
Tilray made the news in August with its acquisition of eight Anheuser-Busch brands, making it the fifth-largest craft beer operation in the U.S.. The company’s recent purchase of Truss Beverage also strengthens its position in the THC beverage market.
Leamington, Ont., Canada-based Tilray Brands, a leading global cannabis-lifestyle and consumer packaged goods company, has entered into a definitive agreement to pay $85 million in cash to acquire eight beer and beverage brands from Anheuser-Busch. The brands include Shock Top, Breckenridge Brewery, Blue Point Brewing, 10 Barrel Brewing, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider, and HiBall Energy.