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Anheuser-Busch still hemorrhaging and selling off beer brands
Posted on 8/8/23 at 1:47 pm
Posted on 8/8/23 at 1:47 pm
BREAKING: Today, 01:15 PM
After losing over $27 billion in market value, Anheuser-Busch is now being forced to SELL OFF several of their beer brands.
AB-InBev will reportedly be selling Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company and Hiball Energy to Canadian cannabis company Tilray.
Anheuser-Busch to sell 8 beer and beverage brands to pot company Tilray
Go woke , Go broke - that's what happens when you hire trans-influencer to promote your business.
After losing over $27 billion in market value, Anheuser-Busch is now being forced to SELL OFF several of their beer brands.
AB-InBev will reportedly be selling Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company and Hiball Energy to Canadian cannabis company Tilray.
Anheuser-Busch to sell 8 beer and beverage brands to pot company Tilray
Go woke , Go broke - that's what happens when you hire trans-influencer to promote your business.
Posted on 8/8/23 at 1:48 pm to Got Blaze
you hate to see it happen
Posted on 8/8/23 at 1:48 pm to Got Blaze
I’m not gonna drink shock top anymore now that it’s not owned by bud light
Posted on 8/8/23 at 1:49 pm to Got Blaze
quote:
The purchase comes as cannabis companies deal with a crowded marketplace and struggle to make meaningful progress in the U.S. without federal regulations, leaving them to turn to other revenue channels for growth.
quote:
Tilray has been actively snapping up craft beer brands during the last few years. Last November, it acquired craft brewer and hard seltzer maker Montauk Brewing. The company’s biggest entrance into the space before today came through the purchase of pot company Aphria. The deal, which closed in 2021, brought Atlanta-based Sweetwater into the fold.
This post was edited on 8/8/23 at 1:50 pm
Posted on 8/8/23 at 1:49 pm to Got Blaze
What's wrong with Bud Light? I had some last night at the gay orgy.
Posted on 8/8/23 at 1:50 pm to el Gaucho
quote:
I’m not gonna drink shock top anymore now that it’s not owned by bud light
that's a shame, that Summer Shandy is a good summer afternoon beer
Posted on 8/8/23 at 1:51 pm to Got Blaze
I mean, they deserved it for their stupidity.
Posted on 8/8/23 at 1:51 pm to Got Blaze
People making this out as some sort of conservative win for "go woke, go broke" may actually be retarded.
Posted on 8/8/23 at 1:52 pm to Got Blaze
quote:
Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company and Hiball Energy
Those are the heavy hitters.
Posted on 8/8/23 at 1:53 pm to Got Blaze
I'm guessing that AB would love a good Frat party right now!!
Posted on 8/8/23 at 1:53 pm to Commandeaux
quote:
I had some last night at the gay orgy.
I thought that was you! I wanted to come over and say hi but I couldn't leave my buddies behind
Posted on 8/8/23 at 1:53 pm to Got Blaze
Is it depressing to anyone else that our big “win” in light of 2020 and 2022 is a shitty beer being ditched by consumers?
Posted on 8/8/23 at 1:54 pm to NIH
quote:
depressing to anyone else that our big “win” in light of 2020 and 2022 is a shitty beer being ditched by consumers?
The Trump Effect
Posted on 8/8/23 at 1:55 pm to 777Tiger
quote:
couldn't leave my buddies behind
ISWYDT
Posted on 8/8/23 at 1:55 pm to saint tiger225
quote:
The Trump Effect
You aren’t in the “our” he was talking about so your point is irrelevant.
This post was edited on 8/8/23 at 1:57 pm
Posted on 8/8/23 at 1:55 pm to saint tiger225
quote:
People making this out as some sort of conservative win for "go woke, go broke" may actually be retarded.
It’s not a win in terms of it being really unfortunate so many folks lost their jobs that had nothing to do with this.
It is a win in terms of showing other companies the people are tired of this shite.
Posted on 8/8/23 at 1:56 pm to Got Blaze
quote:
Redhook Brewery
This is a name I haven't heard in a long time. I don't think I've seen one of their beers in the last 5 years.
Posted on 8/8/23 at 1:56 pm to Got Blaze
I had no idea Breck was AB.
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