Bud Light is doubling down and sponsoring Pride parades across the country.
News of the endorsements comes as Anheuser-Busch InBev’s market value has collapsed by $15.7 billion since Bud Light’s partnership with activist and transgender influencer Dylan Mulvaney was announced.
According to a Daily Wire report, Bud Light is listed as a sponsor of Pride parades in Cincinnati and Columbus, Ohio, as well as in St. Louis, Missouri.
The report states that “in St. Louis, Missouri, where Anheuser-Busch is headquartered, the company is listed as the title sponsor of the St. Louis Pride Parade. A sponsorship packet explains that there are only four ‘presenting sponsor’ slots available. The ‘Rainbow’ sponsorship level, located below the ‘presenting sponsor’ level, requires entities to pay $25,000.”
“In Columbus, Bud Light is listed as a ‘Diamond Sponsor’ for the city’s upcoming pride parade,” the report added. “According to a document from Stonewall Columbus, which ‘organizes and hosts’ the ‘annual’ event, businesses must donate $20,000 to the organization to become ‘Diamond’ sponsors.”
Other Anheuser-Busch products, including Corona, sponsor other Pride events, including the Los Angeles Pride Parade.
Meanwhile, Anheuser-Busch’s market value has collapsed under a conservative boycott.
Investor’s Business Daily determined a staggering $15.7 billion using data from S&P Global Market Intelligence.
“The market value of Anheuser-Busch InBev, whose fourth-best-selling brand is Bud Light, has fallen $15.7 billion since April 1, according to a conversion to US dollars by Investor’s Business Daily using data from S&P Global Market Intelligence.” , reports Investor’s Business Daily. “That was the day that Dylan Mulvaney, a TikTok influencer and transgender woman, introduced the Bud Light brand during the NCAA March Madness tournament.”
The report added: “Meanwhile, the other major global publicly traded beer brands have added $3.2 billion in market value during the same time.”
Mulvaney, an adult biological male, has become controversial for his “Days of Girlhood” series on TikTok and his meeting with President Joe Biden on “Day 222 of Being a Girl” to advocate allowing minors to transition.
The activist-influencer then said: “I am ready to step up and show that trans people are not going anywhere and that trans children deserve a fighting chance to be themselves.”
After Bud Light presented Mulvaney with a commemorative can to celebrate a year of “boyhood,” Tories immediately began a boycott, one that is shaping up to be one of the most influential political boycotts of all time.
