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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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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Canadian pot company Tilray to acquire 8 beer and beverage brands from AB InBevCanadian cannabis producer Tilray Brands Inc. has announced its agreement to purchase eight beer and drink brands from Anheuser-Busch InBev, including Shock Top, Redhook Brewery, and Widmer Brothers Brewing. The other five brands involved in the deal are Breckenridge Brewery, Blue Point Brewing Co., 10 Barrel Brewing Co., Square Mile Cider Co., and HiBall Energy.
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