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Anheuser-Busch to sell 8 beverage brands to cannabis company, report says

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Anheuser-Busch, the owner of Bud Light, is selling eight of its beverage brands, according to a report.

Anheuser-Busch in Baldwinsville, N.Y.

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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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