$TLRY acquires eight brands from Anheuser-Busch. This is potentially a huge win for Tilray and could solidify their growth in drinks.

Sharing is Caring!

by EskiOnline

This deal stood out to me because of the hate that Anheuser-Busch has received from the public for their advertising. This news could become more widespread and Tilray could potentially acquire the customers which AB lost.

See also  THE GRIP TIGHTENS/China orders public sector employees to hand in their passports

I personally do not have a position in AB or Tilray. My only related holdings are another weed company which is currently in financial trouble. However I believe the industry as a whole is poised to grow in the next few years.

I will be watching Tilray for an entry at the earliest.

www.wsj.com/articles/anheuser-busch-selling-shock-top-blue-point-to-cannabis-company-tilray-458a7285

Views: 82

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.