Reported about 2 months ago
Tilray Brands continues to pursue an aggressive acquisition strategy, recently announcing its purchase of four beer brands from Molson Coors. This move enhances Tilray's beverage segment, which has become a key revenue driver, surpassing cannabis sales in its latest quarter. The company remains focused on future acquisitions to diversify its portfolio beyond low-margin cannabis products, signaling ongoing growth ambitions in the alcohol market.
Source: YAHOO