Tilray Brands: From Cannabis Pioneer to Beverage Disruptor with CEO Irwin D. Simon
Austin Hankwitz and Katie Perry sit down with Tilray Brands CEO, Irwin Simon, to discuss the company's evolution from a cannabis-centric business to a diversified portfolio of beverages and spirits. They explore Tilray's strategic acquisitions, its performance amidst regulatory challenges, and future growth plans. Simon provides insights into the company’s brand development, the pivotal shifts taken since 2018, and the strategy behind navigating the complex cannabis market. $TLRY 00:00 START 04:11 Challenges and Strategic Shifts 06:43 Expansion into Beverage and Spirits 13:46 Stock Performance and Market Perception 20:11 Regulatory Hurdles and Future Opportunities 24:25 Geographical Strategy and Market Focus 25:31 Expanding Beverage Business in the US 26:48 International Market Opportunities 27:45 Earnings and Revenue Growth 28:48 Acquisition Strategy and Brand Growth 33:17 Path to Profitability 42:07 Company Culture and Future Plans After Earnings is brought to you by Stakeholder Labs and Morning Brew. For more go to https://www.afterearnings.com Follow Us X: https://twitter.com/AfterEarnings TikTok: https://www.tiktok.com/@AfterEarnings Instagram: https://www.instagram.com/afterearnings_/ Reach Out Email: afterearnings@morningbrew.com Learn more about your ad choices. Visit megaphone.fm/adchoices