Tilray Is Expanding Its Alcohol Business, and That’s a Good Move for the Company

Tilray Brands (NASDAQ: TLRY) has been diversifying its business over the years. Earlier this month, Tilray announced the acquisition of several different brands that will make its alcohol business even bigger and stronger. On Aug. 7, Tilray said that it would acquire eight beverage brands from beer giant Anheuser-Busch InBev.