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TILT Holdings Inc (TLLTF) delivers integrated cannabis solutions through technology, cultivation, and brand development. This page provides official updates and analysis for stakeholders tracking the company’s progress in medical and retail markets.
Access real-time announcements on product launches, financial results, and strategic initiatives. Our curated collection includes press releases about Jupiter Research vaporization hardware, cultivation expansions, and partnerships like those with LEVEL and Flower by Edie Parker.
Investors will find essential updates on operational milestones across 40 U.S. states and international markets. Analysts can monitor TILT’s research-driven approach to cannabis technology and supply chain innovations. All content is vetted for accuracy and relevance.
Bookmark this page for streamlined access to TILT’s evolving role in shaping cannabis infrastructure. Check back regularly for authoritative reporting on regulatory developments, market expansions, and hardware advancements.
TILT Holdings Inc. will host a conference call on May 16, 2022, at 5:00 p.m. Eastern Time to discuss its Q1 2022 financial results. The call will provide an opportunity for management to present the results followed by a question-and-answer session. Interested participants are encouraged to dial in 10 minutes early. The earnings report will precede the call, which will also be available for replay on TILT's investor relations website. TILT operates in the cannabis sector, offering solutions across various markets.
TILT Holdings has filed a Registration Statement on Form 10 with the SEC to register its common shares under the Exchange Act. This filing aims to align TILT with U.S. reporting standards, enhancing transparency for shareholders. CEO Gary Santo highlighted the importance of this step towards growth and federal legalization. Upon effectiveness, TILT will adhere to Exchange Act reporting requirements, including financial results in U.S. GAAP. The Form 10 is also available on SEC's website and SEDAR.
TILT Holdings has announced its participation in major cannabis conferences in April 2022. CEO Gary Santo will speak at the Cantor Investor Conference on April 14 and the Benzinga Cannabis Capital Conference on April 20. The company will also hold one-on-one investor meetings at these events. Additionally, Santo will appear on the MJ Stock Trader Podcast on April 4 and Benzinga’s Cannabis Insider on April 7. TILT Holdings focuses on providing cannabis business solutions across various sectors, including cultivation and retail.
TILT Holdings reported strong financial results for Q4 and FY 2021, with revenues up 28% YoY to $54.1 million and $202.7 million, respectively. Adjusted EBITDA for Q4 increased to $4.8 million, while FY 2021 adjusted EBITDA rose 33% to $22.5 million. The company expanded its operations significantly, launching new dispensaries and increasing its cultivation capacity. However, gross margins declined due to higher freight costs and customer mix. Looking ahead, TILT anticipates 2022 revenues between $255-$265 million, marking potential growth despite external market pressures.
TILT Holdings announced that its Commonwealth Alternative Care (CAC) won prestigious awards at the NECANN Canna Competition in Boston. CAC's Jilly Bean Live Resin secured first place for solvent concentrates, while its Vegan Peanut Butter Cups earned second place in the edibles category. This recognition highlights CAC's commitment to quality product creation. Notably, the Jilly Bean strain is known for its uplifting effects and unique flavor profile. This marks CAC's third win at NECANN since its inception in 2018.
TILT Holdings Inc. has appointed Lynn Ricci as the new VP of Investor Relations and Corporate Communications. With over 20 years of experience, Ricci aims to enhance TILT's leadership team as the company implements its strategy launched in 2021. Prior to TILT, she led investor relations at Trulieve Cannabis Corp. and has a strong background in the cannabis sector. CEO Gary Santo highlighted Ricci's expertise as a significant asset for TILT's vision of supporting cannabis brands across various markets.
TILT Holdings has signed an amendment to extend the closing date for its purchase option of the Taunton, Massachusetts facility. The new deadline is on or before May 31, 2022. The amendment also extends the due diligence period and the decision deadline regarding the acquisition of both Unit A and Unit B until May 15, 2022. TILT provides various cannabis business solutions, including cultivation and manufacturing, and operates across 36 states, Canada, and parts of Europe and South America.
TILT Holdings Inc. will host a conference call on March 30, 2022, at 4:30 p.m. ET to discuss its Q4 and full-year financial results for 2021. The results will be released ahead of the call. Interested participants can join by dialing the toll-free number or through a live webcast. TILT operates in cannabis solutions, including manufacturing and retail, servicing clients across 36 states and several countries. More details can be found in the investor relations section of their website.
TILT Holdings has announced a partnership with Timeless Refinery to bring the latter’s products to Ohio in Q2 2022. Timeless, a top-selling cannabis brand, specializes in high-quality vaporization products and has a strong market presence across multiple states. The partnership aims to leverage TILT's end-to-end cannabis services and enhance market expansion for Timeless. The Ohio cannabis market is forecasted to grow significantly, with projected sales reaching $1.6 billion by 2025, indicating a lucrative opportunity for both companies.
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