AB InBev and Tilray to invest $100m in non-alcoholic cannabis drinks

20th December, 2018 by Phoebe French

The world’s largest brewer, AB InBev, and Canadian cannabis company, Tilray, are to invest US$50 million each in a new research partnership to develop a “deeper understanding” of non-alcoholic beverages containing THC and CBD in order to “guide future decisions”.

The companies announced that they would each be investing $50 million in the project which will help shape any decisions “about potential commercial opportunities”.

The partnership will be limited to Canada with AB InBev subsidiary Labatt Breweries working with Tilray-owned High Park Company, which cultivates and produces a portfolio of adult-use cannabis brands.

The companies will explore the potential of using tetrahydrocannabinol (THC) and cannabidiol (CBD) in non-alcoholic drinks, something already being explored by the likes of Molson Coors, Heineken, Valiente and Rebel Coast.

AB InBev, the owner of….

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