Tilray Buying Montauk

Dear Client: The cross-category deals get more and more interesting as 2022 grinds closer to a close. News crossed the wires this morning that cannabis giant Tilray, which you may recall owns SweetWater, Green Flash, Alpine Beer and Breckenridge Distillery, is purchasing New York craft brand Montauk Brewing Co. Arlington Capital Advisors advised Montauk Brewing Company in the deal. Expect to see the top New York craft brewer in some new markets. Tilray said it "intends to leverage SweetWater’s existing