Breckenridge Distillery Announces Re-Release of Award-Winning Cognac Cask Finish Whiskey

BRECKENRIDGE, Colo., April 23, 2025 (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a Tilray Brands, Inc., (NASDAQ: TLRY and TSX: TLRY) spirits brand, today announced its newest addition to the brand’s line of cask finish whiskeys, Breckenridge Cognac Cask Finish. Initially launched as a limited edition in the second Collectors Art Series at the distillery's Breckenridge location in 2022, this whiskey is now available in Colorado with national expansion planned in the coming months. Photo Courtesy: Jessie Unruh, Breckenridge Distillery Cognac is produced with well-known grapes from regions in France. A fine Cognac is 15 percent Petite Champagne and 85 percent Grande Champagne, typically blended in batches of 300 barrels and aged anywhere from 10-37 years. Breckenridge Distillery imported its barrels and aged its Breckenridge Bourbon Whiskey in Cognac barrels for over two years. The Cognac label features the iris, France's national flower, and grape blossoms, nodding to the grape's origin. Breckenridge Cognac Cask Finish Whiskey is 96 proof, with tasting notes of sweet red apple and a delicate balance of brandied fruit and caramel with an over-ripe apple sweetness and bourbon rye spice. The cask finish whiskey will be bottled and retail for $59.99 SRP. “Our Cognac Cask Finish is a testament to our dedication to innovation and quality,” said Bryan Nolt, Founder and CEO at Breckenridge Distillery. “Cask finishes have become integral to our business and are among our most beloved and award-winning whiskeys. We are proud to reintroduce this exceptional whiskey to our collection, crafted with the same passion and precision that defines all our spirits.” The limited-edition Breckenridge Cognac Cask Finish won Gold at the World Whiskies Awards for Best American Blended Limited Release, Double Gold at the 2023 San Francisco World Spirits Competition, and 95 points at the 2023 New York International Spirits Competition. The Collectors Art Series Campaign was named the 2020 Icon of Whisky for Campaign Innovator of the Year. For more information about Breckenridge Distillery and to purchase the new Breckenridge Cognac Cask Finish Whiskey, visit www.breckenridgedistillery.com. Follow Breckenridge on Instagram @breckdistillery and become a fan at facebook.com/BreckDistillery. Age 21+. Always enjoy responsibly. About Breckenridge DistilleryFounded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey. One of the most highly awarded distilleries in the U.S., the Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended winner at the World Whiskies Awards by Whisky Magazine and a 4x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 6 Double Golds at the San Francisco World Spirits Competition. The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named as one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at their award-winning restaurant, enjoy show-stopping cocktails, learn about their highly awarded spirits with an in-depth tasting, and get an inside look at their active production facility. New to the distillery, guests have the opportunity to blend their own whiskey as they learn the inner workings of whiskey production. Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life. To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery. For more information about Tilray Brands, visit www.tilray.com and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn. Forward-Looking StatementsCertain 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 media inquiries, please contact: Tilray Brands Media: news@tilray.comInvestors: investors@tilray.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a9de8113-1016-40aa-970d-ade7675d298b

Breckenridge Distillery Announces Re-Release of Award-Winning Cognac Cask Finish Whiskey

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