SweetWater Brewing Company, LLC (
"SweetWater"), a
subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), has
announced its continued westward expansion into both Washington and
Oregon, with distribution partner Columbia Distributing, keeping up
the momentum after the announcement of its launch into California
earlier this month.
With this multi-state expansion, SweetWater continues to hit
major milestones as it celebrates its 25th anniversary this year,
with the opening of SweetWater Colorado Brewing Company, LLC, it’s
new brewery and taproom location in Fort Collins, Colorado, and the
recent acquisition of classic craft beer brands Alpine Beer Company
and Green Flash Brewing Co.
“There’s no better way to celebrate our 25th anniversary than to
raise some pints of 420 with our new friends on the other side of
the country,” said Freddy Bensch, co-founder and CEO of SweetWater.
“West-coast styles brews are what inspired the creation of
SweetWater 25 years ago, and we’re excited to bring our beers and
culture into these great craft beer states with more to come.”
SweetWater Brewing in partnership with Columbia Distributing
will bring its core line of quality craft brews throughout both
states, including its flagship SweetWater 420 Extra Pale Ale,
H.A.Z.Y. IPA, and 420 Imperial IPA, in addition to its rotating
variety packs featuring a variety of other heady brews, into local
restaurants and bars, grocery chains, liquor stores and other
retail establishments.
“After months of planning, we’re thrilled to finally be
launching SweetWater and its brands across our distribution
footprint,” said Columbia Distributing’s CEO, Chris Steffanci. “As
they continue to expand and grow within these new markets, we are
pleased to be a partner alongside them as together we bring
SweetWater brews to a wide-range of consumers across the Pacific
Northwest.”
“The SweetWater brand has managed to expand across three west
coast states in the past month, which has been an exciting journey
and accomplishment for us” said Zack Koenigsberg, Business
Development Manager for SweetWater Brewing Company. “Our rapid
growth speaks to the ongoing success our quality craft brews have
had over the past 25 years, and we’re excited to continue
delivering high quality and innovative products for years to
come.”
The expansion into Washington and Oregon marks the 39th and 40th
states respectively, where SweetWater products will now be
available for purchase.
About SweetWater Brewing Company:SweetWater
Brewing Company is an Atlanta-based craft brewery living by the
motto “Don’t Float the Mainstream!” In 2020, SweetWater was
acquired by Aphria Inc., now Tilray Brands, Inc. (Nasdaq: TLRY and
TSX: TLRY) (“Tilray” or the “Company”) a leading global
cannabis-lifestyle and consumer packaged goods company inspiring
and empowering the worldwide community to live their very best
life. SweetWater Brewing Company is celebrating 25 years of heady
beers in 2022 and is the 11th largest craft brewery in the nation,
according to Brewers Association. The award-winning lineup of
year-round beers includes 420 Extra Pale Ale, H.A.Z.Y. IPA, 420
Imperial I.P.A., H.A.Z.Y. 710 Pale Ale, G13 IPA, High Light Lo-Cal
Easy IPA, Goin' Coastal IPA, Broken Coast Lager, SweetWater Oasis
Premium Hard Seltzer, Golden Isles Hard Iced Tea, and SweetWater
RIFF RTD cocktails. Additionally, seasonal releases offer
palate-pleasing variety, along with an experimental, one-time-only
Dank Tank series, 420 Strain Series, and progressive barrel-aged
styles in The Woodlands Project series.
SweetWater is passionate about protecting natural resources and
habitats and is recognized for its contributions to environmental
initiatives throughout its distribution footprint. Supporting the
conservation of some of the nation’s most threatened rivers,
streams and coastlines is a cause near and dear to the brewery, as
clean water is also vital to the creation of their tasty brews.
SweetWater beverages are crafted at two locations, the flagship
SweetWater brewery and taphouse at 195 Ottley Drive in the heart of
Atlanta, and a second location now open in Fort Collins, Colorado
at 1020 E Lincoln Ave. For more information about SweetWater
Brewing Company, please visit www.sweetwaterbrew.com, follow
SweetWater on Twitter/Instagram @sweetwaterbrew, and become a fan
at facebook.com/sweetwaterbrew.
About Tilray BrandsTilray Brands, Inc. (Nasdaq:
TLRY; TSX: TLRY), is a leading global cannabis-lifestyle and
consumer packaged goods company with operations in Canada, the
United States, Europe, Australia, and Latin America that is
changing people's lives for the better – one person at a
time. Tilray Brands delivers on this mission by inspiring and
empowering the worldwide community to live their very best life and
providing access to products that meet the needs of their mind,
body, and soul while invoking wellbeing. Patients and consumers
trust Tilray Brands to deliver a cultivated experience and health
and wellbeing through high-quality, differentiated brands and
innovative products. A pioneer in cannabis research, cultivation,
and distribution, Tilray’s unprecedented production platform
supports over 20 brands in over 20 countries, including
comprehensive cannabis offerings, hemp-based foods, and craft
beverages.
For more information on how we open a world of wellbeing, visit
www.Tilray.com.
Forward-Looking StatementsCertain statements in
this communication that are not historical facts constitute
forward-looking information or forward-looking statements
(together, “forward-looking statements”) under Canadian securities
laws and within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, that are intended to be subject to the “safe
harbor” created by those sections and other applicable laws.
Forward-looking statements can be identified by words such as
“forecast,” “future,” “should,” “could,” “enable,” “potential,”
“contemplate,” “believe,” “anticipate,” “estimate,” “plan,”
“expect,” “intend,” “may,” “project,” “will,” “would” and the
negative of these terms or similar expressions, although not all
forward-looking statements contain these identifying words. Certain
material factors, estimates, goals, projections or assumptions were
used in drawing the conclusions contained in the forward-looking
statements throughout this communication. Forward-looking
statements include statements regarding our intentions, beliefs,
projections, outlook, analyses or current expectations concerning,
among other things, the expansion of product distribution,
including across Washington and Oregon. Many factors could cause
actual results, performance or achievement to be materially
different from any forward-looking statements, and other risks and
uncertainties not presently known to the Company or that the
Company deems immaterial could also cause actual results or events
to differ materially from those expressed in the forward-looking
statements contained herein. For a more detailed discussion of
these risks and other factors, see the most recently filed annual
information form of Tilray and the Annual Report on Form 10-K (and
other periodic reports filed with the SEC) of Tilray made with the
SEC and available on EDGAR. The forward-looking statements included
in this communication are made as of the date of this communication
and the Company does not undertake any obligation to publicly
update such forward-looking statements to reflect new information,
subsequent events or otherwise unless required by applicable
securities laws.
Media Contact:SweetWater Public Relations Sara
Rozyckipr@sweetwaterbrew.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/bf1d3f35-0b52-4dd5-bcfa-145fed673b77.
Tilray Brands (NASDAQ:TLRY)
Historical Stock Chart
From May 2024 to Jun 2024
Tilray Brands (NASDAQ:TLRY)
Historical Stock Chart
From Jun 2023 to Jun 2024