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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

Comment by litewate1on Aug 25, 2020 4:40pm
169 Views
Post# 31452319

RE:39 millions. Revenues decreased. Ouch

RE:39 millions. Revenues decreased. OuchYa, I was dissapointed as well. Not sure how the lead MSO's post 15 - 25% gains in revenue and TILT that is supposed to benefit from additional sales actually decreases in the Jupiter division.  If there is a silver lining, they maintained a positive EBITDA, added a couple of million to the bank account and increased operating cash flow. Will prob see a sell off tomorrow, is my guess.
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