Cannabis Products: Tilray Partners with AB InBev
On December 19, Tilray (TLRY) announced a “research partnership” with one of the largest alcoholic beverage companies—AB InBev. The joint partnership would entail an investment of $100 million or $50 million from each company to advance research in non-alcoholic beverages specifically for the Canadian market. The beverage product research would target both THC (tetrahydrocannabinol) and CBD (cannabidiol) infused drinks. The research might focus on both recreational drinks.