Tilray CEO tells BNN Bloomberg company expects to make THC-infused beer

Tilray Brands (TLRY) chairman and CEO Irwin Simon told BNN Bloomberg in an interview that the company expects to create beer infused with cannabis if the drug becomes legal across the U.S. Last month, the company acquired eight beers brands from AB InBev (BUD) for $85M, and then reached a deal to acquire 10% of Truss Beverage from Molson Coors Canada (TAP), BNN Bloomberg’s Ben Cousins notes. “I’m buying these brands too because I think there’s a big opportunity in the beer business and my whole strategy is craft beer,” Simon said. “Upon legalization (in the U.S.) one day, we will infuse these drinks with THC, with CBD, but we’ll have the distribution and we’ll have the brands when and if legalization does happen.”