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All posts tagged "Assetsales"

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

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......
The $1.2B deal to sell last big piece of undeveloped Miami waterfront called off

The $1.2B deal to sell last big piece of undeveloped Miami waterfront called off

MIAMI — A group led by Miami developer David Martin has canceled its record-setting $1.2 billion purchase agreement for the former site of the Miami Herald’s headquarters, the largest piece of undeveloped downtown waterfront land, from Malaysian casino operator Genting. The announcement, made in a brief joint statement by Genting and Smart City Miami, the entity formed to develop the vacant 15.5-acre site, came as a deadline approached for closing of the sale. The deal was announced at the end of April. Smart City pulled out after Genting turned down amendments to the purchase terms and an ext......
Vaccine appointments multiply after Quebec requires shots for weed, alcohol stores

Vaccine appointments multiply after Quebec requires shots for weed, alcohol stores

They’re going shots for shots. First-dose vaccine appointments quadrupled in Quebec after the Canadian province required vaccine passports to buy alcohol and marijuana. Quebec announced the new rules Thursday, when there were an average of 1,500 first dose appointments, the Montreal Gazette reported. On Friday, there were 6,000 first dose appointments, according to Quebec Health Minister Christian Dube. The new rules require a COVID-19 vaccine to enter state-run Societe des alcools du Quebec (SAQ) and Societe quebecoise du cannabis (SQDC) locations beginning Jan. 18. More than 78% of people in......