Bud Light Maker Anheuser-Busch Sells 8 Brands to Cannabis Company

, Anheuser-Busch is selling the eight brands to Tilray Brands, a cannabis-lifestyle and consumer packaged goods company.The eight brands involved in the sale include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.

The acquisition will make Tilray the fifth-largest craft beer business in the United States, up from the ninth largest, according to the company.Copyright 2023 KMOV via Gray Media Group, Inc. All rights reserved.

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Bud Light owner Anheuser-Busch to sell eight labels to cannabis companyAnheuser-Busch, the owner of Bud Light and several other beer brands, is selling off eight of its labels to Tilray Brands, a cannabis company based in New York City. The eight labels the company will purchase from Anheuser-Busch include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.
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