Beer makers, thirsty for growth, push into cannabis market
Story Date: 1/18/2019

 

Source: Damian J. Troise, WRAL, 1/17/19

The makers of Budweiser, Coors and other large-scale brewers are placing their bets on cannabis as a way to fight saturated markets and shifting consumer trends. For years, the industry's largest players have struggled with stagnating markets and shifting consumer tastes. Anheuser-Busch InBev, Molson Coors and Corona brewer Constellation Brands have responded by buying up fast-growing craft brews. 

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