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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 drbob512on Apr 29, 2020 10:16am
130 Views
Post# 30965907

Short term pain for

Short term pain forlong term gain, as a result of Tilt's decision to delay annual report in order to rept 1st qtr 2020 in conjinction with annual. We assume 4th qtr was a bit weak due to vape crisis affecting 1-2 mos. of that qtr while 1st qtr is likely to be much better. As expected, sellers used this delay as an excuse to unload or to sell short, cuz any delay of reporting is seen by the street as a negative event cuz it may imply bad financials or slow accounting processes, but we think it doesnt mean that at all, or at least we hope it doesnt. Tilt is trading at approx EV/Sales of 1/3 or 1/2, if we use a run rate of $140-160M annual revenues and O/S of 320-360M shares and TLLTF SP of 20 cts. Today's dump of low 20's & possible price of low teens coming up in next 1-2 wks may be great for bargain hunters. Jmho dyodd
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