Tilray Brands (TLRY) Boosts Revenue Mix with New Cannabis, Wellness, and Beverage Products

We recently published 12 Best Healthcare Stocks to Buy Under $30. Tilray Brands, Inc. (NASDAQ:TLRY) is one of the best healthcare stocks.

Tilray Brands, Inc. (NASDAQ:TLRY) is a global lifestyle and consumer goods company focused on cannabis, beverages, and wellness. In June 2025, the company launched its 2025 summer cannabis collection in Canada, featuring new THC beverages, pre-rolls, vapes, aromatic flowers, and infused edibles. This product diversification targets varied consumer preferences and reinforces Tilray’s leadership in the cannabis market.

Recently, Tilray Brands, Inc. (NASDAQ:TLRY) expanded into wellness snacks with the launch of Humble Seed Whole Wheat Protein Crackers at Whole Foods Market, marking a strategic move beyond cannabis. This launch triggered a 4.9% share price increase, an analyst upgrade, and a significant insider purchase by CEO Irwin D. Simon, reflecting strong confidence in the company’s growth direction. While not traditionally in the same category, some investors view Tilray’s wellness and pharmaceutical distribution segment as aligning with certain best healthcare stocks themes due to its role in health-oriented consumer products

the business’s diversified revenue streams now include cannabis (30%), beverages (29%), pharmaceutical and wellness product distribution (33%), and hemp-based foods (8%). This broad portfolio helps mitigate regulatory risks in the U.S. and supports long-term growth. Tilray Brands, Inc. (NASDAQ:TLRY) projects adjusted EBITDA growth of 13–31% for the fiscal year ending May 2026, which indicates optimism about expanding operations and profitability.

While we acknowledge the potential of TLRY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.