Cannabis company Tilray dives further into beer buying eight brands from Anheuser-Busch

Play Video

In a filing with the U.S. Securities and Exchange Commission, Tilray puts the purchase price at US$85 million to be paid in cash.The cannabis company says the agreement will triple both its basket of brands and its beer sales volume, which it projects will increase to 12 million cases per year from four million.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Canadian cannabis company Tilray expanding into beer business with $85M deal with Anheuser-Busch | CBC NewsTilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC.
Fuente: CBCNews - 🏆 2. / 99 Leer más »

Tilray to triple U.S. beer business, add eight new alcohol brandsCanadian cannabis producer Tilray will add an estimated $250-million in revenue with the expansion of its U.S. beer business
Fuente: globeandmail - 🏆 5. / 92 Leer más »