Join today and have your say! It’s FREE!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}

Join today with :


By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Sign in with existing account
Please Try Again
{{ error }}

Sign In With :


Password Hint : {{passwordHint}}
Forgot Password?
Please Try Again {{ error }}

Send my password

An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

BIG One-Month Return from Cannabis Top Revenue Producer

Dave Jackson Dave Jackson, Stockhouse
0 Comments| February 14, 2019

Recent results now establish TILT Holdings Inc. as one of the top revenue-producing and fastest growing companies in the cannabis industry.

One of the world’s largest and fastest growing vertically-integrated cannabis companies continues its strong upward momentum with the announcement of its January 2019 preliminary revenue numbers.

And for value and opportunity investors in the cannabis space, these are big numbers. Very big numbers.

On February 14, 2019, TILT Holdings Inc. (C.TILT, Forum) announced preliminary, unaudited pro forma revenue of US$18.3 million for the single month of January 2019. These eye-popping results compare favorably to the Company’s already outstanding performance of US$97.3 million annual revenue for 2018.

The recent financial results clearly establish the Company as one of the top revenue-producing, U.S.-based cannabis companies in the world.

And all of the current analytical metrics point to this stock being extremely undervalued.

(Click image to enlarge)

Alex Coleman, Chairman and CEO of TILT, commented on the Company’s recent listing on the CSE, strategic initiatives, and its fast-paced mergers & acquisitions:

“Following TILT’s IPO on the Canadian Securities Exchange in early December 2018, we have been able to acquire and integrate numerous market leading cannabis companies. Through these initiatives, TILT has emerged as the leading and most comprehensive B2B cannabis company in the market. We manufacture customized cannabis products and devices for our business customers while also providing them with a route to market and software and services, all helping them realize operating efficiencies and sales growth. The Company is uniquely focused on investing in the research and development necessary to deliver leading-edge products and services to one of the fastest growing industries in the world. We are very confident in our ability to continue to capitalize on our unique value proposition we bring to the market.”

Click to enlarge
Alexander Coleman
Chief Executive Officer and Co-Chairman TILT Holdings Inc.

According to a company press release dated February 14, 2019, TILT’s historical results do not reflect any material sales from cannabis products. The Company expects to have comprehensive vertical operations in 7 U.S. states, Canada, and Southern Europe by the end of the first quarter 2019. Massachusetts, TILT’s first cannabis market and the location of its corporate headquarters, is in the process of converting previously not-for-profit medical licenses to for profit adult-use licenses.

The Company anticipates further revenue growth throughout the year as adult-use sales in Massachusetts come online, from its general asset expansion in other states, and the ongoing integration of software products and services…all realizing value from every stage of the cannabis supply chain. In markets where TILT has manufacturing assets it also realizes revenue from contract manufacturing.

(Click image to enlarge)

The Company’s annual audited financials will be available prior to April 30, 2019 and consolidated financials for the first quarter, including the acquisitions discussed above, will be available prior to May 31, 2019.

With business operations and sales in 40 US states, Canada, and Europe, TILT provides products and services that enable businesses to operate more efficiently and connect with the consumer more effectively. Revenue is generated from the sale of a wide variety of cannabis products and packaged goods, inhalation devices, delivery to businesses and consumers, plus a broad suite of licensed software.

Since its CSE listing on December 6, 2018, TILT has set a focussed, aggressive, and full steam ahead M&A course, including the acquisition of Blackbird Holdings Corp. on January 16, 2019, the closing of its Jupiter Research deal two days earlier, and its strategic private placement equity financing from Weston Capital on December 17, 2018.

And less than three weeks ago, TILT announced the closing of its Standard Farms deal – a US$40 million major acquisition that expanded the Company’s infrastructure platform, providing access to 13 million additional potential customers and bringing its total addressable market to over 100 million people.

(Click image to enlarge)

TILT has also engaged in a progressive and innovative Inclusion Program that reinforces its commitment to diversity through the support of the non-profit Herbology Group. Through the program, the Company will support minorities and US military veterans with capital and resources in legalized cannabis markets while empowering Herbology’s team – comprised of three female veterans – to become leaders in the cannabis space.

(Click image to enlarge)

About TILT Holdings Inc.

TILT Holdings is a vertically-integrated technology and infrastructure cannabis company focused on the research, development, manufacturing, and sale of a broad range of industry products and services for patients, recreational consumers, and businesses.

TILT maintains two primary divisions – Technology for software and services and Infrastructure for cannabis products and devices. Revenue is realized from the sale of flower, concentrates, oils, consumables and topicals, vaporizer and inhalation devices, delivery and inventory management services and licensed software. All of the Company’s products are supported by an extensive research process led by scientists and engineers, using data analytics and discovery to produce new products helping shape the industry.

According to the Company, it “strives to provide the most cost effective, value-added and innovative products across their entire customer base.”

FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.

Interested in these industries and sectors?

Receive investor kits and email updates from Stockhouse and directly from these companies.

Metals & Mining

Interested in these industries and sectors?

You are already a member! Please enter your password to sign in.


No comments yet. Be first to comment!

Leave a Comment

You must be logged in to access this feature.


Get our FREE StockTalk Investor Guides by sector as they are released!

Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email.

You are already a member! Please enter your password to sign in.