Tilray Brands, Inc. (NASDAQ:TLRY) Q3 2023 Earnings Conference Call April 10, 2023 5:00 PM ET

Company Participants

Berrin Noorata - Chief Corporate Affairs Officer

Irwin Simon - Chairman and Chief Executive Officer

Carl Merton - Chief Financial Officer

Denise Faltischek - Chief Strategy Officer and Head, International

Blair MacNeil - President, Tilray Canada

Ty Gilmore - President, U.S. Beer

Conference Call Participants

Vivien Azer - TD Cowen

Andrew Carter - Stifel

Aaron Grey - Alliance Global Partners

Tamy Chen - BMO Capital Markets

Frederico Gomes - ATB Capital Markets

John Zamparo - CIBC

Michael Lavery - Piper Sandler

Operator

Good afternoon, everyone. Thank you for joining us to discuss Tilray Brands, Inc.'s Financial Results for the Full Year 2023 Third Quarter Ended February 28, 2023. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session for analysts and investment firms conducted via audio and participating retail shareholders conducted through the Say Technologies platform. Question submission and uploading through the Say Technologies platform has already concluded and the company will read aloud and answer the top questions.

Ms. Noorata, you may now begin the conference.

Berrin Noorata

Thank you, and good morning. By now, everyone should have access to the earning press release, which is available on the Investors section of the Tilray Brands website at tilray.com and has been filed with this SEC and SEDAR. On today's call, we will be referring to various non-GAAP financial measures, which can provide useful information for investors. However, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. The earnings press release contains a reconciliation of each non-GAAP financial measure to the most comparable measure prepared in accordance with GAAP.

In addition, we will be making numerous forward-looking statements during our remarks and in response to your questions. These statements are based on our current expectations and beliefs and involve known and unknown risks and uncertainties, which may prove to be incorrect. Actual results could differ materially from those described in these forward-looking statements. The text in our press release issued today includes many of the risks and uncertainties associated with such forward-looking statements.

Note, that we have also posted presentation on the HEXO transaction to the Investors section of the Tilray Brands website.

Today, you will hear from key members of our senior leadership team. Irwin Simon, Chairman and Chief Executive Officer, Tilray Brands, Inc.; and Carl Merton, Chief Financial Officer, who will provide a quarterly financial review and update our annual guidance. Also joining us for the question-and-answer segment of this call is Denise Faltischek, Chief Strategy Officer and Head of International; Blair McNeill, President, Tilray Canada; and Ty Gilmore, President of our U.S. Beer Business.