A list of puns related to "Drink Industry"
“Nothing surprises me in this industry” – Just Drinks speaks to Tilray CEO Irwin Simon (Paywall)
By Andy Morton, 06 Jan 2022
Irwin Simon is one of the pre-eminent voices in the emerging global cannabis industry. In 1993, he founded Hain Celestial Group, a health & wellness products company that during the 25 years Simon was in charge, became a market leader. In 2019, he upgraded an executive board room position at Canadian cannabis company Tilray for the CEO role and a year later oversaw a merger with Aphria to create the world’s biggest global cannabis group.
As part of the merger, Tilray became the owner of SweetWater Brewing Co, a US craft brewer that Aphria had acquired only a month before for US$300M. Since then, Simon has expanded Tilray further, including with last month's purchase of Colorado’s Breckenridge Distillery.
Meanwhile, Tilray has used SweetWater to buy two San Diego breweries – Alpine Beer Co and Green Flash Brewing Co. In September, SweetWater closed on the purchase of Colorado brewery Red Truck Beer Co.
Simon’s goal is to use the alcohol brands to launch THC and CBD versions of the original products. An avowed brand builder, Simon sees this as an ideal way to convince alcohol consumers to switch to cannabis products.
Central to this plan, however, is a decision that is largely out of Simon’s hands. Before Tilray starts launching cannabis beverages in the US, it must first wait for federal legalisation. Until then - Simon tentatively believes it could take three years - Tilray will continue to run the beverage companies as going concerns. Speaking to Just Drinks this week, Simon discussed his plans for the new acquisitions and his thoughts on cannabis legalisation in the US. The CEO also shed new light on the status of the partnership with Anheuser-Busch InBev and gives his opinion on a recent marketing activation from a rival that promotes mixing cannabis cocktails with alcohol.
Just Drinks: You've bought these beverage brands with the long-term goal of turning them into cannabis brands. Until legalisation happens, you're stuck with being in the straight alcohol business. Was that part of the plan?
Tilray chairman & CEO Irwin Simon: I can't own any cannabis businesses in the US unless I buy an option on it. With that, I get no revenue, no EBITDA and no real say in the running of the busin
... keep reading on reddit ➡Spare a thought for the owners of my local corner store who seem only ever to have had about three regular customers (now two).
In all seriousness, I feel lucky to be packing it in at a time when there are so many different alternatives to booze. Still feeling them out, but at least I’m spoiled for choice.
I didn't want to do a click bait sympathy title. I just wanted to talk about the experience with like minded people.
I'm a brewer and I decided at the end of August I'm not drinking outside of what I need to for work (ie tastings/sips). It's been working great for me. I've got great sober friends, a supportive partner, a therapist, and this great community. I posted on my Instagram that I'm not drinking any more, but who knows who saw it.
Anyway, last night it was the anniversary party for a local brewery that I really like and love the brewer. I wanted to go to support them. I had a diet coke and some food. Felt great. Caught up with a good friend I used to work with. It was a great night! I had some urges to drink but I quickly just shut them down. The only annoying thing was the few people who made comments about my soda, but I quickly brushed them off. It felt really good last night and definitely felt great this morning. IWNDWYT
And if the times are earlier, is this due to COVID-related issues or were these the times prior to COVID? Asking for reference; employer just extended hours.
The system is breaking down, thanks to the hyperinflation caused by the central banks and the worker shortages caused by lockdowns & governments paying workers not to work.
The Government will hold crisis talks with industry bosses today after soaring gas prices and a lack of carbon dioxide sparked fears of widespread food shortages.
High global demand, maintenance issues and lower solar and wind energy output have all been blamed on the increased cost of wholesale gas, which in turn has forced much of the UK's commercial production of CO2 to stop.
“Nothing surprises me in this industry” – Just Drinks speaks to Tilray CEO Irwin Simon
“Nothing surprises me in this industry” – Just Drinks speaks to Tilray CEO Irwin Simon (Paywall)By Andy Morton, 06 Jan 2022Irwin Simon is one of the pre-eminent voices in the emerging global cannabis industry. In 1993, he founded Hain Celestial Group, a health & wellness products company that during the 25 years Simon was in charge, became a market leader. In 2019, he upgraded an executive board room position at Canadian cannabis company Tilray for the CEO role and a year later oversaw a merger with Aphria to create the world’s biggest global cannabis group.As part of the merger, Tilray became the owner of SweetWater Brewing Co, a US craft brewer that Aphria had acquired only a month before for US$300M. Since then, Simon has expanded Tilray further, including with last month's purchase of Colorado’s Breckenridge Distillery.Meanwhile, Tilray has used SweetWater to buy two San Diego breweries – Alpine Beer Co and Green Flash Brewing Co. In September, SweetWater closed on the purchase of Colorado brewery Red Truck Beer Co.Simon’s goal is to use the alcohol brands to launch THC and CBD versions of the original products. An avowed brand builder, Simon sees this as an ideal way to convince alcohol consumers to switch to cannabis products.Central to this plan, however, is a decision that is largely out of Simon’s hands. Before Tilray starts launching cannabis beverages in the US, it must first wait for federal legalisation. Until then - Simon tentatively believes it could take three years - Tilray will continue to run the beverage companies as going concerns. Speaking to Just Drinks this week, Simon discussed his plans for the new acquisitions and his thoughts on cannabis legalisation in the US. The CEO also shed new light on the status of the partnership with Anheuser-Busch InBev and gives his opinion on a recent marketing activation from a rival that promotes mixing cannabis cocktails with alcohol.Just Drinks: You've bought these beverage brands with the long-term goal of turning them into cannabis brands. Until legalisation happens, you're stuck with being in the straight alcohol business. Was that part of the plan?Tilray chairman & CEO Irwin Simon: I can't own any cannabis businesses in the US unless I buy an option on it. With that, I get no revenue, no EBITDA and no real say in the running of the business. So [with the acquisitions], I get a beverage business
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