Tilray has entered into a definitive agreement to acquire four craft breweries from Molson Coors. The acquisition includes?Hop Valley Brewing Company,?Terrapin Beer Co.,?Revolver Brewing, and?Atwater Brewery.
Tilray’s portfolio will expand across key beer markets adding 30% new beer buying accounts. The Tilray Beverages portfolio boasts a range of leading craft beer, spirits and non-alcohol beverages including?SweetWater Brewing Company,?Montauk Brewing Company,?Alpine Beer Company,?Green Flash Brewing Company,?Shock Top,?Breckenridge Brewery,?Breckenridge Distillery,?Blue Point Brewing Company,?10 Barrel Brewing Company,?Redhook Brewing Company,?Widmer Brothers Brewing,?Square Mile Cider Company,?HiBall Energy, and?Happy Flower CBD?sparkling cocktails. This strategic acquisition is expected to position Tilray for continued growth and expansion in the beverage industry.
Tilray's beer business is expected to grow to 15 million cases annually, cementing Tilray Beverages as the #1 craft brewer in the Pacific Northwest, #1 in Georgia and anchors Tilray’s craft brands in two key beer states, Texas and Michigan.
Tilray Brands to acquire four craft beer breweries from Molson Coors Beverage Company! ??
This strategic move will solidify Tilray as the #1 craft brewer in the Pacific Northwest and #1 in Georgia, and anchor us in key markets like Texas and Michigan.
Read the full press release to learn more!
https://ow.ly/J1wC50SX332
Technology/Cybersecurity Consultant, Technology Broker, Inventor
6 个月Congrats, Crank Arm Brewing Company team! No surprise here but validation for your hard work and great tasting beverages!