Anheuser-Busch offloads high-profile Oregon breweries as part of 8-brand selloff to cannabis company

Portland-based Widmer Brothers Brewing and Square Mile Cider are part of the deal, along with Bend-based 10 Barrel Brewing and Seattle-based Redhook Brewery.

PORTLAND, Ore. — Anheuser-Busch Inc. has reached a deal to sell off eight of its brands, including two high-profile craft breweries acquired in the past decade, to a New York company that specializes in cannabis lifestyle products and packaged goods.

The deal between Tilray Brands Inc. (NASDAQ: TLRY) and Anheuser-Busch (NYSE: BUD) involves A-B transferring ownership of beer brands 10 Barrel Brewing Company of Bend, and Widmer Brothers Brewing and Square Mile Cider company, both based in Portland. The other A-B portfolio brands

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