Posted on 08/08/2023 7:07:47 AM PDT by Red Badger
The collapse has just ratcheted up.
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.
In other words, the disaster just got even more disastrous for Bud Light’s umbrella company.
We’ve hit a new low, ladies and gentlemen.
Ever since the Dylan Mulvaney disaster, we’ve seen Anheuser-Busch and their brands (in particular Bud Light and Budweiser) utterly collapse, and over time, things have only gotten worse. Well, this is another one of those times, as A-B is actually being forced to sell their beer brands. God, I find that hilarious.
And the fact they’re selling these brands to a cannabis company?
It just makes this entire thing even more comical. Anheuser-Busch truly has fallen, ladies and gentlemen. From having America’s favorite beer to now selling several of their brands to a weed company … straight up clown world for A-B.
Ya gotta love it.
A new brand of beer should be produced. Call it “Bankruptcy Beer”. I can think of 10-15 great ads to sell the sfuff right now with most of them stating it all started with Bud Light(bulb) for a brilliant idea and new taste.
Somebody is going to get a good deal on those Clydesdales. Would be a great promotion if a brewery bought the horses just to make fun of the buttwipe brand. Tell everyone the horses are straight not gay and that’s why they went to another brand.
Ain’t over till they’re gone. Stop parroting the lgbtqvxyz’s delusional perversions. If their profit margin is less than they can make on investing their cash value, they will disappear. Big lesson to be learned. Hopefully stockholders will disinvest.
Just don’t sell off the Clydesdales to the glue company or give the Dalmatian to the dog pound. Fire the whole exec staff first.
Harry’s razors next.
https://www.mrctv.org/blog/harrys-mens-razor-company-uses-trans-man-aka-woman-promote-shave-set
“Ya gotta love it.”
I have to say, I understand it, but I don’t love it.
I know Anheuser-Busch InBev is a huge Belgian multinational company that could care less other than their bottom line, but it is the old Anheuser-Busch company & the employees that are going to suffer.
Sad to see.
Allll because they simply refused to come out and say “Look, we screwed up. It was bad, we’re sorry, and we won’t do it again.”
They are doubling down................
Redhook quality took a definite nose-dive after the A-B beancounters got involved.
Moving out of my area, 50 miles or so, there are many other craft breweries and the one big brewer, Yuengling. Yuengling is my go to low cost everyday beer at local bars that don’t have craft beers. That’s increasing rare. As for the craft breweries slightly further from home, some have their beer in stores and bars local to me. They make for a nice day trip for something slightly different.
Overall, this situation makes for an incredible good variety of many different styles and seasonal beers. There’s no reason for me to ever buy beer from mega brewers like AB InBev.
The craft brewers don’t and probably don’t need to advertise on big media. Yuengling does some advertising, but they have a very strong customer base that has existed for decades. Thus, their advertising pales in comparison to the mega brewers. I suspect that people around here that choose to not drink local beers are heavily influenced by mega brewer advertising. It’s really a same since the local beers are much better than the piss water that the mega brewers sell.
I’d love to see a move away from mega brewers and big business in general. I’d much rather buy from a local small business. When there is strong support for local small businesses it becomes inevitable that more will open. That leads to better variety and prices. That’s pure competition in the economic sense of the phrase. That’s when capitalism works best. The businesses win. The employees win. The consumer win. Competition leads to better products at better prices for consumers.
Live about 15 miles from Blue Point brewery...
Great success story... started brewing out of his garage... beer became so popular the AB bought him out for millions and than built a brewery for him to run as an employee... he still works there!
Their beer menu has expanded greatly and is excellent... and the brewery is a fantastic place to visit, lots of indoor and out door space to sit back and relax... as is Patchogue, NY on Long Island...
Great place to visit if in the area....
https://www.facebook.com/BluePointBrewing?mibextid=ZbWKwL
Schadenfreude.... is so juicy.
If you visit the Baseball Hall of Fame in Cooperstown NY, take a trip to Ommegang Brewery.
https://www.ommegang.com/
Schadenfreude!
BTW, if Dylan Mulvaney went missing, would his picture be on a carton of half n half? ;)
Most definitely will... I love craft Breweries...
Here on the island we have so many... hard to drink mass produced beers after hitting these places...
I have one in my town, West Islip.
. it’s called Secatogue Brewery... named after, and memorializing, the infian tribe that lived along the south shore...
I love IPAs... They brew a fruited IPA every two years... unique, crisp and perfect to drink on a hot and humid afternoon.
Thank God for the craft breweries!
My go to mass produced beer is Sierra Nevada... amazing selection of quality brews...
Don’t drink much else!
“It’s dead. You could tell by the memes on the internet.
Bud light did one political based move in 40 years, and that was the end.
The cancer may infect the parent beer, Budweiser, as well. They are lying to say 17% down, it’s far far worse.
5/1/2023”
It was stupid to pick Transgenderism political hill to die on, as your first political statement in 40 years. It is Ludicrous to not correct the mistake. Perhaps the AB family can buy back the brand soon and restart it.
Gee, that is too bad.
Tell it like it is, DailyCaller!
Now that’s funny right there.
I don’t care who you are
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