Tilt Hldgs Inc Stock Price, News & Analysis

TILT Holdings has partnered with Coda Signature, a leading infused chocolatier, to launch Coda's cannabis-infused products in Massachusetts in Q1 2023, followed by Ohio. This addition to TILT's brand portfolio emphasizes BIPOC and women-owned enterprises. Coda, founded in Colorado in 2016, offers premium chocolate bars and innovative cannabis products, gaining popularity for unique flavors. TILT's CEO highlighted the significance of this partnership, aiming to expand Coda’s reach and consumer base in Massachusetts through existing dispensaries.

TILT Holdings announced that its subsidiary, Jupiter Research, has signed a five-year exclusive agreement with Curaleaf International to manufacture and supply the Liquid Que™ vaporizer for use as a medical device. This partnership will expand TILT's footprint into the UK and European markets, with plans to enter additional territories including Australia and the UAE. The Liquid Que™, designed for high-viscosity cannabis extracts, is projected to be available in the UK by late 2023, pending regulatory approvals.

TILT Holdings, a global provider of cannabis solutions, will participate in two key conferences: MJBizCon and CannaVest, both held in Las Vegas from November 15-18, 2022. CEO Gary Santo will be featured in panels discussing social equity in cannabis and post-pandemic industry trends. TILT supports cannabis brands through its technology and services across the U.S. and internationally. With operations in 37 states, the company's core businesses include Jupiter Research and various cannabis operations across multiple regions.

TILT Holdings (OTCQX: TLLTF) has launched the medical marijuana brand “H” by Ricky Williams in Pennsylvania. This brand focuses on wellness for athletes and includes sativa, hybrid, and indica products designed for different times of the day. Williams aims to destigmatize marijuana use through his brand, which is already available in five states. TILT’s partnership with Standard Farms will facilitate distribution in Pennsylvania, allowing patients access to these products through local dispensaries.

TILT Holdings has signed a fourth amendment with Innovative Industrial Properties to extend the investigational period for a leaseback of its White Haven facility to December 31, 2022. This extension addresses regulatory concerns following successful testing by the Pennsylvania Department of Environmental Protection. Additionally, TILT has amended senior secured promissory notes worth $9.6 million, extending their maturity from November 1 to November 14, 2022, with an increased interest rate. The CEO expressed optimism about solidifying TILT's capital structure for long-term growth.

TILT Holdings has released its latest product, the EVO cartridge, in collaboration with CCELL and Jupiter Research. The EVO cartridge offers enhanced thermal output and consistent performance, featuring a new atomizer design with refined ceramics for improved terpene detection and vapor quality. This product reflects TILT's focus on customer desires and sustainability through an environmentally friendly manufacturing process. CEO Gary Santo highlighted the company's commitment to partnerships and competitive positioning in the market, aiming to replace traditional 510 thread cartridges.

TILT Holdings Inc. will host a conference call on November 14, 2022, at 5:00 p.m. ET to discuss its Q3 2022 financial results for the period ending September 30, 2022. The call will feature TILT management, followed by a Q&A session. Interested participants can join by dialing the provided numbers or via a webcast. TILT offers cannabis business solutions across various sectors, with operations in 37 U.S. states, Canada, Israel, and the EU.

TILT Holdings has launched Black Buddha Cannabis in Massachusetts, marking the beginning of a multi-state agreement aimed at expanding into Pennsylvania. Founded by Roz McCarthy, the brand is dedicated to social equity and wellness through its environmentally conscious product lines. The initial offerings include Blyss Flower, Blyss Chyllum, and Blyss Vape. TILT's CEO emphasized the partnership's commitment to diversity in cannabis, while McCarthy noted the brand's potential to fill market gaps. Products are expected to launch in Pennsylvania this fall.

TILT Holdings Inc. has amended its definitive agreement with Innovative Industrial Properties to extend the investigational period for the sale and leaseback of its White Haven facility until November 1, 2022. This extension aims to accommodate additional testing requested by the Pennsylvania Department of Environmental Protection. TILT has owned and operated the 40,000 square-foot facility since January 2019, focusing on cultivation and processing.