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Stock impact report

Craft beer BrewDog to launch in Hamptons after Tilray CEO buys troubled brewer [Yahoo! Finance]

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Irwin Simon, who famously pivoted to legal weed after making a name for himself building an herbal tea empire, is expanding his company's beer offerings. Tilray Brands, where he is CEO, recently snatched up UK-based BrewDog for a cool $53 million – a far cry from the $2 billion valuation it had at its peak. The deal marks the latest turnaround effort for Simon, who spent years running brands like Celestial Seasonings under the Hain Celestial Group before venturing into pot, beer and “wellness” foods. Tilray Brands CEO Irwin Simon recently snatched up UK-based BrewDog for a cool $53 million. Courtesy of Tilray Brands “Through my Hain days, I have bought declining brands and turned them around,” the exec said. “This will take a great team, spending money on the brand and putting the negativity of the past behind.” BrewDog was known for its rebellious image, with its founders seeking to shake up what they viewed as the stuffy craft brewery scene in their native UK. But the com Show less Read more
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