Here's Where To Buy Legal Weed While Getting A Tattoo And A Beer: New Cannabis Stores In US And More
Portfolio Pulse from Jelena Martinovic
The article discusses the growing intersection between the alcohol and cannabis industries, highlighting moves by major companies like Anheuser-Busch, Molson Coors, Constellation Brands, and Tilray Brands. Tilray has acquired eight beer brands from Anheuser-Busch, making it the 5th largest craft beer business in the U.S. The article also mentions new cannabis store openings in various states and countries, including Illinois, Florida, Michigan, California, Canada, and Thailand.
June 03, 2024 | 5:53 pm
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NEGATIVE IMPACT
Anheuser-Busch has sold eight beer brands to Tilray, which could impact its market share in the craft beer segment.
The sale of eight beer brands to Tilray could reduce Anheuser-Busch's presence in the craft beer market, potentially impacting its revenues in this segment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
High Tide Inc. is expanding its retail footprint in Canada with the opening of its 172nd Canna Cabana store, which could drive revenue growth.
The expansion of High Tide's retail footprint in Canada is likely to drive revenue growth and strengthen its market position.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Planet 13 Holdings Inc. has opened a new location that combines cannabis sales with tattoo services, potentially attracting a unique customer base.
The unique combination of cannabis sales and tattoo services could attract a diverse customer base, potentially boosting sales.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Tilray's acquisition of eight beer brands from Anheuser-Busch positions it as the 5th largest craft beer business in the U.S., potentially boosting its revenues.
Tilray's acquisition significantly expands its footprint in the craft beer market, which could lead to increased revenues and market share.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
TerrAscend Corp. has opened a new dispensary in Detroit, Michigan, which could enhance its market presence and drive revenue growth.
The new dispensary in Detroit is likely to enhance TerrAscend's market presence and drive revenue growth in the region.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70