Montauk Brewing Company

Embrace The Chill With Montauk Brewing’s Cold-Weather Beers

Montauk’s New Cold Day IPA and Driftwood Ale Are Brewed to Warm Your Spirit

 

NEW YORK (December 14, 2023)Montauk Brewing Company (“Montauk Brewing” or “Montauk”), the leading and fastest-selling craft brewer in Metro New York and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), announces the seasonal release of its fan-favorite winter offerings , Cold Day Indian Pale Ale (“IPA’) and Driftwood Ale. Both are available throughout the Northeast. Cold Day IPA is available in twelve-packs and six-packs 12-ounce cans, 19.2-ounce singles, and on draft. Driftwood Ale is available in six-packs 12-ounce cans and on draft.

Montauk Brewing crafts the two special brews to celebrate the winter season and moments that call for beers that warm the spirit.

  • Cold Day IPA (6.7% alcohol by volume (ABV)) is a slightly hazy India Pale Ale with crisp juicy notes, reminiscent of the invigorating chill of a winter day. Brewed with Amarillo and Strata hops, the IPA delivers a delightful blend of citrus, pine, and tropical fruit aromas.

  • Driftwood Ale (6% ABV) is an English Pale Ale and offers a rich malty flavor with hints of toast, nuts, and biscuits. The well-balanced ale is perfect for sipping by a fireplace or enjoying with hearty winter meals.

“Montauk is all about brewing easy-drinking beers. Cold Day and Driftwood are both styles that were brewed for the cold and icy days we face during winter in Montauk. Cold Day IPA is one of our most frequently requested beers every winter, while Driftwood Ale delivers the quintessential malty, nutty and caramel flavors people expect in a winter beer without being overly heavy. Both beers are great choices for the colder months ahead,” said Vaughan Cutillo, Co-Founder and Marketing at Montauk Brewing.

About Montauk Brewing Company

Montauk Brewing Company (“Montauk Brewing”), founded in 2012 by longtime friends, embraces the motto “Come as You Are,” honoring adventure and passion for the simple pleasures in life. Today, the beloved brand is the #1 fastest-selling Craft Brewery in Metro New York according to Nielson data and is a subsidiary of Tilray Brands (Nasdaq: TLRY; TSX: TLRY).

Montauk Brewing invites you to visit their red Brew Barn in downtown Montauk, open year-round for fresh beer needs, located just steps from the surf – right where it belongs.

Montauk Brewing is a subsidiary of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.   

For further information about Montauk Brewing Company, please visit www.montaukbrewingco.com and follow @montaukbrewco.

About Tilray Brands

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), is a leading global cannabis lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering a worldwide community to live their very best life, enhanced by moments of connection and wellbeing. Tilray’s mission is to be the most responsible, trusted, and market-leading cannabis and consumer products company in the world with a portfolio of innovative, high-quality, and beloved brands that address the needs of the consumers, customers, and patients we serve. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.

For more information on how we open a world of well-being, visit www.Tilray.com and follow @tilray on all social platforms.

Forward-Looking Statements

Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations.  Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.

For further information:

SweetWater Brewing Company Media:

Chris Hong, christopher.hong@rygr.us, (970) 924 - 0704 ext. 2103,

Tilray Brands Media: Berrin Noorata, news@tilray.com

Tilray Brands Investors: Raphael Gross, (203) 682-8253, Raphael.Gross@icrinc.com

TILRAY BRANDS PRESENTS THE BEST HOLIDAY DRINKING GIFTS FOR CRAFT BEER LOVERS AND WHISKEY ENTHUSIASTS

 Celebrate the Holiday Season with the World’s Best Blended Whiskey and Award-Winning Craft Brews

 

NEW YORK – December 7, 2023 – Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company, unveils its 2023 holiday spirits and craft brews gift guide. This curated selection features award-winning drinks from Tilray Brands’ portfolio of craft beverage brands, showcasing the internationally acclaimed spirits brand Breckenridge Distillery and exceptional craft beers from 10 Barrel Brewing, a Great American Beer Festival laureate, Widmer Brothers, a silver medalist at the Great International Beer and Cider Competition, thirst-quenching beers from SweetWater Brewing Company, highly refreshing brews from Montauk Brewing Company, and the coveted Belgian-style wheat ale from Shock Top.

Whiskies to Gift and Sip

Breckenridge Distillery the highly awarded spirits brand and World’s Best Blended Whiskey offers premium spirits for the holiday season:

o   Breckenridge Bourbon Whiskey: Breckenridge Bourbon Whiskey is one of the most awarded craft bourbons in the U.S. This high-rye Bourbon Whiskey is aged for a minimum of three years, in charred, new American oak barrels, and blended to reveal the unique qualities of the Bourbon Whiskey. It offers a deep, honey-amber hue with pronounced aromas of butterscotch, candied orange, and apple; dry cacao and brown sugar envelop the tongue as the spirit lingers with notes of vanilla and white pepper.

o   Breckenridge High Proof: Named World’s Best Blended Whiskey at the World Whiskies Award, this award-winning Whiskey is a perfectly blended Bourbon, but with a twist, bottled at a gripping 105 proof, delivering a masterful combination of rich, dark caramel and toasted almonds, along with burnt baker’s chocolate and dried orange peel, with a lingering finish of vanilla and spice.

o   Breckenridge PX Sherry Cask Finish: a 3-time Best American Blended winner at the World Whiskies Awards and a Double Gold Winner at the San Francisco World Spirits Awards, this PX Sherry Cask Finish is a unique blend of flavors from the barrels of luscious, syrupy dessert wine from the Andalusia province of Spain, that complements the sweet oak and vanilla character of Breckenridge’s world-renowned rich, spicy, Bourbon Whiskey; it gracefully emerges from the wine’s ripe fruity vessels with complex layers of fig compote, orange marmalade, and licorice.

 

For the True Craft Beer Fans

SweetWater Brewing Company known for its iconic 420 Pale Ale and hoppy IPAs introduces new holiday seasonal brews:

o   Georgia Brown Ale: The malt bill in this ale gives a subtle nutty & toasty flavor, while the chocolate malt provides a rich cocoa flavor with aromas that range from roasted coffee to chocolate-covered dark fruits. Provide clean floral, fruity and herbal notes.

o   Festive Ale: A cheerfully spiced Winter Warmer with big, complex flavors. Loaded with Centennial and Golding Hops and capped with a dose of cinnamon and ground mace, Festive Ale is a high-octane brew that keeps drinkers warm and toasty through the winter.

Montauk Brewing Company captures the unique spirit of Montauk in their premium craft brews:

o   Driftwood Ale: This well-balanced English Pale Ale is known for its dark copper color and easy drinkability. Victory malts give this beer terrific toasty, nutty, and biscuity flavors at 6% ABV.

o   Cold Day IPA: With slight haze and crisp, juicy notes, Cold Day IPA warms your spirit and reminds you that the freezing days are still beautiful ones.

Breckenridge Brewery the original ski town brewery offers big seasonal flavors:

o   Christmas Ale: One of the larger seasonal beers in the nation and sold nationwide., Breck Brew’s Christmas Ale is a malty, full-bodied winter warmer with extra flavor and strength. This festive brew features an abundance of carefully roasted malts, creating notes of caramel and chocolate, while Chinook and Mt. Hood hops contribute a spicy quality for balance and a clean finish.

o   Holidale: A limited-edition whiskey barrel-aged version of the popular Christmas Ale, this Holidale is a brew to warm the spirit, offering toasted biscuit notes complemented by soft caramel sweetness with hints of oak and whiskey. Striking deep red, this strong specialty brew makes a coveted holiday gift for beer and whiskey lovers.

o   Vanilla Porter: A year-round beer but an all-time fan favorite during the holiday season, featuring aromas of vanilla and toasted grain sets the stage for mellow flavors of vanilla and dark roasted malts in this popular porter.

 

10 Barrel winner of the Great American Beer Festival awards for best American Sour Ale, Field Beer, and German Sour Ale introduces amplified HopBurst IPAs for the holidays:

o   10 Barrel’s HopBurst IPA Family:

o   Apocalypse HopBurst West Coast IPA: Taking their West Coast IPA, 10 Barrel loaded up the hops for massive flavor and enhanced aromatics, locking in notes of pine and citrus for a bright golden appearance and medium body, making this a flagship staple of the HopBurst lineup. It’s impossible to miss this recipe's herbal, grapefruit, and stone fruit aromas.

o   All Ways Down HopBurst Double IPA: A double IPA bursting with hops! This recipe began as a specialty brew with friends from Rome Snowboards, inspired by the many Double IPAs found in their home state of Vermont. A fan-favorite from the start, this recipe brings citrus, cannabis and pine flavors with sweet aromas of pineapple and mango. Watch out for that higher ABV, this Double packs a punch.

o   Cloud Mentality HopBurst Hazy IPA: Tossing a truckload of hops into their Hazy IPA at the end of its brewing process, Cloud Mentality brings an explosion of flavor and aromatics. This technique traps all the juicy, tropical notes while maintaining a balanced taste and keeping the bitterness in check for a final result of a sweet stone fruit finish and aromas of citrus and tropical fruit.

Blue Point Brewing known for its award-winning Amber Lagers offers full flavor this holiday season:   

o   Toasted Lager: Blue Point’s original Long Island Lager is the first beer they’ve ever brewed. Smooth, balanced, and classic, Toasted Lager enjoys a 25-year heritage as a staple in the New York craft beer scene, often the first beer many Long Islanders ever drink. Extremely crushable and easy to love. Its awards include a World Beer Cup Gold medal, GABF (Great American Beer Festival) awards, and more.

o   Winter Warmer: A seasonal Winter Ale full of Blue Point’s favorite winter spices – vanilla, cinnamon, and nutmeg. Brewed to a cozy 6.4% ABV, Winter Warmer features notes of chocolate, root beer, gingerbread, toasted marshmallows, hints of sweet dark fruit, and a kick of classic holiday spice.

Widmer Brothers, the 2023 Large Size Brewery of the Year according to Best of Craft Beer Awards offers a seasonal variety of beers including:

o   Brrr Hoppy Red: A legendary winter seasonal and silver medalist at the Great International Beer and Cider Competition, this Northwest-Style Red ale features caramel and dark chocolate malts bringing out the indulgent sweet flavor that balances wonderfully with its smooth bitterness.

o   Widmer Hefe: With a current total award count of 33, Widmer’s Hefe features floral citrus notes to the naturally cloudy body and refreshing finish. Its golden yet cloudy brew has become an international craft brewing staple and forever known as America’s Original Hefeweizen.

o   Widmer Imperial Hefe: Unmatched, this Imperial Wheat lords over ales with robust wheat flavors, joining houses with Citra, Vista and Idaho-7 hops, all while remaining true to its wheat sovereignty by tasting smooth, balanced, and bright.

Redhook, the award-winning brewer of Big Ballard Imperial IPAs offers new flavors for the holidays:

o   Big Ballard Imperial IPA: The OG of the family, Big Ballard Imperial IPA is a tribute to Redhook’s original stomping grounds. Living up to its name with a bold hop profile featuring a deep golden body and crisp finish. 

o   Hazy Big Ballard Imperial IPA: Bold and juicy, with citrus and tropical flavors, a soft body, and lingering hops on the finish. Whatever you’re building, Hazy Big Ballard is the perfect way to cap off a long day and give you the reward you have earned.

o   Tropical Big Ballard Juicy IPA: A big beer with big IPA flavors to live up to the name but with a softer touch. Brewed with mouthwatering natural Orange, Pineapple, Starfruit and Coconut, this IPA puts you at ease with every sip, as if you were on a beach in a tropical destination.

Shock Top continues to impress with its coveted Belgian-style wheat ale.

o   Belgian White: This spiced Belgian-style wheat ale is the pinnacle of refreshment brewed with real orange, lemon and lime peels for a smooth, citrusy finish. The beer that is always down to chill - and be chilled.

For the Cider Enthusiasts

Square Mile: the 6-time award-winning original hard cider offers new holiday essentials:

o   Imperial Apple Pie: Perfect for the holiday season, this irresistible cider has the sweet taste of baked Apples and pie spices.

o   Imperial Blackberry Pie: There’s nothing like the sweet taste of baked blackberries in every sip of this Imperial Blackberry Pie.

o   Rosé Apple Cider: There’s a certain power in the earth’s most subtle flavors – like the rose hips and hibiscus that fill each can of this Rose Cider creating a classic rosé color, beautiful tartness and acidity.

 "This holiday season, we're especially proud to highlight our expanded portfolio of craft beverages showcasing a diverse array of award-winning craft beers from esteemed brands like SweetWater Brewing, Montauk Brewing, Shock Top, and more. These craft brews, along with our exceptional ciders and whiskies, are not just beverages but a true celebration of the holiday spirit and our passion for innovative brewing. We are committed to offering drinks that reflect our premium craft quality and introduce unique flavors and experiences ideal for holiday enjoyment. Whether you're toasting to longstanding traditions or creating new ones, Tilray Brands' holiday selections are designed to elevate your festive moments," said Ty Gilmore, President, U.S. Beer at Tilray Brands.

For product availability, please visit our brand websites linked above.

About Tilray Brands

Tilray Brands, Inc. (Nasdaq: TLRY and TSX: TLRY) is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people’s lives for the better – one person at a time – by inspiring and empowering the worldwide community to live their very best life by providing them with products that meet the needs of their mind, body, and soul and invoke a sense of wellbeing. Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and well-being through high-quality, differentiated brands and innovative products. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages.

For more information on Tilray, visit Tilray Brands, Inc. and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn.

Forward-Looking Statements

Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under U.S. and Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.

Contacts:

Media:

Jaydon Case
news@tilray.com

Investors
Raphael Gross
203-682-8253
Raphael.Gross@icrinc.com

MONTAUK BREWING EXPANDS DISTRIBUTION ACROSS THE SOUTHEAST AND LAUNCHES IN FLORIDA

Bringing the Spirit of New York's Favorite Craft Beers to the Sunshine State 

  

NEW YORK (Dec. 6, 2023) – Montauk Brewing Company (“Montauk Brewing” or “Montauk”) the #1 and fastest-selling craft brewer in Metro New York according to Nielson data, known for its exceptional beers and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announced today expansion of its distribution into Florida. Montauk will bring two of its most popular styles, Wave Chaser India Pale Ale and Surf Beer Golden Ale, to the Sunshine State’s burgeoning beer market. 

Starting with a launch in the Tampa-St. Petersburg Metropolitan Area, through partnerships with Great Bay Distributors, Pepin Distributing, and Gold Coast Eagle Distributing, Montauk Brewing is set to quench the thirst of Florida's beer market. The rollout is a major milestone in Montauk's growth plan, which has seen its presence expand significantly in New York, New Jersey, Connecticut, Rhode Island, Pennsylvania, and Georgia. 

“We are incredibly excited to bring Montauk Brewing to Florida’s vibrant beer scene. The Sunshine State is a great opportunity for Montauk, with new drinkers that we’re eager to introduce to our coastal-inspired brews and a strong contingent of New Yorkers who are already fans,” said Terry Hopper, VP Sales of U.S. Beer at Tilray. 

A light, easy-drinking brew, Surf Beer Golden Ale (4.5% alcohol by volume (ABV)) is an ode to keeping it simple and enjoying the No-Frills Good Life all year long. Wave Chaser IPA (6.4% ABV) is Montauk’s signature, approachable IPA packed with El Dorado, Azacca, Columbus and Chinook hops for incredible tropical and pine aromas and waves of endless flavors. Both will be available on draft and in six-packs of 12-ounce cans. 

Stay tuned as Montauk Brewing continues to make waves and spread its passion for high-quality, craft beer across the nation. 

About Montauk Brewing Company 

Montauk Brewing Company (“Montauk Brewing”), founded in 2012 by longtime friends, embraces the motto “Come as You Are,” honoring adventure and passion for the simple pleasures in life. Today, the beloved brand is the #1 fastest selling Craft Brewery in Metro New York according to Nielson data and is a subsidiary of Tilray Brands (Nasdaq: TLRY; TSX: TLRY). 

Montauk Brewing’s beloved brews are now available across 3,500 retail locations and several of NYC’s major venues including Citi Field, Madison Square Garden, Moynihan Train Hall, and UBS Arena. Montauk Brewing’s distributors in the U.S. include Shore Point Distributing Company, Inc., Kramer Beverage Company, Oak Beverages Inc., Lake Beverage Corporation, Saratoga Eagle, Eagle Beverage Company, Try-It Distributing, A.L. George, McCraith Beverages, Dutchess Beer Distributors, Northeast Beverage, Boening Brothers, SKI Distributing, Kohler Distributing, F&F Distributors, Inc., and C&C Distributors RI. 

Montauk Brewing invites you to visit their red Brew Barn in downtown Montauk, open year-round for fresh beer needs, located just steps from the surf – right where it belongs. 

Montauk Brewing is a subsidiary of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.    

For further information about Montauk Brewing Company, please visit www.montaukbrewingco.com and follow @montaukbrewco

 

About Tilray Brands 

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), is a leading global cannabis lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering a worldwide community to live their very best life, enhanced by moments of connection and wellbeing. Tilray’s mission is to be the most responsible, trusted, and market-leading cannabis and consumer products company in the world with a portfolio of innovative, high-quality, and beloved brands that address the needs of the consumers, customers, and patients we serve. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages. 

For more information on how we open a world of well-being, visit www.Tilray.com and follow @tilray on all social platforms. 

 

Forward-Looking Statements 

Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations.  Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws. 

For further information: 

SweetWater Brewing Company Media:  

Chris Hong, christopher.hong@rygr.us, (970) 924 - 0704 ext. 2103, 

Tilray Brands Media: Jaydon Case, news@tilray.com 

Tilray Brands Investors: Raphael Gross, (203) 682-8253, Raphael.Gross@icrinc.com 

TILRAY’S BEST-SELLING BEERS MAKE LANDFALL AT ATLANTIS, BAHAMAS

TILRAY’S BEST-SELLING BEERS MAKE LANDFALL AT ATLANTIS, BAHAMAS

Tilray’s expansion into the popular tourism destination will be led by Montauk’s year-round favorite, Wave Chaser India Pale Ale (IPA), and SweetWater’s 420 Extra Pale Ale (EPA), two cornerstones of its craft beer portfolio, which also includes Green Flash Brewing and Alpine Brewing.

MONTAUK BREWING EXPANDS DISTRIBUTION BEYOND THE NORTHEAST

Montauk’s Easy-Drinking and Best-Selling Craft Beers Are Now Available at Major Retailers, Restaurants and Bars Across Georgia

 

NEW YORK CITY – September 14, 2023Montauk Brewing Company (“Montauk Brewing” or “Montauk”), the leading and fastest-selling craft brewer in Metro New York[1], known for its exceptional craft beers and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), announced today the beginning of a highly-anticipated expansion beyond the Northeast that will begin in Georgia, and continue to other major markets in the U.S. later this year

“This is a huge moment for Montauk Brewing, as we begin a sustainable path to becoming a national brand. Since Montauk Brewing was founded 11 years ago, the buzz around its innovative, easy-drinking beers has spread far beyond New York. Consumers and retailers across the country constantly ask us when Montauk will be available in their cities, and we’re excited that we can now show them why Montauk is the top craft brewer in New York,” said Ty Gilmore, President of U.S. Beer at Tilray.

Montauk’s best-selling styles of its drinkable craft beers are now available in both cans and kegs, including:

  • Wave Chaser India Pale Ale (IPA) [6.4% Alcohol By Volume (ABV)]: A super clean and refreshing ale brewed with Chinook, Azacca, Columbus and El Dorado hops that deliver a wave of tropical and pine aromas.

  • Cold Day IPA (6.7% ABV): Inspired by Montauk’s icy winds and frosty waters in the winter, the slightly hazy IPA was brewed with Amarillo and Strata that deliver crisp juice notes that warm the spirit.

  • Driftwood Ale (6% ABV): A well-balanced English Pale Ale known for its dark copper color and easy drinkability, thanks to its Victory malts, which deliver terrific toasty, nutty and biscuity flavors.

  • Box of Montauk: A rotating variety pack filled with Montauk’s best seasonal and flagship beers, featuring Wave Chaser IPA, The Surf Beer, Juicy IPA, and Tropical IPA for Fall 2023.

Montauk’s best-selling craft beers are now available across major retailers, restaurants, and bars throughout Georgia.

About Montauk Brewing Company

Montauk Brewing Company (“Montauk Brewing”), founded in 2012 by longtime friends, embraces the motto “Come as You Are,” honoring adventure and passion for the simple pleasures in life. Today, according to Nielson data, the beloved brand is the #1 fastest selling Craft Brewery in Metro New York and is a subsidiary of Tilray Brands (Nasdaq: TLRY; TSX: TLRY).

Montauk Brewing invites you to visit their red Brew Barn in downtown Montauk, open year-round for fresh beer needs, located just steps from the surf – right where it belongs.

Montauk Brewing is a subsidiary of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.   

For further information about Montauk Brewing Company, please visit www.montaukbrewingco.com and follow @montaukbrewco.

About Tilray Brands

Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), is a leading global cannabis lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering a worldwide community to live their very best life, enhanced by moments of connection and wellbeing. Tilray’s mission is to be the most responsible, trusted, and market-leading cannabis and consumer products company in the world with a portfolio of innovative, high-quality, and beloved brands that address the needs of the consumers, customers, and patients we serve. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.

For more information on how we open a world of well-being, visit www.Tilray.com and follow @tilray on all social platforms.

Forward-Looking Statements

 

Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations.  Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.

For further information:

SweetWater Brewing Company Media:

Chris Hong, christopher.hong@rygr.us, (970) 924 - 0704 ext. 2103,

Tilray Brands Media: Berrin Noorata, news@tilray.com

Tilray Brands Investors: Raphael Gross, (203) 682-8253, Raphael.Gross@icrinc.com

[1] Nielsen xAOC & Food 2022

MONTAUK BREWING FURTHER EXPANDS DISTRIBUTION ACROSS NORTHEAST AND LAUNCHES MARKET PRESENCE IN PENNSYLVANIA

MONTAUK BREWING FURTHER EXPANDS DISTRIBUTION ACROSS NORTHEAST AND LAUNCHES MARKET PRESENCE IN PENNSYLVANIA

Montauk Brewing Company is pleased to announce its distribution partnership with Origlio Beverage and Banko Beverage to bring its iconic easy-drinking craft beers to Pennsylvania, including Philadelphia, Scranton, and the Lehigh Valley.

MONTAUK BREWING COMPANY ANNOUNCES SUMMER PARTNERSHIP WITH BELMONT PARK AND SARATOGA RACE COURSE IN NEW YORK

MONTAUK BREWING COMPANY ANNOUNCES SUMMER PARTNERSHIP WITH BELMONT PARK AND SARATOGA RACE COURSE IN NEW YORK

Following the success of Montauk’s Brew Barn at Citi Field, Montauk intends on building the Brew Barn name for new experiential opportunities for fans. Montauk’s brews will be available at the Montauk Brew Barn, on the third floor of Belmont Park during the Belmont Stakes Racing Festival, June 8-10, and at Belmont Park through the conclusion of the spring and summer meet on July 9, 2023. At the Saratoga Race Course and in partnership with local distributor, Saratoga Eagle, Montauk will be featured in the backyard and within the Taste NY Pavilion, reserved exclusively for New York producers, among various on-track locations. The summer racing season in Saratoga Springs, NY, goes underway on July 13 and runs through Labor Day.