Global cannabis company acquires Breckenridge Brewery and seven other brands from Anheuser Busch

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The latest transaction includes current employees, breweries and brewpubs associated with these brands, according to an announcement

. Irwin Simon, Tilray’s CEO and chairman, said in an interview Tuesday the company will inherit about 800 people and the brands will maintain their names and local authority.

Now that Tilray owns both a brewery and distillery in Breckenridge, Simon expects the two companies to collaborate on new releases. He also plans to expand Breckenridge Brewery’s distribution footprint to states such as Texas, Louisana and New York where Breckenridge Distillery maintains a strong foothold.

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