Tilray Brands, Inc. TLRY Cannabis — Restructuring Costs
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Where this comes from
Reported directly by Tilray Brands, Inc. in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCosts.
The source filing: Tilray Brands, Inc.’s 10-K, filed July 28, 2026.
- Filed
- Jul 28, 2026, 5:03 PM EDT
- Fiscal year
- FY2026
- Accession
- 0001437749-26-024698
Within the Cannabis segment, during the fiscal year ended May 31, 2026, the Company incurred restructuring expenses totaling $6,258. These charges included $4,573 associated with the restructuring of the Quebec facility to transition from vegetable cultivation to cannabis cultivation in response to increased global cannabis demand, $1,093 related to employee termination severance and benefits associated with the reorganization of the Canadian cannabis commercial function, and $221 related to the wind-down of certain non-operating entities. Additionally, the Company recognized $371 related to its Fort Collins, CO partially vacant warehouse that was previously held for sale and was divested during the fiscal year ended May 31, 2026. See Note 6 (capital assets).
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FAQ
- What is Tilray Brands, Inc.'s cannabis — restructuring costs?
- Tilray Brands, Inc. (TLRY) reported cannabis — restructuring costs of $1.03M in Q1 2026.
- How has Tilray Brands, Inc.'s cannabis — restructuring costs changed year-over-year?
- Tilray Brands, Inc.'s cannabis — restructuring costs increased by 63.4% year-over-year, from $628K to $1.03M.
- What does cannabis — restructuring costs mean?
- Includes expenses incurred to reorganize the cannabis segment's operations, such as severance, facility closures, or asset rationalization. These costs are typically non-recurring and signal management's efforts to improve operational efficiency or pivot strategy. Monitoring these helps investors understand the cost of streamlining the business model.
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