“Tilray Brands reached out to us early this year with interest in purchasing these brands and breweries, and since then, we’ve had many positive conversations that led to today’s announcement," said Andy Thomas, president, The High End at Anheuser-Busch. "The talented people behind these brands and breweries, along with our significant investments in them over the years, have positioned them for a bright future with Tilray Brands. We are committed to working with Tilray Brands over the coming months to ensure this is a smooth transition for the people who are working every day to get these amazing beers and beverages to consumers across the U.S.”

"Today's announcement both solidifies our national leadership position and share in the U.S. craft brewing market and marks a major step forward in our diversification strategy. We are excited to work with the teams behind these iconic brands that command great consumer loyalty and have a history of delivering strong award-winning products with tremendous growth opportunities," said Tilray chairman and CEO Irwin D. Simon. "Tilray is fully committed to invest in and champion the future of the U.S. craft beer industry by fueling new innovation that excites and further accelerates the growth of its consumer base."

Tilray's CEO Irwin Simon has been a keynote speaker at past Benzinga Cannabis Capital Conferences. This fall's conference in Chicago on Sept. 27-28 will also feature several cannabis heavyweights such as Trulieve's (OTCQX: TCNNF) Kim Rivers, Curaleaf's (OTCQX: CURLF) Boris Jordan, Canopy Growth's (NASDAQ: CGC) Davis Klein and Cresco Lab's ((OTCQX: CRLBF)Charlie Bachtell.

If you're interested in learning more about the intricacies of the cannabis stock market and meeting these and other big players, join us at the Benzinga Cannabis Capital Conference in Chicago on September 27 and 28.  All information is available on bzcannabis.com