Fundz

Tilray Brands Announces Acquisition Of Truss Beverage Co.™

PUBLIC · TLRYAug 18, 2023

Acquiring Company

Tilray Brands

Acquired Company

Truss Beverage

New YorkOtherInformation TechnologyBiotechnologyAgriculture and FarmingSoftwareHealth CareEducationMedicalAnalyticsCannabisManufacturingFood And BeverageCannabis

Description

Tilray Brands, Inc. (“Tilray Brands”, “Tilray” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the acquisition of the remaining 57.5% equity ownership of Truss Beverage Co.TM (Truss) from Molson Coors Canada (NYSE: TAP).

Quick answer

Tilray Brands is acquiring Truss Beverage, announced August 18, 2023. Tilray Brands is based in New York, New York, United States.

How much did Tilray Brands pay for Truss Beverage?
The deal value was not disclosed.
What does Tilray Brands do?
Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment.
Where are Tilray Brands and Truss Beverage based?
Tilray Brands is based in New York, New York, United States.
Who are the decision-makers at Tilray Brands?
Fundz holds 3 contacts at Tilray Brands. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Agriculture and Farming and Education

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Tilray Brands, and when

When Tilray Brands changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day Tilray Brands raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tilray Brands, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Tilray Brands. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Tilray Brands

Location

New York, New York, United States

About

Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. The company aims to elevate lives through moments of connection, offering a house of brands and innovative products. Tilray operates in Canada, the United States, Europe, Australia, and Latin America, supporting over 40 brands across more than 20 countries.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Tilray Brands makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Chris
Likely contact at this company
••••••••@••••••••

See Chris's verified email →

Adam
Senior decision-maker at this company
••••••••@••••••••

See Adam's verified email →

Frank
Senior decision-maker at this company
••••••••@••••••••

See Frank's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Tilray Brands's next move

Learn about Strategic plan

Frequently asked

Who acquired Truss Beverage?

Truss Beverage was acquired by Tilray Brands, based in New York. The deal was reported on August 18, 2023. Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. Tilray Brands is publicly traded (TLRY) and operates in Other.

When did Tilray Brands acquire Truss Beverage?

Tilray Brands's acquisition of Truss Beverage was reported on August 18, 2023. Tilray Brands, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Truss Beverage do?

Truss Beverage Co. is a wholly owned subsidiary of Tilray Brands, a licensed producer of cannabis products in Canada; formed to lead innovation in the development of non-alcoholic, cannabis-beverages for the Canadian market. It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.