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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 15, 2023, at 5:00 p.m. Eastern Time to discuss its Q1 2023 financial results for the period ending March 31, 2023. The results will be disclosed in a press release prior to the call. Interested parties can join the call using the toll-free number (888) 886-7786 or the international number (416) 764-8658, with a conference ID of 19884450. The call will also be available for replay on the company's investor relations website. TILT offers cannabis business solutions across 39 U.S. states and internationally, focusing on technology, cultivation, manufacturing, and retail.
TILT Holdings Inc. announced a significant leadership change on April 21, 2023, with Tim Conder appointed as Interim CEO following Gary Santo's resignation. Conder has been with TILT since 2019, previously serving as President and COO. The Board has also appointed Mark Scatterday as a senior advisor focusing on the Jupiter inhalation business. This leadership transition aims to maintain operational continuity as TILT searches for a permanent CEO. The Board expressed confidence in Conder’s ability to guide daily operations and emphasized the company’s commitment to enhancing free cash flow and operational excellence. The company provides solutions for cannabis businesses across multiple sectors, aiming to strengthen its market position.
TILT Holdings Inc. (OTCQX: TLLTF), a global cannabis solutions provider, will participate in two upcoming conferences. CEO Gary Santo will join a panel discussion at the Benzinga Cannabis Capital Conference on April 11, 2023, discussing brand success. Santo will also conduct one-on-one meetings with investors. On April 27, 2023, Senior VP Cristina De Tomasi will speak at MJ Unpacked NYC, focusing on beneficial licensing deals. TILT operates across 39 U.S. states and internationally, providing technology, cultivation, and manufacturing solutions to cannabis brands and retailers.
TILT Holdings Inc. (OTCQX: TLLTF) reported its Q4 2022 results, highlighting a 9% increase in revenue to $44.3 million but a decline from $54.1 million year-over-year. The company's net loss surged to $73.1 million due to a $54.6 million goodwill impairment. However, cash from operations improved significantly to $8.6 million in FY 2022, up from cash used in 2021. Recent debt refinancing reduced principal outstanding debt to $46 million. TILT focused on strategic partnerships and launched innovative products, positioning itself to navigate challenges in the cannabis sector. The firm aims to maintain positive cash flow and adjusted EBITDA moving forward.
TILT Holdings Inc. has announced an amendment to increase its revolving credit facility from $10 million to $12.5 million and extend the maturity to July 21, 2024. The updated borrowing terms will now reflect an interest rate of prime plus 3%. This improvement, which secures financing through its subsidiary Jupiter Research, also includes a $6 million guaranty from TILT. Additionally, George Odden has been appointed to TILT's Board of Directors, bringing valuable M&A expertise. CEO Gary Santo emphasized the importance of enhanced liquidity and favorable terms amid market volatility.
TILT Holdings Inc. (OTCQX: TLLTF) announced a successful partnership with Coda Signature, which won "Boston's Best Edible 2023" for its "Coffee and Doughnuts" chocolate bar at the NECANN Cup. This marks a significant achievement for Coda in a competitive market, showcasing TILT's effective product launch across Massachusetts. Additionally, TILT secured third place in the baked edible category with its Millionaire Shortbread, continuing its winning streak at NECANN. These accolades highlight TILT's commitment to quality in the cannabis industry, enhancing brand recognition and market presence.
TILT Holdings will participate in two key conferences in March 2023. CEO Gary Santo will join a panel at SXSW on March 11 to discuss cannabis social equity alongside other industry leaders. Additionally, Amy Larson, SVP of Marketing & Communications, will moderate a session titled "Industry Overview and Future Market Outlook" at the CannaReg: Cannabis Regulation Summit from March 21-22. TILT continues to focus on advancing cannabis market solutions across several regions.
TILT Holdings Inc. announced an exclusive licensing agreement with Jupiter Research to distribute the patented Thredz™ stackable cartridge technology. This innovative product allows consumers to connect two cartridges for a customized vaporization experience, set to launch in Q2 2023. Senior VP of Corporate Development, Cristina De Tomasi, emphasized TILT's commitment to innovation and staying ahead in the cannabis market. Thredz cartridges will work with existing 510 cartridges, expanding TILT's product offerings across North America and internationally.
TILT Holdings Inc. will host a conference call on March 16, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2022. The call will include a question-and-answer session following the management discussion. Interested participants can join by dialing (877) 423-9813 toll-free or (201) 689-8573 internationally. TILT offers a range of cannabis business solutions, focusing on inhalation technologies, cultivation, and retail.
More information is available on the company's website.
Doobie has formed a direct-to-consumer (DTC) recreational cannabis delivery partnership with TILT Holdings' retail dispensary, Commonwealth Alternative Care, in Massachusetts. Customers in the Boston metro area can now order cannabis products via Commonwealth's website and receive home delivery. This partnership marks Doobie's third DTC alliance, following collaborations with CANN and Fernway. Commonwealth Alternative Care operates a modern facility in Taunton, producing over 30,000 packaged units monthly. Doobie aims to enhance consumer access to premium cannabis products through this initiative.
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