---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-002221"
form_type: "8-K"
ticker: "TLRY"
cik: "0001731348"
company_name: "Tilray Brands, Inc."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:14:05.839601+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tilray Q3 revenue $145.6M, announces $56M acquisition of HEXO Corp

## Summary
- Net revenue $145.6M; 16th consecutive quarter of positive adjusted EBITDA ($14.0M).
- Recorded non-cash $1.1B net asset reduction (impairment) – no cash impact.
- Acquiring HEXO Corp for ~$56M in stock (0.4352 Tilray shares per HEXO share); expected close June 2023.
- Pro-forma Canadian market share ~12.9%, net sales ~$215M.
- Reiterates FY2023 positive free cash flow from operating segments.

## SEC filing metadata
- accession: 0001171843-23-002221
- form_type: 8-K
- ticker: TLRY
- cik: 0001731348
- company_name: Tilray Brands, Inc.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1731348/000117184323002221/0001171843-23-002221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1731348/000117184323002221/f8k_041023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-002221
- JSON: https://secwatch.observer/filing/0001171843-23-002221.json
- Plain text: https://secwatch.observer/filing/0001171843-23-002221.txt

## Key facts
- Earnings Releases
  Tilray Brands, Inc. reported financial results for third fiscal quarter ended February 28, 2023.
  - Period: third fiscal quarter ended February 28, 2023
  - Result: reported results
  source text: On April 10, 2023, Tilray Brands, Inc. (“Tilray”) issued a press release announcing financial results for its third fiscal quarter ended February 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1731348/000117184323002221/0001171843-23-002221-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.