Tilray Brands shares fall 11.43% premarket after reporting Q4 revenue decline and net loss widening.

Tilray Brands, Inc. dropped 11.43% in premarket trading. The decline is attributed to the company's fiscal Q4 earnings report, which showed a decrease in adjusted earnings and revenue. The net loss for the quarter widened to $1.27 billion, and the company's strategic decisions impacted revenue by $35 million. Despite some positive aspects such as increased international cannabis revenue and a strong balance sheet, the overall financial performance appears to have negatively influenced investor sentiment.