Zinger Key Points
- Tilray moves cultivation of its top cannabis strain, Good Supply Jean Guy, to a high-tech facility in Masson-Angers, Québec.
- The transition includes new packaging for Jean Guy, set to launch on April 8, 2025, emphasizing Tilray's commitment to Québec.
- Feel unsure about the market’s next move? Copy trade alerts from Matt Maley—a Wall Street veteran who consistently finds profits in volatile markets. Claim your 7-day free trial now.
Tilray Brands, Inc. TLRY shares are trading lower in the morning session on Wednesday.
The company has officially transitioned the cultivation of its flagship cannabis strain, Good Supply Jean Guy, to its state-of-the-art production facility in Masson-Angers, Québec.
Previously cultivated in Ontario, the cannabis strain in Québec will now benefit from the advanced technology and high-performance capabilities of the Masson-Angers facility.
This move highlights Tilray’s commitment to enhancing its operations in Québec, with the company also unveiling new packaging for the Jean Guy strain. The updated logo and packaging are set to debut on April 8, 2025.
Also Read: Ryanair Soars Past 200 Million Passengers In One Year, Sets New European Record In Air Travel
The Masson-Angers facility, employs over 100 local residents, produces more than 12 tonnes of cannabis annually, with room for further expansion.
In addition to Jean Guy, the facility also grows other popular cannabis strains such as Grand Daddy Purps, Sweet Berry Kush, and Pineapple Express under the Good Supply brand.
According to Benzinga Pro, TLRY stock has lost over 72% in the past year. Investors can gain exposure to the stock via AdvisorShares Pure Cannabis ETF YOLO.
Recently, Tilray Brands and its subsidiary HEXO Corporation announced the successful dismissal of a lawsuit filed by Clement Italume.
The Massachusetts Superior Court, Suffolk County, granted Tilray and HEXO’s motion for summary judgment, dismissing Italume’s claims.
Price Action: TLRY shares are trading lower by 1.60% to $0.6437 at last check Wednesday.
Read Next:
Photo: Courtesy of PeopleImages.com – Yuri A via Shutterstock.
Edge Rankings
Price Trend
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.