Tilray Brands acquires four craft breweries from Molson Coors to expand its craft beer presence.

Tilray Brands is acquiring four craft beer breweries, Hop Valley Brewing Company, Terrapin Beer Co, Revolver Brewing, and Atwater Brewery, from Molson Coors. The deal aims to strengthen Tilray's craft beer leadership, solidifying its position as the top craft brewer in key markets and attracting 30% new beer-buying customers. Tilray has been diversifying its business beyond cannabis products through acquisitions of spirits and beverage makers.

August 13, 2024
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