Beer money "What I was referring to is the news that the deal has been approved for financing and that those breweries will finally start reporting their sales revenue under Tilray Brands."
Quinlash, there was no financing for the latest brewery acquisitions from MolsonCoors, Tilray issued shares for that purchase. The filing is for amending the credit agreement for an existing $90 million term loan, which required the consent of the creditors and provides the creditors first lien security interest in the new acquisitions.
Four Twenty Corporation obtained a term loan of $70 million in June 30, 2023 to pay off a previous loan obtained in Dec. 2020. An additional $20 million was borrowed when Tilray acquired the breweries from Anheuser Busch in Sept. 2023.
Four Twenty Corp was renamed to American Beverages Crafts Group Inc. aka ABC group. The latest quarterly report shows ABC Group has $86 million outstanding on the term loan and $10 million outstanding on a line of credit.
All of this information is available on Tilray's website.