Tilray to Acquire BrewDog’s Key U.S. Assets

*NEW YORK* — Tilray Brands Inc. signed an asset purchase agreement to
acquire strategic assets of BrewDog in the United States, including a
brewery, pub, and hotel in Columbus, Ohio, as well as pubs in New Albany,
Ohio; Cleveland, Ohio; and Las Vegas. Terms of the transaction were not
disclosed.

The U.S. deal follows Tilray’s acquisition of BrewDog’s UK assets and Australia
operations in early March. In the UK transaction, Tilray reportedly
paid £33 million for BrewDog’s global brand and related intellectual
property, UK brewing operations, and eleven brewpubs in the United Kingdom
and Ireland.