Budweiser maker teams up with Tilray to explore pot drinks
NEW YORK (AP) — 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.
Anheuser-Busch InBev and Tilray Inc. said each would invest $50 million in the project announced Wednesday. The companies will study non-alcoholic drinks containing cannabidiol, or CBD, which some claim has calming and healing affects, and THC, the cannabis compound known for its psychoactive effects.
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