After a three-week sprint to finalize deals to acquire BrewDog’s business on three continents, Tilray Brands’ first order of business is to “stabilize the brand,” Tilray CEO Irwin Simon told Brewbound.
Tilray Brands is moving large-scale production from Revolver Brewing’s facility in Granbury, Texas, to other facilities, the company confirmed in a statement to Brewbound. Revolver’s Texas location “will continue to operate, focusing on unique and innovative brews, and the taproom will remain open.”
Tilray Brands has a busy slate of new products set to hit retail in the coming weeks and months. U.S. beer division president Ty Gilmore and new CMO Prinz Pinakatt shared details on the new products with Brewbound.
The beverage alcohol division of Canadian cannabis giant Tilray grew revenue +117%, to $46.5 million, in the second quarter of the company’s fiscal year compared to the same quarter last year, the company reported Tuesday. However, the division’s gross margin declined -13% year-over-year (YoY), to 34%, in the quarter, driven by Tilray’s acquisition of eight… Read more »
Ty Gilmore, president of Tilray Brands’ U.S. beer division, estimated that he receives around two to three calls a day from potential sellers looking to join the Canadian cannabis firm’s craft brewery platform.
Tilray Brands has closed its acquisition of eight Anheuser-Busch InBev (A-B) beverage brands, including seven craft beer brands.
Tilray Brands announced an $85 million all cash deal to acquire eight craft beverage brands from Anheuser-Busch earlier this week. Tilray CEO and chairman Irwin D. Simon spoke with Brewbound about the transaction on Tuesday. Here’s our Q&A.
Tilray Brands is acquiring eight craft brands from Anheuser-Busch InBev in a blockbuster all cash deal announced today.
Global cannabis firm Tilray is adding an East Coast craft brewery to its growing brewery portfolio, with the acquisition of Montauk Brewing Company.
