and brewpubs associated with them. The acquired businesses include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.

Key Points: 
  • In 2023, the U.S. craft beer market is projected to generate approximately $30 billion in revenue, and to grow at a CAGR of approximately 7.2% through 20303.
  • These brands command great consumer loyalty and have a history of delivering strong award-winning products with tremendous growth opportunities.
  • Blue Point Brewing Company was founded in 1998 by two friends who wanted to bring local craft beer to Long Island.
  • In addition to Tilray Brands’ craft beer portfolio, Tilray also owns Breckenridge Distillery, the award-winning spirits brand and the World’s Best Blended Whisky, Truss Beverage Co. non-alcoholic cannabis-beverages, and Happy Flower CBD sparkling non-alcoholic cocktails.

Coldwell Banker Seaside Realty Names The Heather Sakers Team as Top Producing Team in Kitty Hawk.

Retrieved on: 
Friday, March 24, 2023
MLS, Beach House, PFA Team of the Year (1970s), Problem solving, Friends, Marketing, Blue Point Brewing Company, Outer Banks, OBX, Negotiation, Don Sakers, Kitty Hawk, National Association of Realtors, Blue Point, Family, Sales, Video game, Real estate

KITTY HAWK, N.C., March 24, 2023 /PRNewswire-PRWeb/ -- Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office.

Key Points: 
  • Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office.
  • KITTY HAWK, N.C., March 24, 2023 /PRNewswire-PRWeb/ -- Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office.
  • Heather and her team also earned the Coldwell Banker International President's Circle Team Award, an esteemed honor given to the top 14% of all sales associate/representative teams worldwide.
  • The Heather Sakers Team consists of team leader, Heather Sakers, along with team members Ann Taylor Lusk and Charles Gill.

ForeFront Power Installs 2.4 MW of Solar at Eight of Anheuser-Busch's Partner Craft Breweries Across the Country

Retrieved on: 
Friday, May 20, 2022
Budweiser, Education, Goose Island Brewery, Standard, Breckenridge Brewery, ForeFront Records, Climate change, Mitsui, Public sector, Electricity, Barrelhouse, Goal, Blue Point Brewing Company, Government, Blue Point, Beer, S&P Global Ratings, Wind, Industry, Facebook, Carbon, CO, Instagram, Long Island, Art Deco, Windy City, Anheuser-Busch, Kilowatt-hour, LinkedIn, Anheuser-Busch brands, Pickle Barrel House, Twitter, Solar energy, Water, CEO, Renewable energy

SAN FRANCISCO, May 20, 2022 /PRNewswire/ -- ForeFront Power, a leading developer, advisor, and asset manager for commercial and industrial-scale solar energy and storage projects, has partnered with America's leading brewer, Anheuser-Busch, to develop solar energy systems at eight breweries in its craft business unit, Brewers Collective. ForeFront Power has now completed solar energy installations at Goose Island Beer Co. in Chicago, Blue Point Brewing Co. in Patchogue, NY, Virtue Cider in Fennville, MI., Breckenridge Brewery in Littleton, CO, Devils Backbone Brewing Co. in Lexington, VA, Four Peaks Brewing Co., in Tempe, AZ, Karbach Brewing Co. in Houston, and 10 Barrel Brewing Co. in Bend, OR. Combined, these solar energy systems total 2.4 megawatt-DC (MWdc) and will help Anheuser-Busch avoid over 2 million pounds of carbon dioxide per year.

Key Points: 
  • "Many craft breweries are more than production facilities; they are now major tourist destinations and community hubs," said Michael Smith, CEO of ForeFront Power.
  • In Chicago, ForeFront Power installed a 377 kilowatt-DC (kW-DC) rooftop solar array atop Goose Island's Barrel House.
  • At Long Island's Blue Point Brewing Co., ForeFront Power installed a 217 kW-DC rooftop solar array atop the brewery's 54,000 sq.
  • *
    ForeFront Power is a leading North American developer of solar and energy storage solutions for commercial, industrial, public sector and community solar customers.

Stax Data Analytics Continues Strategic Expansion Under Mark Bremer

Retrieved on: 
Thursday, May 19, 2022
Company, Health, Education, History, Data science, Leadership, Multimedia, View, Blue Point Brewing Company, Blue Point, Instagram, LinkedIn, Twitter, Founder, Acquisition, Growth, Financial services, Video game, Stax, Facebook

With Stax's extraordinary growth within the private equity sector and rapidly expanding data and analytics practice, Mark will be responsible for the strategic expansion of Stax Data Analytics including oversight of the accompanying innovation and technology initiatives.

Key Points: 
  • With Stax's extraordinary growth within the private equity sector and rapidly expanding data and analytics practice, Mark will be responsible for the strategic expansion of Stax Data Analytics including oversight of the accompanying innovation and technology initiatives.
  • "Having been early providers of deal and operating data analytics for private equity firms and their portfolio companies, we see a great runway for innovation and talent to meet the demand and client base Stax has developed over the last three decades," said Mark Bremer, Vice Chairman, Stax Data Analytics.
  • Through a combination of proprietary tools, specialized teams, and deep knowledge of data analytics software and infrastructure, Stax Data Analytics helps management teams make data-driven decisions and drive organizational change for continuously better use of data and analytics to deliver value.
  • Mark has been the driving force behind Stax Data Analytics, in addition to his previous role as Stax President, where he led operational oversight of the core consulting business.

Stax Welcomes New Independent Board Member Pat Hedley

Retrieved on: 
Tuesday, April 19, 2022
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NEW YORK, April 19, 2022 /PRNewswire/ --Stax LLC, an analytically driven, global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms, PE-backed companies, hedge funds, and investment banks is pleased to announce the appointment of Pat Hedley to the Stax Board of Managers as an independent member.

Key Points: 
  • NEW YORK, April 19, 2022 /PRNewswire/ --Stax LLC, an analytically driven, global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms, PE-backed companies, hedge funds, and investment banks is pleased to announce the appointment of Pat Hedley to the Stax Board of Managers as an independent member.
  • With three decades of global private equity experience, Pat is an advisor, investor, and author focused on working with high-growth companies.
  • Pat is the Founder and CEO of The Path Ahead and acts as an advisor, board member, and investor in high-growth companies with leading-edge technologies.
  • Since 2016, Pat has invested in over a dozen innovative private companies, more than half led by women.