Reported 2 months ago
Tilray Brands has announced its acquisition of four craft breweries from Molson Coors, aiming to diversify from its cannabis roots and enhance its beer offerings. This purchase includes brands such as Hop Valley Brewing Company and Terrapin Beer Co, which will attract a 30% increase in new customers. This move is part of Tilray's strategy to reinforce its spirits and beverage portfolio amidst declining cannabis sales.
Source: YAHOO