Tilray buys remaining 58% stake in THC beverage company Truss Beverage from Molson Coors

Tilray Brands Inc.
TLRY,
+1.14%
said Friday it is buying the remaining 57.5% equity ownership of Truss Beverage Co. from Molson Coors Canada
TAP,
-0.45%
to gain full control of the THC beverage maker, for an undisclosed price. Truss Beverage Co. has been a joint venture between affiliates of Molson Coors Canada and Hexo, which has been acquired by Tilray. Tilray Canada president Blair MacNeil said the deal will further strengthen its No. 1 cannabis market share position in Canada and position the company “at the forefront of the adult-use beverage sector.” Tilray stock was down 1.5% in premarket trades.