WOKE GOES BROKE: Anheuser-Busch Selling Off EIGHT Beer Brands as Bud Light Boycott Crushes Company
By The Geller Report
Love this. Let this be a lesson.
Former owner Billy Busch said Bud Light is no longer America’s beer and his father and grandfather “would have rolled over in their graves.”
Bud Light Parent Company Selling Off 8 Beer Brands Amid Transgender Boycott
By Tom Ozimek, August 8, 2023:
Bud Light parent company Anheuser-Busch announced it will sell eight craft beer brands to a Canadian cannabis company amid continued fallout from Bud Light’s marketing partnership with transgender influencer Dylan Mulvaney.
The deal will see Anheuser-Busch sell the following beer brands to Tilray Brands, according to an Aug. 7 announcement: 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 an all-cash transaction worth $85 million, according to an 8-K filing by Tilray, which indicates the transaction is expected to close at some point in 2023.
NEW: Transgender Bud Light influencer Dylan Mulvaney has cost Anheuser-Busch $27 Billion in value.
Former owner Billy Busch says Bud Light is no longer America’s beer and his father & grandfather “would have rolled over in their graves.”
“I think people who drink beer, I think… pic.twitter.com/H4Tr8DMuyX
— Collin Rugg (@CollinRugg) August 7, 2023
The announcement comes amid continued Bud Light boycott pressures, which were sparked when Bud Light rolled out a personalized can featuring the face of Mr. Mulvaney, a male who identifies as a female.
Irwin Simon, chairman and CEO of Tilray Brands, said that the expected acquisition will elevate Tilray to the status of America’s fifth largest craft beer business and is part of the company’s efforts to further diversify into other markets than cannabis.
“Today’s announcement both solidifies our national leadership position and share in the U.S. craft brewing market and marks a major step forward in our diversification strategy,” he said in a statement.
AUTHOR
Pamela Geller
RELATED TWEET:
Anheuser-Busch is selling off eight craft beer brands as the Bud Light boycott continues to tank the company.
Tilray Brands, the largest cannabis company in the world, will be purchasing the beer brands, which include Red Hook, Shock Top, Breckenridge Brewery, Blue Point Brewing…
— Cassandra MacDonald (@CassandraRules) August 8, 2023
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