Bud Light is brewed for friends, football, and Packers fans.
Packers fans do not drink Bud Light.
Or perhaps it is a slam against the Packers fans, since the inclusion of Packers fans in the list might indicate that the copywriter thought that that particular class was not included in friends or football.
But you really cannot get more insulting than showing me a Bud Light ad anyway, particularly the offshoots of the “Dilly, dilly” nonsense where it’s brewed for the many, not the discriminating few. Some ad agency needs to be fired over that.