# Tilray Closes 4 Breweries to Save $20M

> Tilray cuts U.S. breweries to save $20m by 2028, shifting focus to nonalcoholic drinks.
- Title: Tilray Closes 4 Breweries to Save $20M · Inc | Shortify
- Summary: Tilray cuts U.S. breweries to save $20m by 2028, shifting focus to nonalcoholic drinks. Tilray is closing four U.S. breweries to save $20 million by fiscal…
- Keywords: tilray, breweries, craft beer, fiscal 2028, nonalcoholic beverages, energy drinks, carlsberg, Inc
- Source: Inc — https://inc.com/kevin-haynes/tilray-closing-4-breweries-save-20-million-dollars-next-growth-bet-isnt-craft-beer/91430420
- Read time: 1 min
- Topics: tilray, breweries, craft beer, us, fiscal 2028, nonalcoholic beverages, energy drinks, carlsberg
## Tilray Restructuring U.S. Beverage Business
Tilray is closing four of its ten U.S. breweries to save $20 million by fiscal 2028.
## Breweries Closed and Products Cut
Tilray shut down Hop Valley in Oregon, Redhook BrewLab in Seattle, and Revolver in Texas, cutting 28 percent of its beverage products.
## Leadership Statement
CEO Irwin D. Simon said Tilray simplified U.S. beverage operations by reducing brewing footprint and optimizing brand portfolio.
## Brewery Transfers and Brand Sales
Tilray moved Terrapin’s Georgia brewing to other facilities and sold Atwater Brewery to Mark Rieth in June.
## New Partnership with Carlsberg
Tilray will launch a U.S. production partnership with Carlsberg Group on January 1, 2027, adding one million cases annually.
## Product Shift Strategy
Tilray is shifting focus from craft beer to nonalcoholic beverages and energy drinks for faster growth.
## Financial Impact
The restructuring saves $20 million by fiscal 2028, cutting distributor network by 9 percent and products by 28 percent.
## Next Steps
Tilray will market Carlsberg brands including pilsner, pale bock lager, and wheat beer through its new partnership.
## Key takeaway

Tilray is closing four U.S. breweries to save $20 million by fiscal 2028 and pivoting to nonalcoholic beverages and energy drinks.