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TILT Holdings Inc N.TILT

Alternate Symbol(s):  TLLTF

TILT Holdings Inc. (TILT) is a Canada-based company. The Company is a business solution provider to the global cannabis industry, offering a diverse range of value-added products and services to industry participants. The Company operates through four segments: Cannabis, Accessories, Corporate, and Other. It provides technology, hardware, cultivation, production, and distribution, TILT services brands and cannabis retailers in regulated markets across 40 states in the United States, as well as Canada, Israel, Mexico, South America, and the European Union. The Company operates through two business divisions: Inhalation Technology and Cannabis. The Inhalation Technology division encompasses the business of Jupiter Research, LLC which participant in the cannabis vape and accessory product market. The Cannabis division supports third-party cannabis clients through turn-key retail, distribution, cultivation and manufacturing offerings.


NEO:TILT - Post by User

Bullboard Posts
Post by Audi2020on Aug 29, 2019 12:57am
85 Views
Post# 30077870

Creating the infrastructure for growth

Creating the infrastructure for growth

Now that TILT  has successfully executed on their plan to manage costs and show positive EBITDA, they are no in a position to focus on growth.  Great days ahead!

Sure. Yeah, we absolute see growth in the second half. We’ve seen tremendous second half growth in Jupiter historically. I think a big one for us is really Massachusetts with Tim's leadership and focused efforts, as well as the number of dispensers in Massachusetts continuing to increase the mass. This is giving us a really, really positive runway for the second half of the year and this is before even get to adult-use and recreational store openings, which is another positive.

So you know we talked about that doubling of capacity in Pennsylvania which is going to be a big thing. Not to mention 20% month over month growth in SNS and the last thing I’d highlight is we mentioned a few times in the call. July revenue was 15, so we're off to a really good start as we think about the second half of the year for TILT.

Mark Scatterday

However, the focus this quarter was on stabilization and drive towards profitability, cutting costs not necessarily to drive top line growth.


Bullboard Posts