Tilray raises fiscal 2027 adjusted EBITDA guidance floor to $70 million
TLRY•Tilray Brands raised its fiscal 2027 adjusted EBITDA guidance to $70 million-$75 million from $68 million-$75 million, citing operational efficiencies and cost reductions. It expects Canadian cannabis consolidation to generate about US$10 million in annualized savings beginning in fiscal 2028.
1. Guidance raised
Tilray Brands raised its fiscal 2027 adjusted EBITDA guidance range to $70 million-$75 million from $68 million-$75 million, reflecting operational efficiencies and cost reductions.
2. Canadian operations
The company expects Canadian cannabis consolidation to generate approximately US$10 million in annualized savings beginning in fiscal 2028. Cultivation will move from Foss to Masson, and pre-roll production will shift to Cayuga; Foss operations are expected to end January 31, 2027.
