Why Tilray Brands Stock Soared 14% This Week
Tilray just acquired eight well-known craft beer brands from brewing giant AB InBev.
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Tilray just acquired eight well-known craft beer brands from brewing giant AB InBev.
ST. LOUIS — Anheuser-Busch said this week it would sell several craft beer brands to a marijuana company, a deal experts said hinted at larger troubles inside craft brewers and
Tilray and Anheuser-Busch reached an all-cash deal for the former to take ownership of eight popular brands.
Tilray Brands announced the planned acquisition of eight beer and beverage brands from Anheuser-Busch Monday. The deal is expected to close at the end of this year.
Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.