- Tilray (TLRY) has signed a distribution agreement with Southern Glazer’s Wine & Spirits
- The distribution agreement will provide Tilray with direct access to Southern Glazer’s distribution network reaching consumers from local bars and restaurants to independent and national grocery chains, and convenience stores
- Southern Glazer’s will be the exclusive distribution partner for the Tilray Wellness CBD beverage portfolio across 13 states with additional opportunities to scale nationwide
- Tilray can develop a U.S. CBD beverage portfolio within familiar retail channels
- Tilray Stock (TSX:TLRY) is up 0.73 per cent, trading at C$3.9285 per share at 12:00 pm ET
Tilray Brands’ (TLRY) wellness cannabis division has signed a distribution agreement with Southern Glazer’s Wine & Spirits.
Through Fresh Hemp Foods, Ltd., the distribution agreement will provide Tilray with direct access to Southern Glazer’s distribution network reaching consumers from local bars and restaurants to independent and national grocery chains and convenience stores.
Southern Glazer’s will be the exclusive distribution partner for the Tilray Wellness CBD beverage portfolio across 13 states, with additional opportunities to scale nationwide. Tilray can develop a U.S. CBD beverage portfolio within familiar retail channels via this partnership.
Glazer’s Wine & Spirits is the preeminent distributor of wine and spirits.
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. The company is one of the biggest suppliers of medicinal cannabis brands to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
