Global cannabis company Aphria has entered an agreement to acquire
SweetWater Brewing Company for $300 million. SweetWater Brewing is one of the largest independent craft brewers in the United States and has created an award-winning portfolio of specialty beers, many of which align closely with the cannabis lifestyle. The acquisition will provide Aphria with a US platform and access to the US market in the event of federal legalization.
Source: PR Newswire, November 2020