Tilray Brands Inc. (TLRY:CA) Canaccord Genuity Maintains “Hold” Rating

Tilray Brands Inc. (TLRY:CA) (TLRY)

Analyst Update

Canaccord Genuity maintained its Hold rating on Tilray Brands with a 12 month target price of $13.00 per share, signaling a cautious but balanced outlook on the company’s near- to medium-term prospects. The analysis reflects recognition of Tilray’s diversified platform across cannabis, beverage alcohol, and wellness products, which provides some revenue stability and optionality beyond the core cannabis market.  Analysts remains mindful of ongoing challenges, including pricing pressure in Canadian cannabis, competitive intensity, and the pace of margin improvement. While Tilray continues to focus on cost discipline, brand consolidation, and expanding its international footprint, particularly in Europe, visibility into sustained profitability remains limited.

At the current valuation, Canaccord appears to view upside and downside risks as relatively balanced, with the $13.00 target suggesting modest appreciation potential contingent on improved execution, market rationalization, and progress toward consistent cash flow generation.

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