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The Surprising Part of Tilray's Business That Drove Most of Its Growth Last Year

Tilray's distribution segment was the only one that generated double-digit growth in its most recent fiscal year.

The Surprising Part of Tilray's Business That Drove Most of Its Growth Last Year

Published August 3, 2026 · Category: Finance

Overview

Tilray Brands (NASDAQ: TLRY) has become much more diverse in recent years. It's become more than just a cannabis producer, as acquisitions in beverages have significantly broadened its opportunities and grown its operations. It's also been expanding into international markets.

Last week, the company reported its year-end numbers for fiscal 2026, and what was surprising was where the bulk of its revenue growth came from. It wasn't from beverages or even from the Canadian cannabis market. Instead, its distribution business was responsible for the vast majority of its growth.

Image source: Getty Images.

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Originally published at www.fool.com.

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