MARKET WIRE NEWS

Lighter. Cheaper. Funner. Pub Light Is Here.

MWN-AI** Summary

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY) recently introduced Pub Light, a new American-style light lager from its Cheap Fun beer line, designed for easy drinking and social gatherings. Launched on March 11, 2026, Pub Light offers a refreshing option with only 99 calories and a 4% ABV, embodying the brand's ethos of providing "lighter, cheaper, funner" beverages.

Brewed with 100% malt and free from sugar, corn, rice, or filler ingredients, Pub Light prioritizes simplicity and enjoyability. Senior Brand Manager Moo Eakin stated, “We took everything we love about Pub Beer, tore it apart, built it back better, and landed on a brand-new recipe that’s lighter and easier,” highlighting the brand's commitment to creating a clean, crisp, and enjoyable beer experience.

Pub Light is now available at select restaurants, bars, and retailers throughout the Pacific Northwest, sold in 16oz six-packs and 12oz eighteen-packs. The launch aligns with Pub Beer’s broader philosophy of delivering affordable and straightforward beer that celebrates social enjoyment without pretension.

Pub Beer, the foundation for this new offering, champions the spirit of "Cheap Fun," focusing on delivering uncomplicated beer designed for good times with friends. Tilray Brands, a global leader in lifestyle and consumer packaged goods, aims to transform various sectors, including cannabis and beverages, offering unique products that foster connections and memorable experiences.

For more details, customers can explore the Cheap Fun family of products at cheapfunbeer.com. As with all alcoholic beverages, consumers must be 21 or older to purchase and enjoy responsibly.

MWN-AI** Analysis

The recent launch of Pub Light by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) signifies an exciting new chapter for the company amidst a dynamic beverage market. As the consumer trend shifts toward healthier lifestyle choices, light lagers such as Pub Light—boasting a mere 99 calories and 4% ABV—position Tilray to capitalize on this wave of change.

Targeting a niche within the burgeoning light beer segment, Pub Light's emphasis on being “lighter, cheaper, and funner” aligns well with the ethos of value-conscious consumers. The beer’s clean profile—crafted without fillers or additives—appeals to a demographic seeking authentic choices without compromising taste, potentially expanding Pub Beer’s market share.

For investors, this launch presents both opportunities and risks. On the one hand, Pub Light enhances Tilray’s product portfolio, representing a strategic move to tap into a market that continues to grow. The emphasis on an accessible price point could foster customer loyalty, increasing repeat purchases and brand recognition in a highly competitive landscape. On the other hand, investors should monitor how effectively Tilray markets Pub Light and manages its distribution, particularly given the ongoing pressures in the consumer packaged goods space.

Given Tilray's robust infrastructure and established presence in the beverage sector, the company should be well-positioned to distribute Pub Light effectively across various channels. Monitoring sales figures and consumer feedback will be crucial in gauging the success of this new offering as market dynamics evolve.

In conclusion, while Tilray’s introduction of Pub Light is encouraging, potential investors should approach with a measured perspective. The brand's ability to balance quality, pricing, and consumer trends will ultimately dictate its trajectory in an ever-changing market landscape. Investing in Tilray could be a wise decision, provided there’s due diligence on performance metrics post-launch.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

BEND, Ore., March 11, 2026 (GLOBE NEWSWIRE) -- Pub Beer, the Cheap Fun beer brand by Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), today announced the launch of Pub Light, a new American-style light lager built for easy drinking and long hangs. With 99 calories and 4% ABV, Pub Light delivers everything fans expect from Pub Beer — just lighter, cheaper, and funner.


Pub Light skips additives, gimmicks, and over?engineered tasting notes in favor of what actually matters. Brewed with 100% malt and made without sugar, corn, rice, or filler ingredients, Pub Light is clean, crisp, and dry — a no?nonsense lager designed to keep the good times going.

Born from Pub Beer’s “Cheap Fun” mindset, Pub Light is the lighter side of the lineup, approachable, highly drinkable, and built for good times that don’t require a rulebook. It’s the kind of beer you enjoy.

“We took everything we love about Pub Beer, tore it apart, built it back better, and landed on a brand-new recipe that’s lighter, and easier,” said Moo Eakin, Senior Brand Manager, Pub Beer. “It’s cold, crisp and the beer you wish you grabbed sooner.”

Pub Light is available now at select restaurants, bars, and retailers across the Pacific Northwest.

Available in: 

  • 16oz 6packs 
  • 12oz 18packs 

For more information on Pub Light and the rest of the Cheap Fun family, visit cheapfunbeer.com.  

Enjoy responsibly. Must be 21+ to purchase and consume.

About Pub Beer 

Cheap Fun is what happens when your heart says yes and your wallet says no. Born from the cult-favorites Pub Beer and Pub Cerveza, Cheap Fun. doesn’t do fancy tasting notes, hop-forward buzzwords or over-the-top packaging—just cold, easy-drinking beer crafted for good times, which is the only thing we take seriously around here. For more information, visit:?cheapfunbeer.com 

About Tilray Brands

Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.

For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.

Forward-Looking Statements

Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.

For further information, please contact

Media: news@tilray.com
Investors: investors@tilray.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42b87cc6-3009-46ca-8f6c-ab2a08098a05


FAQ**

How does the launch of Pub Light by Tilray Brands Inc. (TLRY) align with current market trends in the light beer segment, and what competitive advantages does it offer over existing products?

Tilray's launch of Pub Light aligns with the growing market demand for lower-calorie, craft-style light beers while leveraging its unique cannabis-infused product strategy to differentiate itself from competitors and attract a health-conscious consumer base.

What specific marketing strategies will Tilray Brands Inc. (TLRY) implement to promote Pub Light and ensure it resonates with both new and existing consumers in the Pacific Northwest?

Tilray Brands Inc. (TLRY) will implement targeted digital marketing campaigns, influencer partnerships, localized events, and community engagement initiatives to promote Pub Light, ensuring it aligns with the preferences of both new and existing consumers in the Pacific Northwest.

Can Tilray Brands Inc. (TLRY) provide insights on the projected impact of Pub Light's introduction on overall sales and brand perception within its Cheap Fun product lineup?

Tilray Brands Inc. (TLRY) can potentially provide insights into how Pub Light's introduction may enhance overall sales and improve brand perception within its Cheap Fun product lineup by analyzing consumer trends, market reception, and competitive positioning in the cannabis industry.

How does the innovation behind Pub Light reflect Tilray Brands Inc. (TLRY)'s broader mission of creating memorable experiences and its position in the evolving beverage market?

The innovation behind Pub Light showcases Tilray Brands Inc.'s commitment to enhancing consumer experiences in the evolving beverage market by merging quality cannabis with social settings, thereby fostering a unique entertainment experience that aligns with its broader mission.

**MWN-AI FAQ is based on asking OpenAI questions about Tilray Inc (TSXC: TLRY:CC).

Tilray Inc

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