Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY), a leading
global cannabis-lifestyle and consumer packaged goods company,
today announced a sustainability update on its pioneering
sustainable packaging initiative within its popular Canadian
cannabis brand,
Good Supply®. This Earth Day, Good
Supply is proud to showcase significant strides in their
environmental efforts as they expand the rollout of hemp-based
packaging for its pre-rolls, vape products, and whole flower
offerings.
With these eco-conscious packaging enhancements, Good Supply not
only continues their commitment to reducing single-use plastics,
but they also showcase the outstanding and increasing contribution
to environmental sustainability. Following the successful
introduction of the hemp packaging last summer, which diverted
approximately 131,000kg of plastic waste, Good Supply’s ongoing
efforts have now prevented over 925,000kg of plastic from reaching
landfills1—that’s 7x as much as last year since June 2023.
In partnership with PrintReleaf™ – the
industry leader in automated environmental offsets, Tilray has
also reforested 2500+
trees (as of this year April 2024 and counting) from
label usage, to offset
+215,000lbs from
150,000lbs worth of paper consumption, showcasing an
increase of 43% growth from the initial hemp
launch.
Good Supply is also rolling out additional sustainable
hemp packaging for *NEW* pre-rolls and vapes
including:
- The ‘Good Supply JUICED™’
infused pre-roll collection:
- Cosmic Cherry 0.5g single pre-rolls feature
sweet cherry and tart citrus flavours thanks to its Inzane
in the Membrane whole flower and Cherry
Loops vape concentrate infusion.
- Watermelon Chew 1g
Blunts featuring nostalgic and refreshing flavours from
Good Supply’s Melon Dream sativa-leaning flower
infused with Frozen Watermelon vape
concentrate.
- Cherry on Top 1g Blunts Duo
Pack featuring two flavours including Cosmic
Cherry and Golden Drizzle. Cosmic Cherry
Sativa is a very cherry blunt elevated with a delicate lemon citrus
sweetness for depth. Golden Drizzle Indica is a combo of sweet and
caramelized flavour notes, paired perfectly to hit hard in a
smooth-smoking, slow-burning hemp blunt wrap.
- The Discovery Pack, a signature 3-pack of 0.5g
pre-rolls that rotates flavours every six months, with this
upcoming spring and summer pack featuring Cosmic
Cherry, Watermelon Chew and Blue
Burst – which is a tasty indica featuring a cross of God
Kush whole flower with a blue raspberry infusion.
- Perk Work Pre-roll Variety
Pack, coming soon:
- A six-pack of 0.5g potent THC pre-rolls featuring Good Supply’s
all-star trio of finest sativas including: Jean
Guy’s iconic lemon, new Inzane in the
Membrane’s explosive citrus and new Melon
Dream’s fresh fruity flavour.
- Twisted AIO (All-in-One)
Vape, coming soon:
- These ready-to-go vapes feature two
bursting flavours that consumers can enjoy on their own or twisted
into a third unique flavour with the push of a button. The
all-in-one vape features the following options of Purple
Monkey & Frozen Watermelon and Orange Swirl
& Strawberry Freeze in a category-five flavour storm.
Good Supply’s Twisted vapes are ready to enjoy, rechargeable and
contain 1.2mg of flavoured distillate with 1,000mg of THC.
Good Supply hemp tubes and vape mouthpieces are green in more
ways than one – they’re biodegradable, so at the end of their
lifecycle, they can be mindfully composted in organic processing or
landfill facilities. Along with the hemp tubes for pre-rolls,
vapes, and vape mouthpieces, Good Supply uses 45% post-consumer
recyclable content for their whole flower bags.
Embracing the mindset of ‘Green You Can Feel Good
About’, and as part of their larger “Feel Good Highs”
strategy, Good Supply consistently re-enforces the notion that
consumers can feel good about every aspect of their cannabis
purchase, from the product to the packaging that comes with it.
Keep up with Good Supply’s sustainability journey as they
continue to produce quality cannabis products made
with environmentally conscious
materials that consumers and the planet deserve.
About Good Supply
Good Supply is one of Canada's leading cannabis brands and has
been recognized as #1 in flower, and best-selling pre-rolls, vapes,
and concentrates, and has become a favourite among consumers and
budtenders. At Good Supply, good is the new great. Rooted in
classic strains that punch above their weight, Good Supply delivers
consistent, hard-hitting quality at affordable prices. Explore
classic strains, innovative formats, and new flavours – we’re
always up for a good time.
To learn more about Good Supply and its latest product launches,
visit www.goodsupplycannabis.com and follow
@goodsupplycannabis.
About Tilray Brands
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), is a leading
global cannabis-lifestyle and consumer packaged goods company with
four distinct and complementary business segments including medical
and adult-use cannabis, medical distribution, wellness foods, and
beverage-alcohol. Tilray Brands is on a mission to change
people’s lives for the better – one person at a time - by inspiring
and empowering the worldwide community to live their very best
life, enhanced by moments of connection and wellbeing. Patients and
consumers trust Tilray Brands to be the most responsible,
trusted and market leading cannabis and consumer products company
in the world with a portfolio of innovative, high-quality, and
beloved brands that address the needs of the consumers, customers,
and patients we serve. A pioneer in cannabis research, cultivation,
and distribution, today Tilray Brands’ unprecedented and
diversified production platform supports a portfolio of
best-in-class brands in over 20 countries including comprehensive
adult-use and medical cannabis offerings, hemp-based foods, and
craft beverages across North
America, Europe, Australia, and Latin America.
For more information on Tilray Brands, visit Tilray
Brands, Inc. and follow @Tilray on Instagram, Twitter,
Facebook, and LinkedIn.
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 concerning, among other things, the Company’s ability
to commercialize new and innovative products worldwide and achieve
listed sustainability forecasts. 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.
Contacts:Media:Kaitlin
Macapagalnews@tilray.com
InvestorsRaphael
Gross203-682-8253Raphael.Gross@icrinc.com
1 Disclaimer: This numeric value towards plastic diversion is
based on annual Good Supply sales volumes as of April 2024.
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