BRECKENRIDGE, Colo., June  24, 2026  (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a subsidiary of Tilray Brands, Inc. (NASDAQ:TLRY, TSX:TLRY), is proud to

TLRY

Breckenridge Distillery Rum Cask Finish Awarded Highest Honor at San Francisco World Spirits Competition

Tilray-backed Breckenridge Distillery wins top SF World Spirits honors, potential TLRY uplift

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BRECKENRIDGE, Colo., June  24, 2026  (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a subsidiary of Tilray Brands, Inc. (NASDAQ:TLRY, TSX:TLRY), is proud to</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Breckenridge Distillery, a Tilray subsidiary, captured Double Gold for Rum Cask Finish (97 points) and Gold for Honey Whiskey at the San Francisco World Spirits Competition. The accolades underscore premium positioning for Tilray’s beverage portfolio and could modestly boost brand awareness and premium pricing, offering an incremental tailwind for TLRY&#039;s consumer category.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Breckenridge Distillery, a Tilray subsidiary, won Double Gold and Gold at SF World Spirits.</li><li>Rum Cask Finish earned 97 points with unanimous Gold-level rating.</li><li>Honey Whiskey also received a gold medal; highlights premium craftsmanship.</li><li>Awards bolster Tilray&#039;s beverage portfolio positioning and cross-brand value.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Tilray Brands, Inc. (TLRY)</strong>: Parent company of Breckenridge Distillery; awards could reflect positively on TLRY&#039;s premium beverages strategy.</li><li><strong>Breckenridge Distillery (N/A)</strong>: Subsidiary of Tilray; award-winning products may elevate TLRY&#039;s brand equity and cross-sell opportunities.</li></ul>
  </section>

  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News. The release reports external recognition of a major TLRY subsidiary and may influence sentiment around Tilray&#039;s premium beverage positioning.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Breckenridge awards bolster Tilray&#039;s beverage portfolio visibility.</li><li>Rum Cask Finish: 97 points and Double Gold highlight premium products.</li><li>Gold medal Honey Whiskey reinforces breadth of Tilray&#039;s distillery assets.</li><li>No immediate revenue/margin impact disclosed; sentiment-driven upside possible.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date: June 24, 2026.</li><li>Rum Cask Finish: Double Gold, 97 points.</li><li>Honey Whiskey: Gold medal.</li><li>Competition: San Francisco World Spirits Competition, described as largest and most prestigious.</li><li>Breckenridge Distillery is a Tilray subsidiary.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>TLRY could see a modest near-term uplift in brand equity and sentiment from the awards, with potential impact over the next 2–4 quarters.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>BRECKENRIDGE, Colo., June  24, 2026  (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a subsidiary of Tilray Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TLRY">TLRY</a>, TSX:<a class="ticker" href="https://www.benzinga.com/quote/TLRY">TLRY</a>), is proud to celebrate two top honors at the <a href="https://www.globenewswire.com/Tracker?data=CnDAqDaS39L4dXcsmTLCSzWBA5p-dzdj1xj6RKDxX8Dx2fAVGAJtvFm-X9QjqmJvL4IdtwphlpOaetoP7nDFO7VxnTLYQUGOfDkTiXYeOmARaPjzNR9yzL51OQt6oBl3XKnKAq1BF9VR7aUSaXZm4qkRtTLOaLhUHguoUEbtKV-uZYmjaf8z18CoAKz_8eZ-" rel="nofollow" target="_blank">San Francisco World Spirits Competition</a>, widely regarded as the largest and most prestigious spirits competition in the world.</p>  <p><a href="https://www.globenewswire.com/Tracker?data=agyDs4zgRsiBVJhu8UZl935km1m_5kMgfaGk6t1F6WwWV0nRZcMYQ_dbRatHHPygMJEMVgiTwT0jzdRZhK8NhARNW4SLCmiNCIbhpeB1X7pJITpxyEybjbo1T4mcJ4RU6Ot2pfrbk5EAtFyXe05zUB2-fIixoCo8i0slL1biRoQ=" rel="nofollow" target="_blank">Breckenridge Rum Cask Finish</a> earned Double Gold, 97 points, the competition&#39;s highest distinction. Double Gold is awarded only when every member of the judging panel unanimously scores a spirit gold or better, placing Rum Cask Finish among the finest products in the world. <a href="https://www.globenewswire.com/Tracker?data=agyDs4zgRsiBVJhu8UZl9xlJsxeRX5yr-ullS7fv7YubniIUyS5fK4QL30OfhlWYNhAJuPxVJUTm4wZ4l5WgS8dghhI-yDnCapsS0lQDHrLz2xohVq_G6zH_EvwPG7KXj8it8FoiJi7n8fzlGBpap6FHn8pLdlbeRl50L_M4BP8=" rel="nofollow" target="_blank">Breckenridge Honey Whiskey</a> was also awarded a gold medal, highlighting its exceptional quality and craftsmanship.</p>  <p align="center"><img alt="Breckenridge Distillery Award Winning Spirits" height="400" src="https://ml.globenewswire.com/Resource/Download/f8ed1961-ef03-4f61-9747-348366815b4a/image3.png" width="600" data-dpi="96" data-caption="Breckenridge Distillery Award Winning Spirits" data-filename="image3.png"></img><br></br></p>  <p>"Earning top honors at the San Francisco World Spirits Competition reflects the standard we hold ourselves to every day," says Bryan Nolt, Founder and CEO. "From the precision of our blending to the creativity behind finishes like Rum Cask, each release pushes the boundaries of American whiskey. Having both Rum Cask Finish and Honey Whiskey recognized speaks to our unwavering commitment to quality, innovation, and craftsmanship."</p>  <p><strong>Double Gold and Gold Medal Winners: </strong></p>  <ul type="disc"><li style="margin-bottom:6pt;"><a href="https://shop.breckenridgedistillery.com/products/breckenridge-rum-cask-bourbon" rel="nofollow" target="_blank"><strong>Breckenridge Rum Cask Finish</strong></a> <br></br>Our award-winning Breckenridge Bourbon soaks up the charm of our own aged Colorado Rum casks, creating an unstoppable wave of flavor. Candied apple and cinnamon enfold, as dark chocolate and cacao follow. Lingering allspice captivates the senses, gratifying in just one sip, but mysterious enough to leave you wanting another (45% ABV, 90 proof, $59.99 MSRP).<br></br></li><li style="margin-bottom:6pt;"><a href="https://shop.breckenridgedistillery.com/products/breckenridge-honey-whiskey" rel="nofollow" target="_blank"><strong>Breckenridge Honey Whiskey</strong></a> <br></br>Infused with rare rainforest honey sourced from Nigeria’s Goldswarm hives, this whiskey delivers a rich, smooth, golden finish that’s both distinctive and deeply flavorful. The aroma opens with warm molasses and golden honey, layered with soft holiday spice, toasted oak, and a whisper of vanilla. On the palate, lush honey sweetness leads, balanced by mature oak and cozy spice, before finishing with a lingering warmth of smooth cinnamon<br></br>(36%ABV, 72 proof, $38.00 MSRP).</li></ul>  <p>Breckenridge Rum Cask Finish and Breckenridge Honey Whiskey are available nationally at select retailers and for <a href="https://www.globenewswire.com/Tracker?data=n52H9CwPSBo46aczn2oeyUkKeW76Sn-9wsrTBkNsz5X6Dni7MfCiHse3xK7ZpHLyAA6CT5hBuKHw2m4bC5pUJbBeprcaScGN2oROzurG4VOw8Pvud3oiStxCiVaQw4I01EDPXw_QP3Ynwj2WC0B3oB4IzrqJffTzyTKfT1JxZQ4=" rel="nofollow" target="_blank">home delivery</a> where permitted or <a href="https://www.globenewswire.com/Tracker?data=ExZCXpfK0BrLVhzKTIswx20xd4o4QJFIN0aBbRmu3JdeJdqr1KG-fAbtt0Uqgw8-OnWjhGdp4U4PMucLUOsPZLYcBvD_p1LZ0aoWdKWUA5gFmxQM98U_IUo55fg_TOYK" rel="nofollow" target="_blank">find a retailer</a> near you. For more information about Breckenridge Distillery, visit <a href="https://www.globenewswire.com/Tracker?data=pf9VaZNQb96OIx_RH3mwqfcEJJTs9RF_Fuq2WYSgkLC9vhaRcC_oxaZThM053sIuYsiaqiev93XmbjN2JKEfVhbk-N9yzKG8fQLnx-7Viy9AnJTygTDq47JA1kA699ez" rel="nofollow" target="_blank">www.breckenridgedistillery.com</a>. Follow Breckenridge Distillery on Instagram <a href="https://www.globenewswire.com/Tracker?data=lnnpkTJIcsmu3lmkXMTN-Yx-GwU6nbKyYsA6ibxUdPcwDAIX4WXcV6d_aT6ymeR87jzTKd3GYucRKO9uKwtnjDfDbvujYO0wMJa1TwPPAqUmF9YcnIQM0iZ9Pyy-GpNN" rel="nofollow" target="_blank">@breckdistillery</a> and become a fan at <a href="https://www.globenewswire.com/Tracker?data=o-qVBpoNqjcWleM4IlytKZRSgc7p4F4n5Lv9938ljN7jvVjWmaofykavysXizz_T3v8Iile70eDXjAIIBEnmQUQ8rBCfZ5yoIcNXhKgxiR0klm6M1jZ9YlsgKR9oH6V8" rel="nofollow" target="_blank">facebook.com/BreckDistillery</a>. Age 21+. Always enjoy responsibly.</p>  <p><strong>About Breckenridge Distillery</strong><br></br>Founded 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 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 7 Double Golds at the San Francisco World Spirits Competition.</p>  <p>The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at the award-winning restaurant, enjoy show-stopping cocktails, explore an in-depth tasting, and get an inside look at the active production facility—including the opportunity to blend their own whiskey.</p>  <p>Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TLRY">TLRY</a>, TSX:<a class="ticker" href="https://www.benzinga.com/quote/TLRY">TLRY</a>), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.</p>  <p>To learn more about Breckenridge Distillery, visit <a href="https://www.globenewswire.com/Tracker?data=pf9VaZNQb96OIx_RH3mwqfcEJJTs9RF_Fuq2WYSgkLDuOPw-l8MLKgx9-7oXcAnJerdKK1tngfjPuUI9t9V51MB3nU-UI3VMKpXDFESV_52zp3iXKupA9tqmc61Hm1TL" rel="nofollow" target="_blank">www.breckenridgedistillery.com</a>. Keep up with Breckenridge Distillery on Instagram by following <a href="https://www.globenewswire.com/Tracker?data=lnnpkTJIcsmu3lmkXMTN-dk8IHosyunbCLu6Y7Wm9JoXWmYu0QaoBQR3Psa6QBp7X5eY52a6Ec40hZ6MQcb-UmY-kM6ybCupnLXgCSG2eQCQy_85Anz2pkTmddiyOqGf" rel="nofollow" target="_blank">@breckdistillery</a> and become a fan at <a href="https://www.globenewswire.com/Tracker?data=o-qVBpoNqjcWleM4IlytKZRSgc7p4F4n5Lv9938ljN6BrCW3_1izfFu4tWVdiIJn1wOtMEudbzsmP3d-l1naSP7N1MqJy0tF4EJcDkL4EgENmR3Baki2b_fbx4fk9LC5KclqcrbfRof65LqRJBQsTw==" rel="nofollow" target="_blank">facebook.com/BreckDistillery</a>. For more information about Tilray Brands, visit <a href="https://www.globenewswire.com/Tracker?data=rYmCF2vhu5nHhv7hO2JGBWZqBtHyzZVnYdQ3CHLMq1MmbwWJ4dx9lk0k8QzueC6DEbZRL6ai5i-weAJs2yhCwEu1OosiRpCa9cGgZla3yiI=" rel="nofollow" target="_blank">www.tilray.com</a> and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn.</p>  <p><strong>About Tilray Brands</strong><br></br>Tilray Brands, Inc. ("Tilray") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TLRY">TLRY</a>, TSX:<a class="ticker" href="https://www.benzinga.com/quote/TLRY">TLRY</a>), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.</p>  <p>For more information on how we are elevating lives through moments of connection, visit <a href="https://www.globenewswire.com/Tracker?data=rd0d2J5nyx1J-vU3r_Mpun-3HQeflHd3UM-38fcu3lGLFyyTx1pDccpGdaH3u2B9IQsY9Tds0VLaA_Wl4RhRkw==" rel="nofollow" target="_blank"><u>Tilray.com</u></a> and follow @Tilray on all social platforms.</p>  <p><strong>Forward-Looking Statements<br></br></strong>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.</p>  <p><strong>For further information, please contact<br></br></strong>Tilray Brands Media: <a href="https://www.globenewswire.com/Tracker?data=lG63o7EfO9pwo2C4T_32iVpeNJZ9n0zjOH1MnF4wJmNzMN2ZR_t6wNjJ_8s_ghf3kOSJlCoaV5tLG7-eVcIccT2cMxYmehNHw2XT9exrZjg=" rel="nofollow" target="_blank">news@tilray.com</a><br></br>Investors: <a href="https://www.globenewswire.com/Tracker?data=izv-wrAu9znSCb9gxnaNNNvNCyFapqzfsGUpsTYvS6r8SzZeO3eknmla_YhEI8x2iJp1zwifkulTgVn6a8NZFIYz1cun2Aa7d_l7imNzvMI=" rel="nofollow" target="_blank">investors@tilray.com</a></p>  <p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=Eklz9QPjTRfL7Fk16wsUZTFxYBf9pYhxC8NB0MFtpRibqrNkMtypC49bPAO-6RTVj2sjBmuBVSvyDel42YimRadqBI-DROzTMgpPPo6Hgd-dz6idfo_jhfsksWIoJJGKh5g8pXlAlqTdOyfGPHV-27DBFsWpvmd1wQXIHoQNxPGy5guCZUPhD1jl7WnYBsJUIe7tvH-x2enDvvj-U7jVjV4SVS3rSvtqHJlt-39UuLbHvWn5cgs_GoK55cU7oxzOpxxOk8lovfJyg-bmhvLhVg==" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/f8ed1961-ef03-4f61-9747-348366815b4a</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1MjA3MiM3Njc1MjU4IzIyMjM5OTg="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ODcyNTA0ZjgtMWQ3Mi00NjgxLWEwMzMtNGQ1ZjE5NDI0MzVkLTEyMzU1NTEtMjAyNi0wNi0yNC1lbg==/tiny/Tilray-Brands-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/2dbf85bb-5e30-4623-8f9b-931442240c05"><img src="https://ml.globenewswire.com/media/2dbf85bb-5e30-4623-8f9b-931442240c05/small/tilraybrands-logo-fullcolor-rbg-horiz-01-png.png" border="0" width="150" height="45" alt="Primary Logo"></img></a></p>

Breckenridge Distillery, a Tilray subsidiary, captured Double Gold for Rum Cask Finish (97 points) and Gold for Honey Whiskey at the San Francisco World Spirits Competition. The accolades underscore premium positioning for Tilray’s beverage portfolio and could modestly boost brand awareness and premium pricing, offering an incremental tailwind for TLRY's consumer category.

Breckenridge Distillery Rum Cask Finish Awarded Highest Honor at San Francisco World Spirits Competition

AI Summary

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Market-Moving

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