Merger Mania isn’t just about craft-on-craft acquisitions; it has included all sectors of the craft beverage industry pairing up to seek greater efficiencies. That now includes the cannabis industry as Bayou City Hemp Company announced that it has purchased 8th Wonder Brewery and Distillery.
The two Texas companies collaborated a couple of years ago when 8th Wonder and Bayou City Hemp created Wonder Water, a non-alcoholic CBD beverage that became the top-selling to-go product at 8th Wonder.
Founded in 2011, 8th Wonder Brewery evolved by expanding into spirts with a distillery and cannabis with a dispensary. Bayou City Hemp Company opened in 2019. It produces edibles, vapes, additives, and seltzers that aim to meet the growing consumer demand for cannabis-based products.
Going forward, Bayou will be able to utilize 8th Wonder’s existing distribution network. The company also plans to upgrade the 8th Wonder brewery, taproom, distillery, and beer garden to match the brand’s new look.
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