Tilray to acquire Breckenridge Distillery.

Tilray, a cannabis lifestyle and consumer packaged goods company, agreed to acquire Breckenridge Distillery, a distilled spirits platform. Financial terms are not disclosed. "Tilray’s strength lies in our ability to identify and significantly expand leading CPG lifestyle brands that resonate powerfully with consumers. Breckenridge Distillery is an iconic addition to our platform in this respect based on its portfolio of award-winning spirits, passionate consumer engagement, and a strong sales and distribution network. We see tremendous potential for Breckenridge and our existing SweetWater brand to complement each other, expanding their respective reach and driving further profitable growth in our beverage alcohol segment," Irwin Simon, Tilray Chairman and CEO.