NEWS BULLETIN file photo

Tilray to partner with Labatt on non-alcoholic beverages with THC

Nanaimo cannabis company, brewery will each invest up to $50 million

Nanaimo cannabis company Tilray announced today a partnership with Labatt Breweries to research non-alcoholic drinks containing THC.

According to a joint press release Dec. 19 from Tilray and AB InBev, parent company to Labatt, Budweiser and 500 other beer brands, each company will invest up to $50 million US into research into beverages containing THC and cannabidiol.

Kyle Norrington, president of Labatt Breweries of Canada, said in the press release that his company is committed to staying ahead of emerging consumer trends.

“We intend to develop a deeper understanding of non-alcohol beverages containing THC and CBD that will guide future decisions about potential commercial opportunities,” said Norrington. “We look forward to learning more about these beverages and this category in the months ahead.”

Brendan Kennedy, CEO of Tilray, said in the press release that his company is delighted to be joining forces with a world-leading beverage company.

“Tilray and AB InBev share a commitment to responsible product development and marketing, and we look forward to beginning our work on this important partnership as Tilray continues to pioneer the development of a professional, transparent, and well-regulated cannabis industry,” said Kennedy.

READ ALSO: Tilray, Sandoz have new agreement for developing market for medical cannabis



editor@nanaimobulletin.com

Like us on Facebook and follow us on Twitter

Just Posted

Year-long volunteer program aims to empower Vancouver Island youths

Federally funded Youth 20/20 Can involves young people aged 15-30

UPDATED: Nanaimo pumped for Red Bull Pump Track World Championship event

Nanaimo’s Ben Leslie wins men’s division of world qualifier at Steve Smith Bike Park

V.I. Raiders earn a win against Okanagan Sun

Five interceptions help Nanaimo to a 37-13 victory Saturday at Caledonia Park

Summertime Blues Festival on at Maffeo Sutton Park

It’s Day 3 of Nanaimo’s blues festival with performances until 10 p.m. tonight

VIU staff go rock-hunting in Nanaimo for grade-school geology courses

University’s earth science department creating introductory teaching kits for schools

UPDATED: Nanaimo pumped for Red Bull Pump Track World Championship event

Nanaimo’s Ben Leslie wins men’s division of world qualifier at Steve Smith Bike Park

VIEX now in full swing

Vancouver Island Exhibition underway in Nanaimo

B.C. VIEWS: Pipelines set to roll as federal politicians posture

Projects to drive B.C., Canadian economy in years ahead

B.C. Lions fall to 1-9 after 13-10 loss to Ticats

Lowly Leos have dropped six straight CFL contests

VIDEO: B.C. woman meets biological mother, 38 years later

Mother never gave up hope of finding daughter, despite all the obstacles

Vancouver Island man dead after reported hit-and-run incident

Oceanside RCMP seek public’s help gathering information

B.C. RCMP plane chases fleeing helicopter as part of major cross-border drug bust

The helicopter eventually landed at a rural property near Chilliwack

Beefs & Bouquets, Aug. 22

To submit a beef or a bouquet to the Nanaimo News Bulletin, e-mail bulletinboard@nanaimobulletin.com

B.C. man who died after rescuing swimmer was known for helping others

Shaun Nugent described as a dad, a coach, a hero and ‘stand-up guy’ at celebration of life

Most Read