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Anheuser-Busch still hemorrhaging and selling off beer brands

Posted on 8/8/23 at 1:47 pm
Posted by Got Blaze
Youngsville
Member since Dec 2013
8724 posts
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.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 8/8/23 at 1:48 pm to
you hate to see it happen
Posted by el Gaucho
He/They
Member since Dec 2010
52963 posts
Posted on 8/8/23 at 1:48 pm to
I’m not gonna drink shock top anymore now that it’s not owned by bud light
Posted by saint tiger225
San Diego
Member since Jan 2011
35371 posts
Posted on 8/8/23 at 1:49 pm to
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 by Uncle JackD
Member since Nov 2007
58638 posts
Posted on 8/8/23 at 1:49 pm to
frick em
Posted by Commandeaux
Zachary
Member since Jul 2009
7277 posts
Posted on 8/8/23 at 1:49 pm to
What's wrong with Bud Light? I had some last night at the gay orgy.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 8/8/23 at 1:50 pm to
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 by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119094 posts
Posted on 8/8/23 at 1:51 pm to
I mean, they deserved it for their stupidity.
Posted by saint tiger225
San Diego
Member since Jan 2011
35371 posts
Posted on 8/8/23 at 1:51 pm to
People making this out as some sort of conservative win for "go woke, go broke" may actually be retarded.
Posted by JetsetNuggs
Member since Jun 2014
13904 posts
Posted on 8/8/23 at 1:52 pm to
Posted by Bluefin
The Banana Stand
Member since Apr 2011
13256 posts
Posted on 8/8/23 at 1:52 pm to
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 by Farmtiger
West "By God" Monroe
Member since Dec 2003
2787 posts
Posted on 8/8/23 at 1:53 pm to
I'm guessing that AB would love a good Frat party right now!!
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 8/8/23 at 1:53 pm to
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 by NIH
Member since Aug 2008
112604 posts
Posted on 8/8/23 at 1:53 pm to
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 by saint tiger225
San Diego
Member since Jan 2011
35371 posts
Posted on 8/8/23 at 1:54 pm to
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 by FieldEngineer
Member since Jan 2015
2121 posts
Posted on 8/8/23 at 1:55 pm to
quote:

couldn't leave my buddies behind


ISWYDT
Posted by HottyToddy7
Member since Sep 2010
13986 posts
Posted on 8/8/23 at 1:55 pm to
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 by CatfishJohn
Member since Jun 2020
13390 posts
Posted on 8/8/23 at 1:55 pm to
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 by Packer
IE, California
Member since May 2017
7802 posts
Posted on 8/8/23 at 1:56 pm to
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 by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71372 posts
Posted on 8/8/23 at 1:56 pm to
I had no idea Breck was AB.
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