TILT Holdings Inc (TLLTF)

[Marillionaire]

Big news released today! Be sure to be among the first to see our revolutionary, rig-less dab solution--Concept LVT--at our @MJBizDaily #mjbizcon2022 booth #9415. https://t.co/sM7jsIfSCK

— Jupiter Research (@we_are_jupiter) November 15, 2022

[Marillionaire]

https://logicprevails.substack.com/p/living-on-the-edge

[GoldRu$$H]

The whole sector has been in the crapper for way too long.

[GoldRu$$H]

The whole sector has been in the crapper for way too long.

[GoSing]

How in the hell are we a dime.

[GoldRu$$H]

The MJ sector gets a little hope today. We can only hope this concept has legs.

[looking 4 a win]

Jefferies on 🇺🇸 #cannabis 🌿 pic.twitter.com/RsUtpIpOgF

— Todd Harrison (@todd_harrison) October 25, 2022

[GoSing]

Why the fuck are we at .11??????

[Marillionaire]

https://soundcloud.com/newcannabisventures/tilt-holdings-leverages-its-large-ancillary-customer-base-to-help-cannabis-brands-hit-the-market

[Marillionaire]

TILT Wins Benzinga Cannabis Award for Best Cannabis Partnership
September 13, 2022 07:30 ET | Source: TILT Holdings Inc.




...
PHOENIX, Sept. 13, 2022 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced that TILT won “Best Cannabis Partnership” at the annual Benzinga Cannabis Capital Conference held in Chicago this week. The industry accolade spotlights TILT’s partnership with the Shinnecock Nation to develop cannabis operations on sovereign land.

“TILT is a partner-centric company at its core. In early 2019, we pivoted our strategy to essentially build our business around true partnerships starting with cannabis brand deals to bring popular brands to our markets. As the industry turned its focus to brand partnerships, we were already finding immediate successes and went even deeper when thinking about how to enter new markets which brought us to the Shinnecock Nation. We approach partnerships – whether partnering with the Shinnecock Nation and Little Beach Harvest in New York or with our brand partners across Massachusetts, Pennsylvania, and Ohio – with a lens of intentionality and impact, and we actively seek out opportunities that create growth and expansion in our evolving industry,” said Gary Santo, TILT chief executive officer. “We are proud that the industry recognizes our collaboration with the Shinnecock Nation as a prime example of that partnership value. From the beginning, our work with the Shinnecock redefined business models, as well as working relationships, to build sustainable growth through cannabis. Thank you to Benzinga for recognizing our efforts.”

The Benzinga Cannabis Awards celebrate new, creative, innovative, and outstanding people, solutions, and companies in the cannabis industry.

TILT and Shinnecock broke ground on the dispensary, Little Beach Harvest, in July 2022, and are planning a Q1 2023 opening. Plans for Little Beach Harvest include a 5,000 square-feet of dispensary space and a drive-through service along the main Southampton roadway, connecting the tribe with the Hamptons community. For more information on TILT, visit www.tiltholdings.com.

[Marillionaire]

New dispensary in Harvard opening
https://finance.yahoo.com/news/tilt-holdings-receives-approval-launch-120000954.html

[cardvic]

Good posts!! Keep the info coming.

[Marillionaire]

https://cannabisinvestingnewsletter.com/community/tilt-holdings-tlltf-stock-forum/tilt-holdings-tlltf-stock-forecast-analysis/#post-3185

[Marillionaire]

One of many Tilt Partnerships
https://www.cannabisbusinesstimes.com/article/ricky-williams-education-capital-keys-to-social-equity-cannabis/

[Marillionaire]

Dispensary in Harvard Mass opening this month

Soon Cambridge... soon. Can't wait to open doors and be part of the community. In the meantime, come see us in Brockton & Taunton!
-
Please consume responsibly. For use by adults 21 years of age or older. Keep out of reach of children. Nothing for sale on IG or FB. pic.twitter.com/FNMqqfYNdY

— Commonwealth Alternative Care (@CommonwealthAlt) August 15, 2022

[Marillionaire]

While the underperformance for the quarter and persistent market headwinds are disappointing, TILT is experiencing solid early returns with its house of brands strategy on the plant touching side of the business with cannabis sales up >20% Y/Y and pricing holding steady for third party branded products in the wholesale channel despite pressure elsewhere in the business. The branded products strategy, through which TILT is bringing large independent west coast brands into Massachusetts and Pennsylvania, remains in the early stages however the initial success can be a precursor to even better results moving forward on enhanced scale of operations and deeper relationships with partner brands

We adjust our estimates to reflect results and the guidance cut however our rating and price target remain Buy and $0.50 respectively. Importantly, we note that unlike in prior years, TILT is positioned to weather further challenging market conditions following the sale lease back transactions announced this past winter and execution by management. Meanwhile on the plant touching side of the business, TILT has a major catalyst looming with its New York managed services business (operating on behalf of the Shinnecock tribe) particularly if the roll-out of traditional rec sales in the state get delayed into the latter part of 2023 or even later. TILT as a service provider to a Native Tribe will face no such regulatory delays with the company having recently broken ground on a Long Island dispensary.

Investment Highlights:
Q2 Results Hindered by Less Demand for Higher Margin Jupiter Hardware products.
2022 Guidance Cut on Macro Headwinds Including Jupiter Weakness and Challenged Wholesale Pricing.
Company Seeing Early Returns with Brand Push. Greater Benefits to Come from House Brands Strategy on Greater Scale and Enhanced Relationships.
Capitalized to Pay Off Debt and Weather Challenging Macro following Previous Sale Lease Back.
NY Remains a Unique Growth Opportunity in 2023.

[Marillionaire]

LOL , hardly anyone in cannabis hit target , Schwazze killed it , But all things considered , Tilt is growing slower then anticipated , BUT - BUT ,,,,Still Growing
https://cannabisinvestingnewsletter.com/community/tilt-holdings-tlltf-stock-forum/tilt-holdings-tlltf-stock-forecast-analysis/#post-3251

[Nocateed]

Awful q2 where’s that 55m? I see 48m?

[Marillionaire]

#3 Dispensary In Mass located in Cambridge... soon. Can't wait to open doors and be part of the community. In the meantime, come see us in Brockton & Taunton!

Soon Cambridge... soon. Can't wait to open doors and be part of the community. In the meantime, come see us in Brockton & Taunton!
-
Please consume responsibly. For use by adults 21 years of age or older. Keep out of reach of children. Nothing for sale on IG or FB. pic.twitter.com/FNMqqfYNdY

— Commonwealth Alternative Care (@CommonwealthAlt) August 15, 2022

[Marillionaire]

Although tilt Holdings generally is known for the C- cell technology Jupiter https://www.jupiterresearch.com/ there are four other companies who also have the right to distribute. I am not sure of the logistics but , but they certainly are the market leaders in the US.
CEO Gary Santo mentioned in the podcast that they have their own Laboratory and they believe they have come up with some of their own products there for not making them beholden to the current manufacturer or technology.
This separates tilt from competitors like Green Lane.
Tilt is a solid company and have shaped a unique vision , Listen to the podcast.

[Marillionaire]

Predict 57 million on Monday

What’s 55 million Q2 gonna do for @TILT_Holdings ??

What’s 60 million Q2 ??@Pennywise20183 has 57 million and he’s rarely wrong 😑

$2 by Sea #Massachusetts #PaulRevere of #Cannabis $TLLTF #Golf is calling pic.twitter.com/OhnmVtSg91

— @PlugGreenHydrogen (@wind4me) August 12, 2022

[Marillionaire]

https://open.spotify.com/episode/2Z1zMk2o7KqtiBWS1IniUr

[Marillionaire]

Another Partnership
https://1906newhighs.com/

[Marillionaire]

One of many partnerships tilt is forming , Its an Asset light approach . Maybe more than anyone else?

An afternoon of incredible people, free weed, amazing food, music and the backdrop of beautiful Cape Cod. ⁦@TILT_Holdings⁩ ⁦@CommonwealthAlt⁩ pic.twitter.com/fvp568aaYr

— Her Highness (@HerHighnessnyc) August 8, 2022

[Marillionaire]

Beacon Analyst increasingly bullish on SafeBanking
https://twitter.com/todd_harrison/status/1556615863821914115/photo/1

[Marillionaire]

The Biz model is progressing nice with The NEW Partners,
This is gonna SHOW well later on in 2022 as the 7X Yield improvement in PA standard Farms , and the NEW Grow Rooms in #Massachusetts come online
The NEW partners are scaling , Her Highness , and Ricky Williams with HIGHSMAN etc etc .The NEW Brands are selling well
OldPal is CRUSHING it ,We have many new SKUS are coming

It’s the Model , the New Grow Rooms , and the Revenues ……..all coming together
Cash will be HIGHER , Jupiter back to Growth , and Massachusetts RECREATIONAL selling well, Ohio Ramping Up , Dispensary in Long island coming soon with Shinecock Indian tribe

[Marillionaire]

https://equity.guru/2022/06/02/tilt-holdings-tilt-neo-gets-across-the-goal-line-with-highsman/

[Marillionaire]

https://www.benzinga.com/markets/cannabis/22/07/28147100/her-highness-partners-with-tilt-holdings-for-cannabis-packaging

[Marillionaire]

Santos said. “We don’t really look at our retail footprint as where we’re going to grow. We look more on the wholesale side.”

The company acts like a partner using its own stores to promote the brands of its partners while focusing on the wholesale and distribution side of the cannabis equation. Brands come over with their own brand architecture and TILT works with them to see what has to change to keep abreast of regulations. “It could be packaging, formulation, or form factor,” Santo said.

“What we do at TILT is basically give you the run of our cannabis assets. So we have facilities in Massachusetts, in Pennsylvania, in Ohio, soon-to-be in New York, where we’re able to provide the plant itself, operations, and also access to our entire sales team.”

An initial strategy used by many MSOs is to go out and buy brands. “The problem there is that it’s expensive to buy them, it’s expensive to maintain them, and you don’t always know if that brand is going to be that winning brand,” Santo explained.

[Marillionaire]

https://littlebeachharvest.com/
Check out the Architectural Rendering for the Dispensary & Wellness Lounge in the Hamptons, the partnership is with the shinecock indians

[Marillionaire]

t can’t go much lower, but it still may.
Q1 a bit disappointing, but not dissimilar to all others the outlook is still positive with the short term debt resolved
2022 guidance same as prior predictions, Gary has shown to be a good leader & CEO
I’m still bullish

[Marillionaire]

https://www.newcannabisventures.com/tilt-holdings-announces-exclusive-partnership-with-social-impact-driven-brand-black-buddha-cannabis/

[GoSing]

............................................... tumbleweed ...................................................................................................... a lonely squirrel bites himself in the corner .................................................................................................................................................................. a gentle breeze blows silently ......................................................... crickets ............................................

[JohnCM]

Good!!

[cardvic]

https://www.stocktitan.net/news/TLLTF/tilt-holdings-brings-home-gold-and-silver-from-this-year-s-necann-u4e3humbdk78.html

[JohnCM]

Big news for TILT will be when shipping restrictions are lifted.

[cardvic]

https://www.stocktitan.net/news/TLLTF/tilt-signs-exclusive-ohio-partnership-with-leading-vape-brand-l7krgqioukqr.html

[cardvic]

Tilt #3

https://cannin.com/3-best-cannabis-stocks-to-buy-for-february-2022/

[JohnCM]

The problem I have with tILT is the stock price does not reflect the company's successes. 330,000,000 s/o ... not bad. I was buying hand over fist earlier in the teens.

TLLTF
Tilt Holdings Inc.
Ordinary Shares
0.3004
-0.011

-3.53%

0.2975 / 0.3033 (44000 x 2500)

OTC DISCLOSURE & NEWS SERVICE

TILT Holdings Reports Third Quarter 2021 Financial Results; Record Quarterly Revenue of $53.4 Million, Up 37% YoY and 10% QoQ

PHOENIX, Nov. 15, 2021 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT" or the “Company”) (NEO:TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, is reporting its financial and operating results for the three-months and nine-months ended September 30, 2021. All financial information is provided in U.S. dollars unless otherwise indicated.

“TILT’s B2B strategy originated from our belief that the rising supply of wholesale cannabis in multiple markets across the U.S. would require a differentiated approach, shifting away from bulk flower sales towards branded packaged goods,” said Gary Santo, CEO of TILT. “When we launched our strategy at the start of the year, we envisioned that marketplace transition would take 12 to 18 months as new cultivation came online. In the third quarter, we saw that timeline accelerate along with macro-economic pressure impacting consumers.”

“Competition for shelf space is accelerating. Compressing margins are forcing MSOs and SSOs to focus on their own branded products while still maintaining a portion of that shelf space for a curated portfolio of high demand third-party products. This is the space where TILT plays, and although we are still early in scaling our operations to meet brand partner demand, our top-line performance during the quarter demonstrates that by establishing partnerships with the right brands at the right price points, TILT can support retailers while expanding the reach of independent brands.”

“While we expect ongoing improvements in our efficiency and margin profile in our cannabis business as we ramp cultivation, Jupiter continues to lead the way in cannabis inhalation devices with record revenue during the quarter. Our supply chain management expertise has been on full display throughout the year, and while there has been a near-term impact to our margins due to higher freight costs, our ability to strategically deploy working capital to ensure availability of product has benefitted our customers while attracting the business of our competitors’ customers.”

The Company reiterates its 2021 revenue guidance of $205-$210 million, expecting to come in at the lower end of the range primarily as a result of unexpected delays in obtaining new product approvals in Pennsylvania. This, coupled with higher freight costs associated with the Company’s inhalation and accessories business and expanding cultivation in Massachusetts, has resulted in the Company revising its 2021 adjusted EBITDA outlook to range between $24-$26 million, representing a 42%-54% increase compared to 2020.

Q3 2021 Financial Summary (vs. Q3 2020, where applicable)

Revenue increased 37% to $53.4 million driven by growth in both cannabis and inhalation and accessory revenue. Cannabis revenue increased 19% to $11.2 million and inhalation and accessory revenue increased 42% to $42.1 million.

Gross profit before fair value adjustments increased to $12.7 million or 23.7% of revenue, compared to $12.2 million or 31.3% of revenue.

Gross margins were impacted by higher freight costs for the Company’s inhalation and accessory business, as well as ramping cultivation in the Company’s cannabis business.

Total operating expense was $16.3 million compared to $14.5 million. As a percentage of revenue, opex improved to 30.5% compared to 37% in the year ago quarter as a result of better operating efficiencies.

Adjusted EBITDA was $5.0 million compared to $5.1 million.

As a percentage of revenue, adjusted EBITDA was 9.3% compared to 13.1%.

At September 30, 2021, cash and cash equivalents was $6.7 million compared to $7.4 million at December 31, 2020.

Working capital increased to $64.9 million compared to $57.4 million at December 31, 2020.

Q3 2021 Operational Highlights

Received approval to commence medical retail sales at the Company’s Brockton, Massachusetts dispensary; grand opening took place in October.

Announced partnership with the Shinnecock Indian Nation to enter New York’s cannabis market.

Expanded partnership with Old Pal to bring select products to market in Pennsylvania.

Announced partnership with 1906 to launch various products in three key markets: Massachusetts, Pennsylvania and Ohio.

[olivernoyes]

The problem I've had all along with TILT is that they can't make an money, no matter how much they sell. For the past 5 quarters cost of goods sold ALWAYS comes in way higher than revenues.

You can blow the revenue numbers out of the water, but if you can't make any money doing it, what's the point?

What is their path to profitability? Just acquiring more brands for the sake of growth isn't a good business plan.

[JohnCM]

TOAST!!

Tilt To Sell Toast In Several States

The Daily Hit: February 17, 2022

TILT Holdings Inc. (OTCQX: TLLTF) has made a deal to manufacture and distribute the Colorado-based cannabis brand Toast. Toast is known for its USDA organic certified tinctures and its vegan, raw chocolate. The company has also made a name for its signature Slice pre-rolls.

“Toast is well-known for its impressive craftsmanship and will be a welcome addition in our markets,” said Gary Santo, CEO of TILT Holdings. “Toast is an innovative, high-touch brand, making it a natural fit for TILT’s brand growth strategy as we strive to provide medical patients and adult-use consumers with a wider range of quality options.”

Tilt said the initial product rollout would begin in Massachusetts through its subsidiary Commonwealth Alternative Care, Inc. If the company gets approval, Tilt said it will launch Toast in Pennsylvania and Ohio through its Standard Farms subsidiaries with new SKUs created for each market. Tilt also said it will provide full-service wholesale manufacturing, packaging and distribution for several existing Toast SKUs, as well as collaborative R&D services to create new products and increase the accessibility of high-end cannabis to medical patients and adult-use consumers.

“We are committed to expanding access to our quality, life-enhancing products to medical patients and creating celebratory moments for adult-use consumers around the country,” said Punit Seth, CEO and Co-Founder of Toast. “From the beginning, TILT and Toast have had a shared vision about the best model to scale brands in multiple states while staying true to our values and commitment to building a more equitable industry overall. TILT will be crucial in bringing Toast products to scale in these three growing markets, and we are excited to collaborate with their team as they explore additional markets such as New York through their ground-breaking partnership with the Shinnecock Indian Nation.”

Toast™ products offer patients and consumers quality experiences that span the full spectrum of the plant. In the coming months, Toast™ will debut a new set of SKUs with TILT that are currently under development specially curated for each market.

[JohnCM]

[JohnCM]

[JohnCM]

[olivernoyes]

Here's the pump...

https://www.marijuanamoment.net/schumer-gives-update-on-federal-marijuana-legalization-and-banking-in-meeting-with-equity-advocates/

And here's the dump...

https://www.marijuanamoment.net/mcconnell-blasts-marijuana-banking-in-house-passed-china-bill-calling-it-a-poison-pill/

And fortunately, TILT got out AHEAD of this potential PR disaster, and turned it into a PR WIN!...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167798893

[JohnCM]

Not a P&D.
$0.299 holding up nicely.

[JohnCM]

Dumpathon!!

I picked up about 1,500 shares at $0.305 this morning.

[JohnCM]

Now 0.3255

[JohnCM]

Still 0.3069

[JohnCM]

ASK $0.3069