Tilray Wants to be a Bigger Bev Alc Player

Dear Client:    Tilray has bought its way to a top five craft brewer spot over the past four years — first, as Aphria, by entering the U.S. beer market via the SweetWater acquisition in 2020, then culminating in last year’s buyout of eight Anheuser-Busch craft brands.  But they intend to be a lot bigger in beverages, still.   Tilray’s beverages are “quickly approaching approximately $300 million annualized,” with a 4.5% share of the craft beer market, Tilray chief Irwin Simon said