
Canada-based brewer and cannabis business Tilray Brands saw its alcohol sales jump in its second quarter but margins were hit by the recent purchase of a clutch of brands from Anheuser-Busch InBev.
Tilray acquired eight craft beer brands in the US from AB InBev in August, including Blue Point Brewing Company and Square Mile Cider Company.
Canada-based brewer and cannabis business Tilray Brands saw its alcohol sales jump in its second quarter but margins were hit by the recent purchase of a clutch of brands from Anheuser-Busch InBev.