Tilray Inc (NASDAQ: TLRY) – SweetWater Brewing Company, LLC announced that the company is expected to open a new restaurant in Colorado, a full-service brewery, production facility, and taproom. Thereby allowing SweetWater to move ahead with the significant expansion plant across the United States and into the West Coast.
Expansion Plan: The company plans to open a new full-service restaurant in Colorado and move ahead with its expansion plan to mark its presence across the U.S (United States) and into the West Coast. The opening of a new brewery embarks a key milestone in making SweetWater’s tasty brews and 420 spirits available across the state of Colorado. It will also enable the company to propel one of the largest craft breweries into the backyards, fishing boats, and coolers of the Western U.S. In addition to the availability of SweetWater beverages in Colorado, the company has also announced the opening of the SweetWater Mountain Taphouse in Concourse B at the Denver International Airport. The restaurant will be open in partnership with Concessions International, LLC. The restaurant’s opening at the Denver Airport will be SweetWater’s second airport bar located in the U.S.
Full service to the travelers: As per the company, the full-service restaurant is expected to provide travelers with a unique experience. The restaurant will have a space to relax and some delicious grub, a perfect pre-flight brew for travelers until they reach the next destination. As per the company, the Denver International Airport is not merely a location but also helps the company grow its brand and reach the maximum beer drinkers throughout the West Coast.
The industry believes that opening a restaurant cum bar at the airport location supports SweetWater’s investment horizon. The company can also focus on brand visibility in the state. The company will continue monitoring or examining various locations, further spread its wings and provide a full-service restaurant to the brink drinkers across the state.