Editor’s note: The headline has been corrected for accuracy.
Tilray Brands Inc. (NASDAQ:TLRY) Stocks are trending on Friday.
View the current price of TLRY stock here.
Shares of the New York-based company rose 31.55% to $11.09 in after-hours trading on Thursday after the company’s announcement Amped Live resin liquid diamond product line.
Redecan launches premium vape line
Tilray announced Thursday the launch of Amped Live Resin Liquid Diamond 1g 510 cartridges, marking Redecan’s first live resin liquid diamond product line.
The debut lineup is also present Space Age CK And Blueberries DNTS types, combining Redecan’s Legit Live Resin with Liquid Diamonds.
According to the company, the product formulation contains 80% Legit Live Resin and 20% Liquid Diamonds, designed to deliver strain-specific terpenes and full-spectrum cannabinoids.
Reports on Trump’s Marijuana Realignment
The stock rise also coincides with a Thursday report by The Washington Post stating that President Donald Trump They are expected to direct federal agencies to reclassify marijuana from Schedule I to Schedule III.
Schedule I drugs, such as heroin and LSD, have no accepted medical use and a high potential for abuse. In contrast, Schedule III drugs have recognized medical uses and a lower potential for abuse.
A White House spokesperson told Forbes has not yet made a final decision on the marijuana rescheduling.
Market performance data
According to Tilray, live resin vapes have delivered 6.3% category growth in the Canadian cannabis market over the past six months. Liquid Diamond formats remain one of the best-selling vape products nationwide. Vape basket penetration peaks from December to February, in line with launch timing.
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Tilray also noted that live resin vapes have delivered 6.3% category growth in the Canadian cannabis market over the past six months. Liquid Diamond formats remain one of the best-selling vape products nationwide.
Vape basket penetration peaks from December to February, in line with launch timing.
Product specifications
The company stated in its press release that Amped cartridges contain a TrueDraw ceramic core, made from medical-grade zirconium oxide ceramic, a biocompatible, high-strength material and a wide design to improve airflow and prevent clogs. Space Age CK offers floral, fruit and cake notes, while Blueberry DNTS provides a sweet and sour berry flavor.
Distribution details
Amped Live Resin Liquid Diamond 510 cartridges are currently available in Ontario and Alberta. National distribution is planned for early 2026 through authorized cannabis retailers. Products are intended for consumers aged 19 and over.
Trade statistics
Shares of the lifestyle and consumer goods company are down 42.26% this year, but are up 102.64% over the past six months.
Tilray has a market cap of $9.49 billion, with a 52-week range of $3.51 to $23.20.
Price promotion: Tilray closed Thursday at $8.43, up 2.06%, according to data from Benzinga Pro.
With strong momentum in the 81st percentile, Benzinga’s Edge Stock Rankings indicate that TLRY has a negative price trend across all time frames. Know how the momentum compares to other household names.
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Photo: Under the Sky / Shutterstock
Disclaimer: This content was produced in part using AI tools and was reviewed and published by Benzinga’s editorial staff.
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