BrewDog Bought by Tilray: Jobs Lost, Bars Closed

0:00On March 2nd, BrewDog, the Scottish craft beer powerhouse behind hits like punk IPA, has been snapped up by American cannabis company Tilray Brands. For 33 million pounds. This comes right after the brewer fell into Administrational Monday, leading to the loss of four handy-four jobs and the shutdown of. 38 bars across the UK. Meanwhile, not everything is closing down. The 18 franchise bars in the UK and abroad will keep running. And 733 UK jobs are safe, transferring straight over to. Tilray. The buyer is also taking over key sites, like the main brewery in Ellen, Aberdeen Shire, in the National Distribution Hub, in Motherwell, Lanark Shire. Local reactions have been sharp. One MP called the job Cust disastrous for workers in the Northeast and beyond, urging staff to reach out for details on their roles. Crowdfunded investors, who backed the brand early on, are said to walk away with nothing from the deal. Tilray's leaders see a bright path ahead, promising to refocus on craft beer

1:03quality and profitable growth while keeping Scottish brewing operations. Central with no plans to move production. They're even in talks to grab some BrewDog assets in the US and Australia. As this shakes up the drinks world amid tough market times, eyes are on how Tilray steers the iconic brand forward for beer fans everywhere.