Atlanta-based SweetWater Brewing Company is set to be acquired by Canadian cannabis company Aphria for $300 million. SweetWater CEO Freddy Bensch will remain in his position and will operate in a consulting capacity through 2023.
Headquartered in Leamington, Ontario, Aphria Inc. produces adult-use cannabis brands, including Broken Coast, Good Supply, Riff, and Solei. The transition is expected to close by the end of the year.