07:20 AM EDT, 10/17/2025 (MT Newswires) -- Tilray Brands ( TLRY ) said Friday it aims to see future growth in the cannabis sector boosted by expanded cannabis offerings in healthcare, on-site consumption of THC beverages, and policies that will promote competitiveness.

"While significant strides have been made, there is still important work to be done to further advance and refine regulations in Canada, ensuring the continued growth and success of the industry," the company said in a statement.

Tilray said its diversified platform is positioned to capitalize on future industry growth, with 5 million square feet of advanced cannabis cultivation facilities and current production of 210 metric tons.

Tilray shares are down $0.04, to $1.50, in U.S. pre-market trading.