Canadian pot company Tilray to acquire 8 beer and beverage brands from AB InBev

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Canadian pot company Tilray is buying 8 beer and beverage brands from AB InBev

Canadian cannabis producer Tilray Brands Inc.

on Monday said it had agreed to buy eight beer and drink brands from Anheuser-Busch InBev BUD — including Shock Top, Redhook Brewery and Widmer Brothers Brewing. The other five brands are Breckenridge Brewery, Blue Point Brewing Co., 10 Barrel Brewing Co., Square Mile Cider Co. and HiBall Energy. The deal, which includes related staff and breweries, is expected is expected to close this year. Tilray said it expects to pay in cash to complete the deal.

on Monday said it had agreed to buy eight beer and drink brands from Anheuser-Busch InBev BUD — including Shock Top, Redhook Brewery and Widmer Brothers Brewing. The other five brands are Breckenridge Brewery, Blue Point Brewing Co., 10 Barrel Brewing Co., Square Mile Cider Co. and HiBall Energy. The deal, which includes related staff and breweries, is expected is expected to close this year. Tilray said it expects to pay in cash to complete the deal.

 

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