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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 Audi2020on Jun 23, 2020 7:26pm
304 Views
Post# 31183514

What I liked from call - 454 mill shares includes warrants

What I liked from call - 454 mill shares includes warrantsSome things from conference call I liked.
- New CFO from TILT discussed Gross margin from increase 20% to 27.7% . This is just as important as
the growing revenue and they will continue on this lean model to get value.
- Very excited about Cannabis 2.0 in Canada - have gained customers and talking to new customers
- Smoore - IPO and Jupiter relationship - never been stronger. Their success - is our success.
- Strong IP portfolio - defending current IP and future.
- All projects funded - no large capital expenditures - can focus on internal cash generation.
- News Coming: Second half of year activation of fully funded 50,000 square feet Taunton cultivation and production. Taunton - Brockton and Cambridge retail licenses.
- Business is stabilized, profitable and in a huge growth industry.

Current Common shares is 319 million.

Common Shares 319,044,877
Options 12,276,464
Warrants 76,414,491
Restricted Stock Units 5,549,246
LP Units 44,121,795
Total Fully Diluted Common Shares 457,406,873
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