As the share price of Tilray Brands closes seven per cent higher on the Toronto Stock Exchange on Tuesday, the company’s chief executive officer says an international appetite for cannabis and THC-infused beverages is helping profits grow more than previously expected.
Irwin Simon, chair and chief executive officer of Tilray Brands, joins BNN Bloomberg to discuss the company's latest quarter.
Although widely considered a cannabis company, Simon says sales in the craft beer segment were larger than anticipated. Tilyray has since acquired numerous other beverage companies, including Montauk Brewing Company, Alpine Beer Company and Green Flash Brewing Company.
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