[PRESS RELEASE] – NEW YORK and LEAMINGTON, Ontario, Aug. 14, 2025 – Tilray Manufacturers Inc., a world way of life client packaged items corporate at the leading edge of the hashish, beverage and wellness industries, introduced that the corporate submitted an software soliciting for an extension to regain compliance with Nasdaq’s record requirements referring to its value in step with percentage.
The corporate is comparing a number of choices, together with, however now not restricted to, a stockholder-approved opposite inventory break up to deal with capital construction and care for adherence to Nasdaq’s persisted record necessities.
“Tilray’s buying and selling ranges have preferred in contemporary weeks following President Trump’s assessment of hashish rescheduling,” Tilray Manufacturers CEO Irwin Simon mentioned. “We consider this marketplace response displays buyers’ self assurance in Tilray’s assorted international platform and our skill to capitalize on a extra favorable regulatory setting. Tilray is a pace-setter in hashish, beverage and wellness, and our enlargement possible extends past any unmarried regulatory exchange.
“We’re happy to peer buyers extra as it should be spotting the intrinsic price of our differentiated industry portfolio. Tilray has a couple of choices to satisfy Nasdaq’s necessities, and with this extension request, we’re giving the marketplace time beyond regulation to show its self assurance in our long-term technique. We’re development the way forward for client items at Tilray, growing price for our consumers, sufferers and shareholders via a dedication to innovation at international scale.”