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The Right Scoop
8 Aug 2023


NextImg:UH OH: Anheuser-Busch forced to SELL OFF multiple beer brands

The hits keep coming against Anheuser-Busch after the Dylan Mulvaney debacle. Now the company is being forced to sell off several of their beer brands (no not Bud Light) as the company downsizes.

Here’s the report via Daily Caller:

Anheuser-Busch InBev (AB-InBev) will be selling eight craft beer brands to Tilray Brands, according to a Monday announcement from the anti-American beer giant. The move will cut AB-InBev’s craft beer portfolio significantly.

Tilray, a Canadian cannabis company, will be purchasing Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company and Hiball Energy. The deal is expected to be finalized in Sept. 2023 for $85 million, according to a Tilray 8-K filing.

In addition to the beer brands, Anheuser-Busch will also be selling off the brands’ employees, breweries and associated brewpubs.

We’ve told you recently that Bud Light has started laying off people as distributors are starting to abandon the company. Now the parent company is selling off eight craft beer brands to, I’m sure, protect their bottom line. I would have expected Anheuser-Busch to sell off Bud Light, but I doubt anyone wants to buy such a toxic beer company.