Maker of Budweiser is partnering with medical cannabis company Tilray in a $100m deal to research cannabis-infused drinks for Canadian market | WHAT REALLY HAPPENED


Maker of Budweiser is partnering with medical cannabis company Tilray in a $100m deal to research cannabis-infused drinks for Canadian market

The maker of Budweiser is partnering with medical cannabis company Tilray in a $100 million deal to research cannabis-infused drinks for the Canadian market.

The alliance announced on Wednesday is the latest foray by a major beer company into the cannabis business in Canada, which legalized recreational marijuana in October.

Anheuser-Busch InBev and Tilray Inc. said each would invest $50 million in the project to study non-alcoholic drinks containing cannabidiol, or CBD, which some claim has calming and healing effects, and Tetrahydrocannabinol, or THC, the cannabis compound known for its psychoactive effects.

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