Manitoba Harvest, a pioneer and leader in hemp-based foods and a
wholly-owned subsidiary of Tilray Brands, Inc. (NASDAQ:
TLRY; TSX: TLRY), proudly marks a decade of excellence as a
Certified B Corporation™ with an outstanding recertification score
that places Manitoba Harvest among a global community of socially
and environmentally progressive B Corp™ leaders.
A Decade of Leading with
Purpose
Certified as a B Corp since 2014, Manitoba
Harvest has consistently demonstrated its dedication to fostering a
positive impact on people and the planet, through hemp. The recent
recertification score of 100 reaffirms the company's ongoing
commitment to sustainability with breakthrough initiatives like an
investment in Regenerative Agriculture.
Jared Simon, President of Manitoba Harvest and
Tilray Wellness, expressed his pride: "Celebrating 10 years as a
Certified B Corporation with our highest score to date is a
testament to our entire organization’s unwavering commitment to
social responsibility and sustainable practices. It reflects the
collective efforts of our team and our enduring dedication to
making a positive impact in every aspect of our
business."
B Corp Certification: A Global Movement
for Positive Change
B Corp Certification leads the way in creating
an inclusive, equitable, and regenerative global economy. B Lab™,
the organization behind B Corp Certification, uniquely measures a
company's social and environmental impact, ensuring a holistic
approach to business practices.
In order to achieve and maintain B Corp
Certification, companies must:
- Demonstrate high social and
environmental performance by achieving a B Impact Assessment™ score
of 80 or above.
- Exhibit transparency by publicly
making information about their performance available on B Lab U.S.
& Canada’s website.
Sarah Ford, Associate Director of
Recertification for B Lab U.S. & Canada, said, "We congratulate
Manitoba Harvest on achieving a remarkable recertification score
and for being B Corp Certified for a decade. Companies like
Manitoba Harvest show how businesses can have a positive impact by
prioritizing social and environmental responsibility."
About Manitoba HarvestManitoba Harvest is a
pioneer and leader in branded hemp-based foods and is recognized as
a Certified B Corporation and the first Canadian food
company to attain a Carbonzero Certification.
Taking the seed-to-shelf approach since 1998,
Manitoba Harvest is committed to quality, sustainability,
and consumer wellness. With an extensive product portfolio of Hemp
Hearts (shelled hemp seed), Hemp Protein, Hemp Protein Blends, Hemp
Granola, and Hemp Oil, Manitoba Harvest products are sold globally
and in approximately 17,000 retail stores across North America.
To learn more about Manitoba Harvest,
visit www.manitobaharvest.com and follow @manitobaharvest
across all social platforms.
About Tilray BrandsTilray Brands, Inc. (Nasdaq:
TLRY; TSX: TLRY), is a leading global cannabis lifestyle and
consumer packaged goods company with operations in Canada, the
United States, Europe, Australia, and Latin America that is
changing people's lives for the better – one person at a time – by
inspiring and empowering a worldwide community to live their very
best life, enhanced by moments of connection and wellbeing.
Tilray’s mission is to be the most responsible, trusted, and
market-leading cannabis and consumer products company in the world,
with a portfolio of innovative, high-quality, and beloved brands
that address the needs of the consumers, customers, and patients we
serve. A pioneer in cannabis research, cultivation, and
distribution, Tilray’s unprecedented production platform supports
over 20 brands in over 20 countries, including comprehensive
cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we open a world of
well-being, visit www.Tilray.com and follow @tilray on
all social platforms.
About B Corp CertificationB
Corp Certification assesses the overall social and environmental
impact of a company. To achieve B Corp Certification, a company
must meet a score of at least 80 points in the B Impact Assessment,
an evaluation of a company’s positive impact, and pass a risk
review, an evaluation of a company’s negative impact.
It must change its corporate governance
structure to be accountable to all stakeholders, not just
shareholders, and exhibit transparency by allowing information
about their B Corp Certification performance to be publicly
available on their B Corp profile on B Lab’s website. B Corps
recertify every three years and, once certified, are expected to
increase their score over time as they progress towards becoming
more equitable, inclusive, and regenerative businesses.
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 further information:
Media: Berrin Noorata, news@tilray.com
Investors: Raphael Gross, (203) 682-8253,
Raphael.Gross@icrinc.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a979c5d-f90e-48cb-a685-9c0fd9566337
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