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On Thursday, Tilray, Inc. (NASDAQ:TLRY) (TSX:TLRY) released its financial results for the first fiscal quarter ended August 31, 2021, revealing net revenue of $168 million, up by 43% year-over-year and below the consensus estimates of $174.93 million. Based in New York and Ontario, the company attributed the revenue growth to a 38% improvement in net cannabis revenue to $70 million, net beverage alcohol revenue of $15 million following the SweetWater acquisition, and revenue of $15 million from Manitoba Harvest.
...read full article on Benzinga
