Global cannabis company buying Breckenridge Brewery and seven other brands from Anheuser Busch

Tilray Brands, a major player in the global cannabis sector, is increasing its foothold in the craft beer space — and in Colorado — with the purchase of eight brands from Anheuser Busch In Bev, including Littleton-based Breckenridge Brewery.

The deal, announced Monday, is poised to make Tilray among the largest craft brewers in the United States and position the company to become a leader in the cannabis beverage space.

In addition to Breckenridge Brewery, Tilray has agreed to acquire Shock Top, Blue Point Brewing Co., 10 Barrel Brewing Co., Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy. Those will bolster its already robust portfolio that includes SweetWater Brewing Co., Montauk Brewing Co., Alpine Beer Co. and Green Flash Brewing Co.

According to the Brewers Association’s most recent figures, Read Entire Article