One of the biggest names in craft beer is hopping over to the cannabis business - News Summed Up

One of the biggest names in craft beer is hopping over to the cannabis business


San Francisco (CNN Business) Nearly 20 years ago, a batch of hand-canned beers started a seismic shift in the craft beer industry. Now the man behind that endeavor is turning his attention to hand-cultivated cannabis. Dale Katechis, whose eponymous and popular Dale's Pale Ale revolutionized canned beers, has invested in and taken an active leadership role at Veritas Fine Cannabis, a boutique wholesaler specializing in cultivating and selling premium cannabis. The two sectors have drawn frequent comparisons to each other for their grassroots growth, consumer base, competitive pressures and heavily regulated nature. Katechis' move signals a further intermingling of beer and cannabis The two sectors have drawn frequent comparisons to each other for their grassroots growth, consumer base, competitive pressures and heavily regulated nature.


Source: CNN July 15, 2021 14:03 UTC



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