TILT flush with cash to support acquisitions and growth For those that like news within the last few weeks and not six months ago.
Looking forward to Q2 numbers - already top 5 revenue producing Cannabis company.
TILT is now flush with cash and will be cash flow positive in 2019 to support future growth.
Using the minimum $50 million positions TILT to reach potential profitability and become cash flow positive. Having access to $125 million enables TILT to take advantage of both organic and acquisition-based growth opportunities that will enable TILT to solidify its position as a top revenue generating company in the sector. We look forward to sharing more about our comprehensive plan that is underway, recent management upgrades, and Q2 results in August.
Subsidiary Blackbird Logistics Corporation (“Blackbird”) has delivered cannabis products to every licensed cannabis dispensary in California and Nevada, totaling more than 600 retail locations. The announcement marks Blackbird’s growth into the region’s top distributor of its type.
Massachusetts, leading to the operation’s best-ever month last month and a revision to its target goal that is three times the operation’s prior target. Over the next 100 days, Mr. Conder plans to push for increased profitability through refined budgets broken down by division and business unit, as well as further develop TILT’s ongoing regulatory dialogue.
Capitalizing on Jupiter’s leadership position, Jupiter will expedite its expansion throughout the United States and global markets by multiplying the sales force and distribution hubs. In addition, resources will be invested to accelerate Jupiter’s new exclusive product introductions and supporting the new product development/fundamental research center and laboratory
Continue wholesale distribution efforts throughout Massachusetts and position for retail openings in Brockton and Cambridge