Anheuser-Busch to sell craft beer brands to New York cannabis company, a sign of industry changes

ST. LOUIS — Anheuser-Busch said this week it would sell several craft beer brands to a marijuana company, a deal experts said hinted at larger troubles inside craft brewers and beer giants alike. The marijuana company, New York-based Tilray Brands, announced the deal on Monday, promising to reinvigorate the craft beer industry. "Tilray is fully committed to invest in and champion the future of the U.S. craft beer industry by fueling new innovation that excites and further accelerates the growth of its consumer base," Tilray CEO Irwin Simon said in a statement. Benj Steinman, editor at Beer Mar...