Tilray Brands, Inc. (TLRY) has been a topic of discussion on Reddit, particularly in relation to its recent acquisition of several craft beer brands from Molson Coors. Reddit users are buzzing about the potential impact of Tilray's craft beers, such as Hop Valley Brewing, on major sporting events like college football and the NFL. One user highlighted the significance of these brands being featured at events, noting, "Just think 3 months ago Terrapin, Hop Valley & AtWater were all Molson Coors and Molson Coors took over a $100M loss and let us cheer on these new Tilray Beers." This suggests optimism about Tilray's strategic positioning in the beverage market.
Another discussion thread delves into the broader implications of Tilray's beer brands being served at high-profile venues. A user pointed out, "The beer will be coming from Hop Valley Brewing also based in Eugene, Oregon," emphasizing the local appeal and potential sales boost during the college football playoffs. The conversation reflects a positive sentiment towards Tilray's ability to leverage its craft beer portfolio to enhance brand visibility and drive sales, especially during major sporting events.
As of the latest update, Tilray Brands, Inc. (TLRY) is trading at $1.29, reflecting a slight increase of 0.78% from the previous close.