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Discussion in 'Beer News & Releases' started by Todd, Feb 9, 2019.
Boy, I did not see this coming.
Don't blink or you might miss something. Today's beer scene is very dynamic!?!
The new Cannabis industry will see a Billion dollar increase for many years to some. Not surprised at all.
The revenue lost to the illegal sale of marijuana in states where it is not now legal will continue to reform this entire landscape. Tax it or give it some other crooks? It is a huge and enticing pay off. diversifying is only logical for this new industry.
Is a brewery owned by big pot still "independent"?
That pretty much sums it up right there!
Until ABInBev becomes ABInBevPot
So these are planning to brew their THC and CBD beers in addition to becoming brewers of regular beer?
We won't know until the smoke clears.
Cheech and Chong's Smoked Sensamilla Stout is literally a no-brainer.
As in: "This is your brain on drugs"?
As long as they're under 6M bbl a year - someone's just got to come up with the figure of many Joints equal 1 Barrel.
Jes, like the character Monsieur Tommy Chong. He wasn't a space cadet, he was a space general.
Ridiculous. Let's hope they create a one stop shop THC infused pastry stout so lazy folks can get their weed, alcohol, and food cravings satisfied in one beverage.....
You should win a Nobel Prize for that idea!
Quick, you better trademark this idea or else you are out millions!!
Well, The Duke and Zonker from Garry Trudeau (Doonesbury) covered this "story" many years ago. Look at the old Trump/Trudeau strips from the 80s .(I think)..
Dude, where's my carboy?
Michael, another Gold Star for you!!
Joke about Cannabis all you want old dudes, it's about the only thing that will guarantee you get a Social Security check until the day you die.
No. But also, does it matter? Everyone seems to be acquiring everybody these days. The real question is who owns who, and how and why.
So Stone is getting acquired right? Sierra, Anchor and Stone are the only 3 in the top 20. Anchor is not completely "independently" owned and Sierra is far too large to acquire given the amount of $ these guys are working with.
"Everybody must get Stoned"!?!
You mean Big Tobacco V2?
While a lot of the players may be the already wealthy there are certainly independent entropenurs riding the new grass wave. It should remind you or craft beer before Jim Koch was a Billionaire.
This. Was just going to say, it's only a matter of time before these cannabis companies are fully conglomerated.
If they did not strip the booze out of it it might be worth a shot.
That was my supposition as well.
Crickets for over a month
That's because LOI's don't mean shit. They're almost always non-binding. Now, if they had signed definitive agreements, that would be a different story. An LOI usually has some high level terms and proposed purchase price contingent on confirmatory diligence that could take a significant amount of time to complete.