Tilray Brands (NASDAQ: TLRY) chairman and CEO Irwin D. Simon says his company is set to capitalize on possible cannabis legalization in the U.S. and anticipates creating beer infused with cannabis if/when it becomes legal.

Simon has long been optimistic about legalization in the U.S. and what it would mean for what he calls his $4 billion aspirational goal. “My aspirations are built on legalization in the United States,” he told Benzinga in 2021.

Things Are Finally Moving In That Direction: Tilray Is Prepared
In early August, Tilray acquired eight beer and beverage brands from Anheuser-Busch (NYSE: BUD), making the company the 5th largest craft beer business in the U.S., up from 9th – not a bad spot to be in.

“I’m buying these brands too because I think there’s a …

Full story available on Benzinga.com

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