(Finance) – Tilraya company active in the research, cultivation, processing and distribution of cannabis, has registered Net revenues up 23% to $ 152 million during the third quarter of fiscal 2022 (ended February 28, 2022). The increase was driven by 32% growth in cannabis revenue to 55 million, 64% growth in alcoholic beverage revenue by 20 million, and wellness segment revenue by 15 million. L’earning per share was $ 0.09. The marketAccording to Refinitiv data, he expected a loss per share of $ 0.08 on revenues of € 156.8 million.
“Our third quarter results reflect progress and momentum across all of our major business segments and geographies, setting the stage for achieving our target of $ 4 billion in revenue by the end of fiscal year 2024“commented Irwin D. Simon, president and chief executive officer of Tilray.
Through the Manitoba Harvest brand, Tilray has tightened a agreement to make its products available in over 300 shops Of Whole Foods nationwide, hitting shelves in April 2022.