Tilray Brands Acquires BrewDog's U.S. Assets

The New York-based cannabis and lifestyle company now owns BrewDog's Cleveland pub and other locations across the country.

Mar. 17, 2026 at 2:41pm

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Tilray Brands Inc., a New York-based cannabis, lifestyle, wellness and packaged goods company, has acquired the strategic assets of BrewDog in the United States. The acquisition includes BrewDog's U.S. manufacturing and brewing operation in Columbus, three owned pubs in Ohio (Columbus, Cleveland and New Albany), one hotel in Columbus, a brewpub in Las Vegas, a franchised BrewDog location in Denver, and a licensed BrewDog location in the John Glenn Columbus International Airport.

Why it matters

The acquisition strengthens Tilray's U.S. beverage platform and advances the company's regional craft beer strategy across North America. BrewDog's Cleveland location in the Flats has been a popular destination since opening in late 2021, featuring a large riverfront patio and over two dozen taps of BrewDog and local craft beers.

The details

Under the agreement, Tilray Brands will acquire the BrewDog brand and its intellectual property worldwide. Tilray Beverages, a division of Tilray Brands, already owns a variety of craft breweries across the U.S., including 10 Barrel Brewing, Alpine Beer, Atwater Brewery, and Sweetwater Brewing Co. However, none of Tilray's existing breweries are based in Ohio.

  • BrewDog opened its first U.S. location in Columbus in 2017.
  • BrewDog's Cleveland outpost in the Flats opened in late 2021.

The players

Tilray Brands Inc.

A New York-based cannabis, lifestyle, wellness and packaged goods company that has acquired the strategic assets of BrewDog in the United States.

BrewDog

A Scotland-based brewery that had several locations in the U.S., including a popular pub in Cleveland's Flats neighborhood.

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What they’re saying

“The acquisition of BrewDog's key U.S. assets strengthens our U.S. beverage platform and advances our regional craft beer strategy across North America.”

— Irwin D. Simon, Chairman and Chief Executive Officer of Tilray Brands (Press Release)

What’s next

Tilray Brands plans to integrate BrewDog's U.S. operations and assets into its existing craft beer portfolio, which includes several regional breweries across the country.

The takeaway

This acquisition demonstrates Tilray's strategic focus on expanding its presence in the U.S. craft beer market, leveraging BrewDog's brand recognition and popular pub locations to complement its existing brewery holdings.