Tilray Brands is trading at $2.80, up 5.66% in pre-market following its November 2 announcement raising the low end of FY2027 adjusted EBITDA guidance.
- The low end was raised to $70 million, from $68 million.
- Tilray announced a Canadian operations consolidation expected to generate about US$10 million in annualized savings by fiscal 2028.
- Recent coverage linked the earlier stock rise to the outlook increase; no separate November 4 company announcement was found.