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-0.000664010624169973 0 0.00332005312084998 -0.00134130146082331 0 -0.00132802124833995 -0.000664010624169973 -0.00413014608233725
Stock impact report

Shock Top owner Tilray buys craft brewer BrewDog for $44M [Yahoo! Finance]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This story was originally published on Food Dive . To receive daily news and insights, subscribe to our free daily Food Dive newsletter Dive Brief: Tilray Brands is expanding its craft beer portfolio with the purchase of U.K. brewer BrewDog for $44 million. The cannabis and beer company will acquire the U.K. brewing operations and 11 brewpubs in the U.K. and Ireland. Tilray said it is separately negotiating to acquire BrewDog assets in the U.S. and Australia. With the BrewDog acquisition, Tilray's global beverage platform is expected to grow to about $500 million in annual revenue, creating one of the largest diversified craft beverage platforms, according to the company. Dive Insight: Once focused solely on cannabis, Tilray has been rapidly growing its beer portfolio to diversify its revenue stream and minimize its dependence on marijuana. In just the past few years, it became a major player in the craft beer space with the purchase of Shock Top, Redhook Brewery and Swee Show less Read more
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