Bud Light Sales Decline and Tilray Brands' Expansion

Bud Light sales decline in the US, leading to a decline in Anheuser-Busch InBev's bottom line due to the ongoing backlash against Bud Light. Tilray Brands report a 15% increase in net revenue, expanding its portfolio and diversifying beyond recreational cannabis in Canada. Tilray Brands also closes a deal with Anheuser-Busch to acquire eight beer brands, tripling its beer sales volume. Anheuser-Busch's stock spikes despite the Bud Light controversy, while Tilray Brands expands its beverage portfolio by acquiring brands from Molson Coors and Anheuser-Busch.