Anheuser-Busch and Tilray Earmark $50M to Research Cannabis Beverages

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Anheuser-Busch, the makers of Budweiser, and British Columbia-based Tilray have embarked on a research partnership to the tune of $50M to research both CBD and THC for the burgeoning cannabis-infused beverage market.

The announcement comes after several other prominent beer-makers have made their own moves towards the canna-beverages space. Back in August, Corona makers Constellation Brands announced a $5 Billion investment in the Canadian cannabis producer Canopy Growth, and Molson-Coors has also hinted at plans to enter the market.

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