Solei Canada, a subsidiary of the leading cannabis producer Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY), is launching a new line of cannabinoid-infused tea.
Tilray announced the product launch on Thursday, which will consist of peach ginger, mint, lavender and chamomile teas infused with THC, CBD and cannabinol (CBN).
This will be the first line of cannabis beverages made by Solei and the new caffeine-free teas will be made with cane sugar.
The Solei Peach Ginger Green Tea contains 20 milligrams of CBD and less than one milligram of THC; the company’s Lavender Chamomile Tea has 20 milligrams of CBD, 10 milligrams of CBN and under one milligram of THC as well; and the brand’s Mint Tea is infused with 20 milligrams of CBD and two milligrams of THC.
Solei’s lavender chamomile and mint teas are now available throughout British Columbia, Alberta, Manitoba, Quebec and Ontario and the peach ginger green tea is available in those provinces as well with the exception of B.C.
Introducing @SoleiCanada's first-ever CBD, CBN & THC infused tea collection! 🍵✨
Delight in Peach Ginger, Lavender Chamomile, and Mint for a unique tea experience that brings you #ElevationOnYourTerms.
Details https://t.co/nBsGR7D3Rg $TLRY pic.twitter.com/fdtko38oJ3
— Tilray Brands (@tilray) May 11, 2023
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Other brands offering cannabis-infused tea include Canopy Growth Corporation’s (TSX: WEED) (NASDAQ: CGC) Tweed, which sells cans of Lemon Iced Tea containing five milligrams of THC and one milligram of CBD; Collective Project, which offers cans of Lemon & Ginger Iced Tea with 10 milligrams of THC and five milligrams of CBN; and Kikoko, which distributes a mint green “Positivi-Tea” infused with 10 milligrams of THC and five milligrams of CBD per bag.
Vancouver’s Mindset Beverages also offers a line of CBD-infused kombucha in fruit jam, ginger turmeric, orange rooibos and pink grapefruit flavours. The company made its debut in January this year and is also concerned with crafting cannabinoid-infused health products like Solei, which describes itself as a cannabis wellness brand.
Tilray shares dropped by 11.11 per cent Thursday to $3.28 on the Toronto Stock Exchange.