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Billion-Dollar Cannabis Company Closes Acquisition Of Three US Breweries, What's Next For Tilray
Tuesday, September 3, 2024 - 11:07am | 578Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Tuesday that it has completed the previously announced acquisition of craft breweries Hop Valley Brewing Company,Terrapin Beer Co., and Revolver Brewing, from Molson Coors Beverage Company (NYSE:TAP). Why It Matters The acquisition bolsters...
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Well-Known Hedge Fund Manager Takes On Challenge Of Brewing Beer In Economically Devastated Lebanon
Monday, July 10, 2023 - 5:09am | 415Philippe Jabre, a well-known hedge fund manager, has taken an unexpected turn in his career by buying back his family business, Brasserie Almaza, a brewery established by his grandfather 90 years ago. Jabre, once a prominent figure in Europe’s hedge fund trading scene, is now the third-...
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SweetWater Brewing Co Expands In Colorado Via New Brewery And Taphouse On Heels Of Tilray Collaboration
Monday, July 12, 2021 - 11:24am | 580SweetWater Brewing Company, LLC, one of the largest craft brewers in terms of volume in the U.S., is opening a new, full-service brewery, production facility, taproom and restaurant in Colorado, just months following its debut there. The move follows the recent launch of the first Canadian...
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Anheuser Busch Or Molson Coors: Which Is The Better Bet?
Wednesday, January 22, 2014 - 3:55pm | 493Beer is one of the oldest drinks known to man. Researchers have found evidence of the beverage as far back as the 5th millennium BC, in the regions of Egypt and Mesopotamia. Americans also have a long and storied history with their beers, and it's no surprise many beer breweries are...
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Is a Beer Mega-Merger On Tap?
Tuesday, October 29, 2013 - 2:31pm | 601Here's a fact to consider next time you partake in your favorite brewed beverage: about half of the world's beer is produced by just four firms, Anheuser-Busch InBev (NYSE: BUD), SABMiller (OTC: SBMRY), Heineken and Carlsberg. And since Heineken remains under family control and Carlsberg is run...