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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

Post by Sledd66on Mar 16, 2020 9:45am
105 Views
Post# 30812028

Coronavirus

Coronavirus
sales will definitely be down big time during this worldwide shutdown and isolation. Yes people will still vape but business will not be humming. Expect large impact to Q1 and Q2 this year. That is the reality. But lets put a positive spin on this for a moment. Our current market cap is pretty much equal to a single quarter of revenue now, very very cheap. The drop in sales will be a global thing that absolutely every company experiences equally with a very valid reason. It is not a fundamental issue with any single company out there right now and we all need to understand this. The market will come back to life eventually and trading at 0.25x evaluation will be huge upside when it does. Don't panic, tilt is one of the best positions out there. Hang tight everyone, were all in this together. When the peak of this epidemic passes and Society comes back to normal, things will slingshot. This will not last forever, its not an apocalypse like people are acting.
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