Tilray Acquires BrewDog Assets for £33M, 38 Bars Close

Tilray Brands Inc., a U.S.-based company specializing in cannabis and beverages, has acquired key assets from the British craft beer firm BrewDog in a deal valued at approximately 33 million pounds. The transaction, announced on March 2, 2026, includes the global BrewDog brand and intellectual property, the company's U.K. brewing operations, and 11 of its pubs across the U.K. and Ireland. However, the agreement has led to the immediate closure of 38 BrewDog bars, resulting in 484 redundancies.

Administrators overseeing BrewDog's restructuring process confirmed the closures, which affect locations throughout England, Scotland, Wales, and other areas. The shuttered sites include bars in cities such as London, Manchester, Bristol, and Glasgow, among others. In Manchester alone, two venues—the BrewDog DogHouse hotel and restaurant on Fountain Street and the Outpost on Oxford Road—will close, ending operations that began in 2019 and 2021, respectively. The retained pubs, now under Tilray's control, encompass sites in Birmingham, several London neighborhoods like Canary Wharf and Paddington, Manchester's Peter Street, Edinburgh, and Dublin.

The deal preserves 733 jobs in the U.K.,...