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25 January 2024

Craft beer saves Tilray from cannabis slowdown

USA | How bizarre: Canadian cannabis maker Tilray Brands will start planting vegetables and fruit in Quebec to make money from its unneeded cannabis cultivation space. Luckily, its acquisition of eight craft beer brands from AB-InBev in August 2023 for reportedly USD 85 million, paid off in its fiscal second quarter (ended November). Otherwise, inventors might have begun to despair.

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