08:28 AM EDT, 08/14/2025 (MT Newswires) -- Tilray Brands ( TLRY ) said Thursday it has asked Nasdaq for additional time to meet its minimum share price requirement and is considering options such as a reverse stock split to maintain its listing.

The company said in March that Nasdaq had notified Tilray Brands ( TLRY ) about its non-compliance with the stock exchange's $1 minimum bid price requirement for continued listing.

Tilray Brands ( TLRY ) has several ways to regain compliance and intends to use the extension period to allow the market to respond to its strategy, Chief Executive Irwin Simon said Thursday.