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Tilray Brands will stop producing beer at its Terrapin facility in Athens, Georgia as the cannabis and beverages group continues to "optimise" its US beer network.
In a statement, the group said from 25 September, it will move "brewing production from Athens to other breweries within our network".
It said the move was part of "ongoing efforts to optimise our brewing network and support our long-term operating model".
The Nasdaq-listed company added: "With robust brewing operations across the country, this transition allows us to continue serving customers efficiently while leveraging the scale and capabilities of our broader brewery footprint."
The taproom, warehouse and repack operations in Athens "will remain open and continue serving customers from the current location".

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1 day ago

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