Tilray Brands, Inc. (NASDAQ:TLRY) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 4, Tilray Brands, Inc.’s award-winning brand Breckenridge Distillery and its partner, the Denver Broncos, entered into their fifth year of partnership with a new lineup of spirits.
The partnership between Breckenridge Distillery and the Denver Broncos celebrates the growing business between the two firms. The new bold lineup of limited-edition spirits celebrates the game-day pride.
“This year’s collection is a true celebration of Colorado, of championship legacy, and of Broncos Country. From the rare, harvested honey in our Broncos Honey Whiskey to the nostalgia-packed Vodka Creamsicle Seltzer, we’ve created something special for every kind of fan,” said Bryan Nolt, founder of Breckenridge Distillery.
The limited-edition brings the smooth, golden finish of the new Breckenridge Broncos Honey Whiskey, the nostalgic Broncos Creamsicle Vodka Seltzer, a special edition camo-labeled Breckenridge Bourbon, and a Broncos Single Barrel Championship Reserve bottle.
On August 25, Jefferies analyst Kaumil Gajrawala increased the price target on Tilray Brands, Inc. from $1.50 to $2, keeping its Buy rating. Gajrawala remains positive about TLRY following the rescheduling of cannabis from Schedule I to Schedule II in the U.S. This development serves as a major government policy change that could favor Tilray.
Tilray Brands, Inc. is a lifestyle consumer products company that engages in the research, cultivation, processing, and distribution of medical cannabis products. The company operates via four segments: Beverage, Cannabis, Distribution, and Wellness.
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This article is originally published at Insider Monkey.
