Mr. Vaughan Cutillo reports

MONTAUK BREWING COMPANY EXPANDS ITS COASTAL FOOTPRINT WITH NEW NORTH SHORE BREWPUB

Montauk Brewing Company, the coastal lifestyle and craft beer brand by Tilray Brands Inc., is bringing more of its come-as-you-are spirit to Long Island with the opening of its second brew pub location in the village of Port Jefferson, N.Y.

Known for fresh, easy-drinking beers, surf-town energy and its iconic red Brew Barn steps from the beach, Montauk Brewing has become a symbol of good times on the East End -- where locals, weekenders and craft beer fans come together over a shared love of sun, salt air and community.

Now open at 22 Mill Creek Rd. in Port Jefferson, the new 800-square-foot brew pub expands that unmistakable Montauk experience to Long Island's North Shore, creating a new destination for fresh pours, familiar favourites and the brand's relaxed coastal vibe.

"We started Montauk Brewing Company because we wanted to share the spirit of our hometown with everyone," said Vaughan Cutillo, co-founder of Montauk Brewing. "This new location is a testament not only to that original goal, but to our fans and partners who have helped us grow beyond the doors of our red barn."

The new location captures the Montauk brand and what it stands for completely: first waves, beach days, good friends, fresh beer, local flavour and a come-as-you-are energy. Patrons will be able to sip on Montauk Brewing staples, like Wave Chaser IPA and the Surf beer, as well as summer favourites like summer ale, watermelon session ale and summer sour.

"Port Jefferson, with its classic, easy-going coastal village charm, really felt like a natural fit, and we are dedicated to bringing the high-quality experience and brews we provide on the East End to Port Jeff," Mr. Cutillo added.

Come out and celebrate the opening with an official ribbon cutting ceremony with the Port Jefferson Chamber of Commerce and live music on Wednesday, Aug. 19, from 5 to 7 p.m. in Port Jefferson.

About Montauk Brewing Company

Montauk Brewing Company, founded in 2012 by long-time friends, embraces the motto "Come as you are," honouring adventure, surf culture, local community and the simple pleasures of coastal living. From its iconic red Brew Barn in downtown Montauk, located just steps from the surf, Montauk Brewing has grown from a hometown favourite into a lifestyle brand shaped by the people and places around it: beach crews, local regulars, weekenders, artists, makers and everyone drawn to the open, unpretentious spirit of the East End.

Rooted in summer, community and the no-frills good life, Montauk Brewing invites consumers to chase their wave, pull up a stool, share a round and carry the feeling of Montauk wherever the season takes them.

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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