Molson Coors Exits Canna Bevs

Tilray Doubles Down Dear Client: Back in November of last year, Molson Coors made the decision to exit the CBD beverage business in the U.S. by unwinding their Truss USA joint venture with Hexo, saying, “There remains no near-term pathway to federal legalization, leaving uncertainty in the market.” On Friday, MC cleaned up the loose ends, and once again, Tilray Brands was there to round out the deal as it purchased the 57.5% of Truss Beverage it didn't already own