Brewdog could mount $1bn resurgence, new owner says Hospitality The new owner of Brewdog has said the craft beer brand can be worth $1bn, as the firm tries to “rebuild” the brand to its former glory. Tilray, a US-based cannabis and alcohol products firm, said it plans to pile significant investment into Brewdog to make it profitable next year and propel it towards a [...]
Brewdog: Co-founder James Watt ‘terminated’ as director Hospitality Brewdog co-founder James Watt has been “terminated” as director of the craft beer firm after its sale to a US cannabis giant. Watt established the brewing company with schoolmate Martin Dickie in 2006 but resigned as a company director on 24 March, according to Companies House filings. Brewdog kickstarted the UK’s craft beer craze but [...]
Brewdog US bars snapped up by beer firm’s UK buyer Hospitality The US cannabis firm which bought craft beer giant Brewdog’s UK arm has agreed to buy some of its American bars and brewing facilities. Tilray Brands, a pharma firm which sells cannabis and alcoholic lifestyle products, struck the deal for a string of Brewdog’s US operations after sealing a £33m deal for the beer firm’s [...]
Brewdog: James Watt ‘heartbroken’ as craft beer firm sold March 4, 2026 Brewdog co-founder James Watt has said he is “heartbroken” after the craft beer titan’s sale cost nearly 500 jobs and left thousands of “punk equity” investors empty-handed. Watt, who co-founded the firm with his school friend Martin Dickie in 2007, said the past week “has been incredibly hard” and described the sale to US cannabis [...]
Brewdog sale: what next for the craft beer giant? March 3, 2026 Brewdog’s bars sat empty on Monday, lights off and beer taps dry, as weeks of frenzied anticipation over the sale of the craft beer titan built to a head. It quickly became clear on Monday afternoon that many of those bars would never see another punter walk through their doors. For the venues lucky enough [...]
Brewdog bought by US cannabis giant in £33m deal March 2, 2026 Craft beer giant Brewdog has been sold to American cannabis and brewing group Tilray Brands for £33m after co-founder James Watt reportedly walked away from a comeback deal. Tilray Brands, a pharma firm which sells cannabis and alcoholic lifestyle products, has agreed a deal to acquire most of the brand’s assets. The announcement of a [...]
One pub to close every day in 2025, new data reveals July 10, 2025 Small pubs are being forced to close in the face of unsustainable costs pressures, according to new data. The British Beer and Pub Association (BBPA) has estimated that 378 pubs will close this year across England, Wales and Scotland, amounting to more than 5,600 job losses. The industry body pointed to the heavy pressure of [...]
Sir Tim Martin: Wetherspoon boss on Brexit, his successor and how he lost £100m July 16, 2024 Wetherspoon boss Sir Tim Martin reveals the toll being a prominent Brexit campaigner had on him, succession plans and how he once lost £100m.
Greene King: Profit halves at pub giant before Euros despite extra Bank Holiday June 11, 2024 The cost of living crisis and no major international football tournament being staged in 2023 led to profit being slashed in half at pub giant Greene King, it has been revealed.
Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector March 18, 2024 According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.