- Cannabis stock Tilray Brands released two new fruity high-alcohol drinks under its SweetWater Brewing brand
- The new line is available in two flavours, Sour Watermelon India Pale Ale (IPA) and Cherry Limeaid IPA, both brewed with real fruit and clock in at 9.5 per cent alcohol-by-volume (ABV)
- The Leamington, Ontario-based cannabis producer has made a number of recent moves in the beverage space, having recently acquired Truss Beverage Co. from Molson Coors Canada
- Tilray Brands, Inc. opened trading at C$1.92 per share
Cannabis stock Tilray Brands (TSX:TLRY; NDAQ:TLRY) released two new fruity high-alcohol drinks under its SweetWater Brewing brand.
The new line of SweetWater Gummies line of brews is available in two flavours Sour Watermelon India Pale Ale and Cherry Limeaid IPA, both brewed with real fruit and clock in at 9.5 per cent alcohol-by-volume.
The brewery team described Sour Watermelon IPA as having a candy aroma, a crisp fruity body with a hint of tartness, and a slightly sweet finish. While the Cherry Limeaid IPA is said to boast a lime-forward profile, a subtle maraschino cherry aroma, a sweet citrus body, and a hint of candy cherry flavour.
The Leamington, Ontario-based cannabis producer has made a number of recent moves in the beverage space, having recently acquired Truss Beverage Co. from Molson Coors Canada (NYSE:TAP) and eight beer and beverage brands from Anheuser-Busch Anheuser-Busch (NYSE:BUD). Tilray’s cannabis brand, Riff launched its new Riff Boost beverage collection earlier this month that features two new ready-to-drink THC- and CBG-infused drinks.
“As a brewery that thrives on fresh ideas and flavor exploration, we are excited to introduce Sour Watermelon and Cherry Limeaid to our SweetWater Gummies lineup, which we’ve crafted to satisfy the strong demand for full-flavoured, high-ABV beers,” Ty Gilmore, president of U.S. Beers for SweetWater Brewing said in a statement. “Gummies are easy to drink and are perfect to kick start the night, whether you’re throwing a house party, watching the game, or drinking with a few friends.”
Sour Watermelon IPA and Cherry Limeaid IPA are available nationally in a new variety 12-pack that also includes the original Gummies Fruit Punch IPA and Tropical IPA.
Tilray Brands, Inc. is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America.
Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and well-being through high-quality, differentiated brands and innovative products. Tilray’s production platform supports more than 20 brands in more than 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages.
Tilray Brands, Inc. opened trading at C$1.92 per share and its stock price is up nearly 5 per cent on the TSX in early Tuesday trading and has grown nearly 2 per cent in the past month.
Join the discussion: Find out what everybody’s saying about this cannabis stock on the Tilray Brands, Inc. Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.