Tilray Brands, Owner of 5ᵗʰ Largest U.S. Craft Beer Business, Selects MicroStar Logistics as Long-Term Keg Supply Chain Partner
DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Having recently solidified its leadership position in the US beer market with the acquisition of eight additional iconic craft brands, Tilray Brands, Inc. (“Tilray Brands” or “Tilray”) (Nasdaq | TSX: TLRY) will consolidate and simplify its keg supply chain by converting to MicroStar’s complete outsourced keg management solution.
- DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Having recently solidified its leadership position in the US beer market with the acquisition of eight additional iconic craft brands, Tilray Brands, Inc. (“Tilray Brands” or “Tilray”) (Nasdaq | TSX: TLRY) will consolidate and simplify its keg supply chain by converting to MicroStar’s complete outsourced keg management solution.
- This move will support Tilray’s strategy to grow efficiently, sustainably, and with the highest quality across its expanding national footprint.
- “Because MicroStar’s dense network of shareable kegs significantly reduces the distance empty kegs travel, we are able to drive both economic and sustainability benefits compared to the traditional owned keg model.
- Combined with MicroStar’s operating partnership philosophy, it became an easy decision to establish MicroStar as the backbone of our keg logistics operations.”