Bud Light Maker Anheuser-Busch Sells 8 Brands to Cannabis Company

, Anheuser-Busch is selling the eight brands to Tilray Brands, a cannabis-lifestyle and consumer packaged goods company.The eight brands involved in the sale include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.

The acquisition will make Tilray the fifth-largest craft beer business in the United States, up from the ninth largest, according to the company.Copyright 2023 KMOV via Gray Media Group, Inc. All rights reserved.

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Bud Light owner Anheuser-Busch to sell eight labels to cannabis companyAnheuser-Busch, the owner of Bud Light and several other beer brands, is selling off eight of its labels to Tilray Brands, a cannabis company based in New York City. The eight labels the company will purchase from Anheuser-Busch include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.
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Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company TilrayAnheuser-Busch, the owner of Bud Light, is selling eight beer and beverage brands to cannabis company Tilray. The exact amount of the deal has not been disclosed.
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Global cannabis company acquires Breckenridge Brewery and seven other brands from Anheuser BuschTilray Brands, a major player in the global cannabis sector, is expanding its presence in the craft beer industry by purchasing eight brands from Anheuser Busch-In Bev, which includes Breckenridge Brewery. The acquisition also includes the retention of current employees, breweries, and brewpubs associated with these brands.
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Anheuser-Busch to sell 8 beverage brands to cannabis company, report saysAnheuser-Busch, the owner of Bud Light, is reportedly selling eight of its beverage brands to a cannabis company, according to The Wall Street Journal.
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