Aug 13 (Reuters) - Tilray Brands ( TLRY ) would buy four

craft breweries from beer maker Molson Coors ( TAP/A ) in a bid to

expand business beyond its range of cannabis products, the

company said on Tuesday .

The pot producer would acquire Hop Valley Brewing Company,

Terrapin Beer Co, Revolver Brewing and Atwater Brewery and

expand its portfolio, adding 30% new beer-buying customers.

The company has acquired several spirits and beverages

makers over the past year to boost its crafts beer portfolio,

amid weakness in the cannabis business.

Tilray did not immediately respond to a Reuters' request for

comment on the deal's financial details.

Last year, the company had bought eight beer and beverage

brands from Anheuser-Busch InBev for $85 million in

cash.

Shares of Tilray Brands ( TLRY ) rose and Molson Coors ( TAP/A ) were up 5% and

1.9%, respectively, in the afternoon trade.