Mr. Blair MacNeil reports

TILRAY BRANDS EXPANDS THC BEVERAGE INNOVATION WITH THE LAUNCH OF MOLLO LITE BLACKBERRY LEMON SELTZER MULTI-PACK

Tilray Brands Inc. has launched Mollo Lite Blackberry Lemon Seltzer four-pack, the first light THC (tetrahydrocannabinol) beverage multipack under the Mollo brand. The launch expands Tilray's leadership in Canada's THC cannabis beverage category with a low-dose, sessionable format designed for adult cannabis consumers seeking refreshing flavour, approachable potency and convenient multipack occasions.

The Mollo Lite Blackberry Lemon Seltzer four-pack builds on Tilray's growing cannabis beverage platform and reinforces the company's ability to anticipate where the category is moving. As adult consumers increasingly seek lower-dose, social and occasion-based THC beverages, Tilray is expanding choice with a flavour-forward multipack that delivers convenience, shareability and a more approachable cannabis beverage experience.

Blair MacNeil, president, Tilray Canada, stated: "Tilray continues to lead THC beverage innovation in Canada by building brands, formats and flavour profiles that expand how adult consumers enjoy cannabis. Mollo Lite reflects the next evolution of the category: lower-dose, sessionable beverages that offer greater flexibility, convenience and choice. With our first light THC beverage multipack, we are creating more occasions for consumers to enjoy cannabis beverages while further strengthening Mollo's position as a leading brand in the category."

Crafted with all-natural flavours, Mollo Lite Blackberry Lemon Seltzer delivers a crisp, refreshing blend of blackberry and lemon in a light THC beverage format. Each 355-millilitre can contains 2.5 milligrams THC and five milligrams CBG (cannabigerol), offering adult consumers an approachable option for social and recreational occasions. Each four-pack contains a total of 10 mg THC and 20 mg CBG.

The Mollo Lite Blackberry Lemon Seltzer four-pack is now available in select markets through licensed cannabis retailers across Canada where cannabis products are sold. The launch marks the first offering in the Mollo Lite lineup, with additional SKUs (stock-keeping units) planned as Tilray continues to evolve its cannabis beverage portfolio.

Canadian cannabis products are produced and distributed by Aphria Inc., a licensed producer under the Cannabis Act.

About Tilray Brands Inc.

Tilray Brands is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness and entertainment, elevating lives through moments of connection. Tilray's mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray's unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.

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