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TILT Holdings Inc. (TLLTF)

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Last Post: 7/28/2021 3:35:43 AM - Followers: 54 - Board type: Free - Posts Today: 0



Outstanding Shares  324,753,294  05/10/2021 OTC Markets
TILT Holdings to Report First Quarter Results on Tuesday, May 25, 2021

Company Overview

TILT Holdings Inc. (“TILT”) is a vertically-integrated technology and infrastructure cannabis company. The TILT vision is to provide value to all cannabis retailers through software, infrastructure, access to capital, and more. 

The cannabis industry still faces numerous challenges that are impeding the ability of businesses to effectively deliver products and services to a large and growing demand base.

TILT offers comprehensive operations and software solutions at each touchpoint in the supply chain, from vertically-integrated operations to cutting-edge genetics and business technology solutions. Serving more than a third of dispensaries across the US and Canada, TILT helps dispensary owners better serve their patients and customers by providing them the tools to  communicate, operate, and scale with a greater degree of efficiency. 

Well-positioned to support the rapid growth and demands across the industry, TILT intends to broaden its capabilities through a pipeline of infrastructure expansions, acquisitions and partnerships with the goal of delivering the highest quality products and services where laws permit.

Latest News!

TILT Holdings Provides Preliminary Fourth Quarter Results, Operational Highlights and 2021 Outlook

BY GlobeNewswire
6:30 AM ET 02/17/2021

Jupiter Q4 2020 revenues return to pre-COVID levels

Standard Farms extraction capacity increased by 100% during Q4 2020

CAC lab and kitchen production capacity increased by 100% during Q4 2020

PHOENIX, Feb. 17, 2021 (GLOBE NEWSWIRE) -- TILT Holdings Inc. ( TLLTF ) (“TILT” or the “Company”) (CSE: TILT), a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development, distribution and retail, announced preliminary financial results and operational highlights for the fourth quarter ended December 31, 2020 (“Q4 2020”) and full-year outlook for 2021. All financial information is unaudited and provided in U.S. dollars except where otherwise indicated.

Projected Preliminary Financial Highlights:

Q4 2020 revenue is projected to be between $42.2 million and $43.2 million, compared to Q3 2020 revenue of $40.4 million

Q4 2020 Adjusted EBITDA is projected to be between $2.6 million and $3.6 million, compared to Q3 2020 Adjusted EBITDA of $2.8 million

Pro-forma Q4 2020 revenue excluding the Company’s former subsidiary, Blackbird, is projected to be between $41.3 million and $42.3 million, compared to Q3 2020 pro-forma revenue of $39.1 million

Pro-forma Q4 2020 Adjusted EBITDA excluding the Company’s former subsidiary, Blackbird, is projected to be between $4.6 million and $5.6 million, compared to Q3 2020 pro-forma Adjusted EBITDA of $5.4 million

$7.4 million cash balance as of Dec. 31, 2020, compared to $4.3 million at Sept. 30, 2020

Fourth Quarter 2020 Operational Highlights:

Jupiter Research LLC’s (“Jupiter”) power supply revenue doubled from Q3 2020 to Q4 2020; revenues during the quarter reached pre-COVID levels
Commonwealth Alternative Care, Inc.’s (“CAC”) lab and kitchen production capacity increased 100% during the quarter; cultivation expansion approved October 2020 planted during Q4 2020 and expected to yield first harvest in March 2021

Standard Farms, LLC (“Standard Farms”) doubled extraction processing capacity during the quarter; introduced six new manufactured product offerings

Full Year 2021 Outlook:

2021 strategic initiatives fully funded; outlook not expected to require significant CAPEX or M&A.

Revenue range of $205 million to $210 million

Adjusted EBITDA range of $30 million to $32 million

Management Commentary:

“2020 was a transformative year for TILT, as the Company reimagined what an MSO could look like,” said Gary Santo, president of TILT. “We finished the year with a strong fourth quarter that saw continued improvement in harvest yields and production efficiencies at our plant-touching assets, and a return to pre-COVID revenue levels in our inhalation business. The added flexibility created by the divestiture of Blackbird during the quarter has positioned TILT to enter 2021 with additional resources and improved cash flow from operations that can be reinvested in core growth initiatives, such as research and development, expanding cultivation and contract manufacturing and wholesale operations.”

Mr. Santo added, “January has seen Jupiter ship over five million cartridges, a new Company record, and based upon our solid performance in the fourth quarter and a strong start to the new year, we are pleased to release full-year 2021 revenue guidance of $205 million to $210 million and full-year 2021 adjusted EBITDA guidance of $30 million to $32 million. We look forward to delivering value to our shareholders through improved messaging and relentless execution of our strategic vision.”



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TLLTF News: TILT Holdings secures new $10M revolving credit facility 07/23/2021 07:17:47 AM
TLLTF News: TILT strikes agreement with Massachusetts Cannabis Control Commission 06/18/2021 07:41:00 AM
TLLTF News: TILT Holdings beats on revenue 05/25/2021 04:22:52 PM
TLLTF News: Tilt Holdings announces contract to manufacture, distribute Airo Brands 05/24/2021 09:23:25 AM
TLLTF News: TILT Holdings beats on revenue 04/15/2021 06:49:40 AM
#792   0.40 to 0.42 JohnCM 07/28/21 03:35:43 AM
#791   Judging from the share price reaction, it doesn't cardvic 07/28/21 02:16:18 AM
#790   TILT Holdings Enters Into New $10 Million Revolving JohnCM 07/27/21 07:16:58 PM
#789   https://www.globenewswire.com/news-release/2021/07/23/2267939/0/en/TILT-Holdings cardvic 07/25/21 04:16:56 AM
#788   A few months ago I would have cut GoSing 07/21/21 09:22:59 PM
#787   Once again the MJ sector got HAMMERED. This JohnCM 07/21/21 02:42:25 PM
#786   Looks good to me too. I’ve maintained bytheocean 07/21/21 02:09:55 PM
#785   For a $0.42 stock, all of the numbers JohnCM 07/20/21 08:54:31 PM
#784   Noticed the price today. Several gaps above StockItOut 07/20/21 08:21:41 PM
#783   $0.416 LOD JohnCM 07/20/21 05:27:51 PM
#782   A potential summer catalyst..."tomorrow"...need to see what's in greenwillow 07/13/21 09:03:07 AM
#781   COMPARISON 1933 INDUSTRIES VS TILT HOLDINGS olivernoyes 07/06/21 06:34:09 PM
#780   COMPARISON 1933 INDUSTRIES VS TILT HOLDINGS JohnCM 07/04/21 03:22:29 PM
#779   Pmp, pmp, pmp? lolzzzzzzzz SurgeGuy2.0 07/04/21 02:37:25 PM
#778   I don't consider you a pumper. StockItOut 06/30/21 07:08:42 PM
#777   So all your TILT promotion and comparison was JohnCM 06/30/21 07:00:19 PM
#776   MJ rising trendline not broken. We'll see how StockItOut 06/30/21 06:45:46 PM
#775   https://www.stockscores.com/chart.asp?TickerSymbol=MJ&TimeRange=30&Interval JohnCM 06/30/21 06:44:20 PM
#774   Seems an appropriate move after TLLTF tried to JohnCM 06/30/21 06:43:42 PM
#773   So promotion and comparison is just working it JohnCM 06/30/21 06:42:49 PM
#772   TILT WILL pay off. JohnCM 06/30/21 06:41:44 PM
#771   So all your TILT promotion and comparison was StockItOut 06/30/21 06:41:08 PM
#770   Thanks! That's why I took profits a while StockItOut 06/30/21 06:39:05 PM
#769   I only sold about 35%/40% of my TILT greenwillow 06/30/21 06:28:32 PM
#768   Smart move with this SCAM!!!! lolzzzzzzzz SurgeGuy2.0 06/30/21 06:23:42 PM
#767   All 55,000 shares. JohnCM 06/30/21 06:00:08 PM
#766   Wow, after all that, and so recently, you're out. StockItOut 06/30/21 05:55:13 PM
#765   sell in May, buy back in August. The Etailer 06/30/21 05:54:48 PM
#764   I held for about 9 months. Last fall JohnCM 06/30/21 01:56:12 PM
#763   "That assumes that every single stock in this greenwillow 06/30/21 01:50:31 PM
#762   That assumes that every single stock in this JohnCM 06/30/21 01:32:13 PM
#761   Not for "no apparent reason"... The seasonal trend is greenwillow 06/30/21 12:33:33 PM
#760   Yes! But the stock sucks. For no apparent JohnCM 06/30/21 10:51:14 AM
#759   I'll take a solid business plan with a GoSing 06/30/21 10:48:52 AM
#758   I think Gary is working towards that direction. greenwillow 06/30/21 10:23:05 AM
#757   Need more company investor PR visability. JohnCM 06/30/21 10:16:15 AM
#756   Tilt presents in 20 min today...1030AM EST. greenwillow 06/30/21 10:12:08 AM
#755   Green is always good! keeps the cash going Etailer 06/29/21 09:26:11 PM
#754   Well at least your into some green. GL GE_Jim 06/29/21 06:49:32 PM
#753   I amassed a large holding. Almost 60,000 shares. JohnCM 06/29/21 06:29:38 PM
#752   Gee that's too bad, think I'll hang with GE_Jim 06/29/21 06:13:41 PM
#751   I traded my TILT shares for SHIBA INU. JohnCM 06/29/21 05:54:47 PM
#750   This sums up the Cannabis sector. JohnCM 06/29/21 03:47:14 AM
#749   I am holding $17,000 here. JohnCM 06/29/21 03:46:04 AM
#748   Dang, you're not losing the faith already, are cardvic 06/29/21 02:26:50 AM
#747   TILT Holdings looks good on paper but the JohnCM 06/28/21 08:02:13 PM
#746   I'm not sure, I kicked it a few Etailer 06/28/21 04:30:25 PM
#744   If Ianthus is still alive, I could do JohnCM 06/26/21 09:34:12 PM
#743   I guess it could, same deal with Ianthus. Etailer 06/26/21 07:48:02 PM
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