Montauk Brewing Company, a New York craft brewer and a subsidiary of cannabis giant Tilray Brands, Inc. (NASDAQ: TLRY) (TSX: TLRY), has kicked off its expansion beyond the Northeast, beginning in Georgia, and continues to other significant markets in the U.S. later this year.
“This is a huge moment for Montauk Brewing as we begin a sustainable path to becoming a national brand,” said Ty Gilmore, president of U.S. Beer at Tilray. “Since Montauk Brewing was founded 11 years ago, the buzz around its innovative, easy-drinking beers has spread far beyond New York.”
Montauk’s best-selling styles of its drinkable craft beers, including Wave Chaser India Pale Ale, Cold Day IPA, Driftwood Ale and Box of Montauk, are now available in both cans and kegs.
Tilray’s Foray Into Beer
The move follows the acquisition …