Tilray Inc. (TLRY) saw its stock surge 5.34% in after-hours trading on Thursday, following the announcement of its new Amped Live Resin Liquid Diamond 1g 510 cartridges under the Redecan cannabis brand. This marks Redecan's first entry into the live resin-liquid diamond vape category.
The new product line, featuring strains like Space Age CK and Blueberry DNTS, combines Redecan’s Legit Live Resin with Liquid Diamonds to deliver enhanced flavor and performance. The launch aligns with growing consumer demand for live resin vapes, which have seen a 6.3% category growth in Canada over the past six months. Initial distribution is underway in Ontario and Alberta, with national expansion planned for early 2026.
Tilray’s strategic focus on premium cannabis products and market expansion appears to be resonating with investors, driving the after-hours rally.
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