Anheuser-Busch

Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024

ET Today

Key Points: 
  • ET Today
    NEW YORK and LEAMINGTON, Ontario, April 09, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”, “our”, “we” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for its third quarter ended February 29, 2024.
  • Beverage-alcohol gross profit increased 89% to $18.9 million in the third quarter from $10.0 million in the prior year quarter.
  • Completed Canadian cannabis business cost reduction plan launched during fiscal year 2022 and international cannabis business plan launched during fiscal year 2023.
  • For its fiscal year ending May 31, 2024, the Company is now guiding to an Adjusted EBITDA target of $60 million to $63 million.

American Farmland Trust and Anheuser-Busch Support Missouri Farmers through New U.S. Farmed Certification

Retrieved on: 
Monday, April 8, 2024

ST. LOUIS, April 8, 2024 /PRNewswire/ -- Anheuser-Busch recently announced the national rollout of its newly-adopted U.S. Farmed certification and seal for several of its industry-leading beer brands, showing support for farmers in the U.S., including Missouri, where the state's farmers sold $14.7B worth of agricultural products in 20221. Developed and verified by the American Farmland Trust (AFT), a national nonprofit that helps to keep American farmers on their land, the U.S. Farmed certification and packaging seal helps shoppers choose products that derive at least 95 percent of their agricultural ingredients from farms in the United States.

Key Points: 
  • The U.S. Farmed seal will first appear on Anheuser-Busch's Busch Light this May, and Budweiser, Bud Light and Michelob ULTRA have also obtained U.S. Farmed certification.
  • Companies across the consumer-packaged goods (CPG) industry are encouraged to join the effort by obtaining U.S. Farmed certification for their domestically-sourced products.
  • We appreciate Anheuser-Busch's leadership in bringing the U.S. Farmed certification to some of the country's most iconic brands, while also making tangible impact for American farmers."
  • For more information on the U.S. Farmed certification and seal, including resources for American Farmers and product certification, please visit http://www.farmland.org/us-farmed .

Cornerstone Building Brands Appoints Dr. Marcia Avedon to its Board of Directors

Retrieved on: 
Tuesday, March 26, 2024

Cornerstone Building Brands, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the “Board”), effective April 1, 2024.

Key Points: 
  • Cornerstone Building Brands, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the “Board”), effective April 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240326897081/en/
    Dr. Marcia Avedon will serve as a member of the Cornerstone Building Brands board of directors, effective April 1, 2024.
  • “Marcia’s depth and breadth of both corporate leadership and board experience in leadership development, talent and succession management, executive compensation, organizational development, corporate governance, brand building, operations and sustainability make her a particularly strong addition to our Cornerstone Building Brands board of directors,” said Rose Lee, President and Chief Executive Officer, Cornerstone Building Brands.
  • Marcia previously served on the board of directors of GCP Applied Technologies and Lincoln National Corporation.

American Farmland Trust and Anheuser-Busch Support Washington Farmers through New U.S. Farmed Certification

Retrieved on: 
Monday, April 1, 2024

ST. LOUIS, April 1, 2024 /PRNewswire/ -- Anheuser-Busch recently announced the national rollout of its newly-adopted U.S. Farmed certification and seal for several of its industry-leading beer brands, showing support for farmers in the U.S., including Washington, where the state's farmers sold $12.8B worth of agricultural products in 20221. Developed and verified by the American Farmland Trust (AFT), a national nonprofit that helps to keep American farmers on their land, the U.S. Farmed certification and packaging seal helps shoppers choose products that derive at least 95 percent of their agricultural ingredients from farms in the United States.

Key Points: 
  • The U.S. Farmed seal will first appear on Anheuser-Busch's Busch Light this May, and Budweiser, Bud Light and Michelob ULTRA have also obtained U.S. Farmed certification.
  • Companies across the consumer-packaged goods (CPG) industry are encouraged to join the effort by obtaining U.S. Farmed certification for their domestically-sourced products.
  • We appreciate Anheuser-Busch's leadership in bringing the U.S. Farmed certification to some of the country's most iconic brands, while also making tangible impact for American farmers."
  • For more information on the U.S. Farmed certification and seal, including resources for American Farmers and product certification, please visit http://www.farmland.org/us-farmed .

American Farmland Trust and Anheuser-Busch Support Idaho Farmers through New U.S. Farmed Certification

Retrieved on: 
Monday, April 1, 2024

IDAHO FALLS, Idaho, April 1, 2024 /PRNewswire/ -- Anheuser-Busch recently announced the national rollout of its newly-adopted U.S. Farmed certification and seal for several of its industry-leading beer brands, showing support for farmers in the U.S., including Idaho, where the state's farmers sold $10.9B worth of agricultural products in 20221. Developed and verified by the American Farmland Trust (AFT), a national nonprofit that helps to keep American farmers on their land, the U.S. Farmed certification and packaging seal helps shoppers choose products that derive at least 95 percent of their agricultural ingredients from farms in the United States.

Key Points: 
  • The U.S. Farmed seal will first appear on Anheuser-Busch's Busch Light this May, and Budweiser, Bud Light and Michelob ULTRA have also obtained U.S. Farmed certification.
  • We look forward to other companies joining us in seeking U.S. Farmed certification for their products so that together we can make an even greater impact and show our support for American farmers."
  • We appreciate Anheuser-Busch's leadership in bringing the U.S. Farmed certification to some of the country's most iconic brands, while also making tangible impact for American farmers."
  • For more information on the U.S. Farmed certification and seal, including resources for American Farmers and product certification, please visit http://www.farmland.org/us-farmed .

MOLSON COORS OFFERS WORKERS 5 CENTS, CONTRACT NEGOTIATIONS COLLAPSE IN TEXAS

Retrieved on: 
Thursday, March 28, 2024

FORT WORTH, Texas, March 28, 2024 /PRNewswire/ -- Negotiations with Molson Coors broke off on Thursday over the multibillion-dollar beermaker's refusal to agree to real wage increases for Teamsters in a new three-year contract. Members of Teamsters Local 997 continue to hold the strike line 24/7 at the Fort Worth brewery as a nationwide boycott of Molson Coors products continues.

Key Points: 
  • In negotiations that included a mediator on Thursday, Molson Coors offered just five more cents per hour in its wage proposal to the workers who brew and package its signature beers.
  • For months, Molson Coors had not budged from its original degrading offer of 99-cent per hour raises.
  • Since workers were forced onto the picket line 41 days ago, Molson Coors CEO Gavin Hattersley has been paid more than $5.1 million.
  • Molson Coors doesn't care about Texas workers or their hard labor or the sacrifices their families have made to make the company rich.

TEAMSTERS' BOYCOTT PRESSURE FORCES MOLSON COORS BACK TO BARGAINING TABLE

Retrieved on: 
Wednesday, March 27, 2024

FORT WORTH, Texas, March 27, 2024 /PRNewswire/ -- Facing a nationwide boycott and the 40th day of an ongoing strike at its Fort Worth brewery, Molson Coors returned to the bargaining table on Wednesday morning. Brewery workers continue to hold the strike line while the Teamsters negotiating committee meets with Molson Coors and a federal mediator to demand a strong agreement.

Key Points: 
  • We are proving to Molson Coors how serious we are about a fair, decent, respectable contract.
  • "Our members not only make the beer — they make these greedy Molson Coors executives obscenely rich.
  • "Molson Coors put itself on strike when they took our members for granted and refused to reach a fair agreement.
  • In the past 40 days, Molson Coors has not only witnessed the unity of our members on the picket line, but a nationwide boycott of their products.

American Farmland Trust and Anheuser-Busch Support Montana Farmers through New U.S. Farmed Certification

Retrieved on: 
Monday, March 25, 2024

FAIRFIELD, Mont., March 25, 2024 /PRNewswire/ -- Anheuser-Busch recently announced the national rollout of its newly-adopted U.S. Farmed certification and seal for several of its industry-leading beer brands, showing support for farmers in the U.S., including Montana, where the state's farmers sold nearly $4.5B worth of agricultural products in 20221. Developed and verified by the American Farmland Trust (AFT), a national nonprofit that helps to keep American farmers on their land, the U.S. Farmed certification and packaging seal helps shoppers choose products that derive at least 95 percent of their agricultural ingredients from farms in the United States.

Key Points: 
  • The U.S. Farmed seal will first appear on Anheuser-Busch's Busch Light this May, and Budweiser, Bud Light and Michelob ULTRA have also obtained U.S. Farmed certification.
  • We look forward to other companies joining us in seeking U.S. Farmed certification for their products so that together we can make an even greater impact and show our support for American farmers."
  • We appreciate Anheuser-Busch's leadership in bringing the U.S. Farmed certification to some of the country's most iconic brands, while also making tangible impact for American farmers."
  • For more information on the U.S. Farmed certification and seal, including resources for American Farmers and product certification, please visit .

American Farmland Trust and Anheuser-Busch Support Arkansas Farmers through New U.S. Farmed Certification

Retrieved on: 
Monday, March 25, 2024

JONESBORO, Ark., March 25, 2024 /PRNewswire/ -- Anheuser-Busch recently announced the national rollout of its newly-adopted U.S. Farmed certification and seal for several of its industry-leading beer brands, showing support for farmers in the U.S., including Arkansas, where the state's farmers sold $13.9B worth of agricultural products in 20221. Developed and verified by the American Farmland Trust (AFT), a national nonprofit that helps to keep American farmers on their land, the U.S. Farmed certification and packaging seal helps shoppers choose products that derive at least 95 percent of their agricultural ingredients from farms in the United States.

Key Points: 
  • Companies across the consumer-packaged goods (CPG) industry are encouraged to join the effort by obtaining U.S. Farmed certification for their domestically-sourced products.
  • We appreciate Anheuser-Busch's leadership in bringing the U.S. Farmed certification to some of the country's most iconic brands, while also making tangible impact for American farmers."
  • "I'm grateful to see Anheuser-Busch and American Farmland Trust introducing the U.S. Farmed certification in support of American farmers," said Eric Vaught, farmer at E & K Rice Farms.
  • For more information on the U.S. Farmed certification and seal, including resources for American Farmers and product certification, please visit http://www.farmland.org/us-farmed .

American Farmland Trust and Anheuser-Busch Support California Farmers through New U.S. Farmed Certification

Retrieved on: 
Thursday, March 21, 2024

FAIRFIELD, Calif., March 21, 2024 /PRNewswire/ -- Anheuser-Busch recently announced the national rollout of its newly-adopted U.S. Farmed certification and seal for several of its industry-leading beer brands, showing support for farmers in the U.S., including California, where the state's farmers sold $59B worth of agricultural products in 20221. Developed and verified by the American Farmland Trust (AFT), a national nonprofit that helps to keep American farmers on their land, the U.S. Farmed certification and packaging seal helps shoppers choose products that derive at least 95 percent of their agricultural ingredients from farms in the United States.

Key Points: 
  • Anheuser-Busch is a proud supporter of American farmers, including rice farmers in California whom the brewer purchases over $8 million in rice from each year.
  • The U.S. Farmed seal will first appear on Anheuser-Busch's Busch Light this May, and Budweiser, Bud Light and Michelob ULTRA have also obtained U.S. Farmed certification.
  • "We're excited to see American Farmland Trust partner with Anheuser-Busch to introduce the first-ever U.S. Farmed certification and support U.S. grown goods, including California," said Ethan Driver, California farmer at Driver Family Farms.
  • For more information on the U.S. Farmed certification and seal, including resources for American Farmers and product certification, please visit http://www.farmland.org/usfarmed .