TILT Holdings Inc (TLLTF)

[JohnCM]

Make it or break it. This has been my number one pick. The only problem is restrictions on mailing vape products. Specifically, tobacco which also caught cannabis up in the limitation.

TILT Holdings to Report First Quarter Results on Tuesday, May 25, 2021
BY GlobeNewswire

6:00 AM ET 05/11/2021
PHOENIX, May 11, 2021 (GLOBE NEWSWIRE) -- TILT Holdings Inc. ( TLLTF ) (“TILT or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, will report its financial results for the first quarter ended March 31, 2021 after market close on Tuesday, May 25.

TILT’s management team will host a webcast at 5:00 p.m. ET to review the Company’s operational and financial highlights, followed by a question-and-answer session.

Event: TILT First Quarter 2021 Results Conference Call
Date: Tuesday, May 25, 2021
Time: 5:00 p.m. ET
Live Call: 1-877-705-6003
Webcast: public.viavid.com/index.php?id=144960
Interested individuals can register for the webcast via the Company’s Investor Relations website. A replay of the call will also be available for approximately 30 days. Please remember to join the webcast approximately 10 minutes prior to the start time to install any necessary software that may be required to join the call.

About TILT
TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 36 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter Research LLC, a wholly-owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts, Standard Farms LLC in Pennsylvania and Standard Farms Ohio, LLC in Ohio. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

The CSE has neither approved nor disapproved the contents of this news release.

Media Contact:
Ellen Mellody
[e-mail]
570-209-2947

Investor Relations Contact:
Taylor Allison
[e-mail]


Image: Primary Logo

Source: TILT Holdings Inc.

[JohnCM]

[JohnCM]

Holding ...

[greenwillow]

WHATT! Nooooo!
@cannmartca
sold out of our Gelato 3.5g flower. Thanks to every
@cannmartca
patient that picked up our Gelato. Hope you enjoyed it. (That's all we can say about that! HC regs. lol)

WHATT! Nooooo! @cannmartca sold out of our Gelato 3.5g flower. Thanks to every @cannmartca patient that picked up our Gelato. Hope you enjoyed it. (That's all we can say about that! HC regs. lol) 😍🥰🙏👇👇👇 pic.twitter.com/Ec5RETsWHE

— Apothecary Botanicals 🌱🇨🇦 (@apothecarybotan) May 4, 2021

[greenwillow]

Gary Santo, President of TILT Holdings, has experience leading lean, high-performance teams including Specialty-Pharma. Gary has held a variety of senior-level positions, most recently Columbia Care, a leading multi-state operator in the cannabis industry.

Good Interview: Tilt Holdings President Gary Santo on the Talking Hedge podcast 5/4/2021

[JohnCM]

[greenwillow]

TILT Holdings Reports Fourth Quarter and Full-Year 2020 Financial Results Including First Full-Year of Positive Adjusted EBITDA
April 15, 2021

https://www.tiltholdings.com/investors/news-events/press-releases/detail/121/tilt-holdings-reports-fourth-quarter-and-full-year-2020




PHOENIX, April 15, 2021 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF) a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development and retail, reported its financial and operating results for the three and twelve-months ended December 31, 2020. All financial information is provided in U.S. dollars except where otherwise indicated. Results of Yaris Acquisition, LLC and its subsidiaries (together, “Blackbird”) have been reclassified as discontinued operations on the income statement and statement of cash flows. All periods have been updated to reflect this change.

“The primary focus in 2020 was for TILT to become profitable, putting in place the pieces necessary to achieve scale and engage in a steady and sustainable growth trajectory,” said Gary Santo, President of TILT. “We made a number of key decisions throughout the year that have already started to pay off, allowing the Company to have a strong finish to 2020, producing $16.9 million in Adjusted EBITDA and $16.7 million in cash from operating activities for the year. We look to carry that momentum into 2021 and are already off to a great start across all business units, supporting management’s previously announced full-year 2021 revenue guidance of $205 million to $210 million and Adjusted EBITDA guidance of $30 million to $32 million.”

“TILT underwent significant changes in 2020,” added Mark Scatterday, CEO of TILT. “Through the tireless efforts of our team we were able to stabilize our foundation, solidify our strategy and focus on how best to deploy available resources towards our high-growth plant touching assets, allowing TILT to provide a differentiated B2B platform capable of supporting independent brands, U.S. MSOs and Canadian LPs. We expect 2021 to be an exciting year as we continue our transition from being a holding company possessing a disparate collection of subsidiaries to an integrated operating company capable of benefitting from economies of scale and cross-selling opportunities.”

Financial Highlights from Continuing Operations for the Quarter Ended December 31, 2020

Revenue of $42.3 million, an 8.1% increase from the third quarter of 2020 and an increase of 35.4% from the prior year period.
Gross margin before fair value adjustments of 26.7%, down 460 basis points (“bps”) from the third quarter of 2020 and up 200 bps from the prior year period.
Operating expenses less non-cash adjustments for stock compensation, depreciation/ amortization and one-time charges was $8.3 million, flat compared to the third quarter and a 17.7% decline from the prior year period.
Positive Adjusted EBITDA for the fourth consecutive quarter at $4.5 million.
Cash and cash equivalents of $7.4 million, a $3.1 million increase from the previous quarter, due to robust cashflow from operations.
Working Capital of $57.4 million, an $8.5 million increase from the previous quarter.
Operational Highlights for the Quarter Ended December 31, 2020

Jupiter Research LLC’s (“Jupiter”) power supply revenue doubled from Q3 2020 to Q4 2020.
Standard Farms, LLC (“Standard Farms”) posted record revenue for the quarter, including the two highest sales months in Company history.
Standard Farms doubled extraction processing capacity during the quarter.
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 yielded first harvest in March 2021.
Completed sale of Blackbird.
Operational Highlights Subsequent to Quarter End

Closed acquisition of Standard Farms Ohio LLC.
Jupiter saw record cartridge shipments in January and record orders in February.
Jupiter received ISO 13485:2016 Medical Device Certification.
Launch of Her Highness NYC branded products in Massachusetts within 30 days of signing manufacturing and distribution contract.
CAC completed planting in its eight additional grow rooms in Massachusetts during the quarter.
Standard Farms had its highest flower sales during the month of March.
Earnings Call and Webcast

The Company will host a webcast at 8:00 AM EDT to discuss financial and operational results for the reported quarter.

The live webcast may be accessed from the Events and Presentations menu in the Investor Relations section of the Company’s website at https://investors.tiltholdings.com/ir-calendar or to access the conference call via telephone, please dial, 1-877-705-6003. Please register at least 15 minutes prior to the scheduled start to download and install any necessary audio software.

A replay of the webcast will be available in the Past Events section of the Company’s Investor Relations website approximately 2 hours after the live event and will be archived for 30 days.

About TILT

TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 35 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, CAC in Massachusetts, Standard Farms in Pennsylvania and Standard Farms Ohio, LLC. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

[greenwillow]

Suspect small improvements, which should start to add up and build momo into Q3 & Q4.

[JohnCM]

Two days ...

[JohnCM]

TILT Holdings to Report Fourth Quarter and Fiscal Year-End 2020 Results on Thursday, April 15, 2021

PHOENIX, April 08, 2021 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development, distribution and retail, will report financial results for its fourth quarter and fiscal year-end December 31, 2020, prior to the start of trading on the Canadian Securities Exchange on Thursday, April 15, 2021. The Company’s management team will conduct an audio webcast at 8:00 AM Eastern Daylight Time on the same day.

The audio webcast may be accessed at public.viavid.com/index.php?id=144288, or from the Investors Relations page of the Company's website at https://investors.tiltholdings.com/ir-calendar. To access the conference call via telephone, please dial, 1-877-705-6003. Be sure to visit TILT's website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. A replay of the audio webcast will also be available on the Company’s website and will archived for approximately 30 days.

About TILT
TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 35 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter Research LLC, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts, Standard Farms LLC in Pennsylvania and Standard Farms Ohio, LLC. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

The CSE has neither approved nor disapproved the contents of this news release.

[JohnCM]

41.99 RSI(14)

[Captainandy]

#TLLTF: NEW YORK STATE ABOUT TO GO LEGAL...:-} $0.55


https://www.otcmarkets.com/stock/TLLTF/news

[JohnCM]

Jupiter

Vape Shipping & The PACT Act: What You Need To Know

Recent legislation around the PACT Act has introduced a potential ban on shipping vaping products in the continental U.S.

Jupiter Research
March 22, 2021

What is the PACT Act?

The Prevent All Cigarette Trafficking (PACT) Act was intended to prevent illegal tobacco sales, tax avoidance, and the shipping of cigarettes and smokeless tobacco products directly to consumers via the United States Postal Service (USPS).

The 2021 PACT Amendment

As part of the COVID-19 stimulus relief legislation signed into law in December 2020, the PACT Act was amended to now include electronic nicotine delivery systems (ENDS). Under the amendment, vape companies appear to be prohibited from shipping vaping products via USPS. All major U.S. parcel carriers (UPS, FedEx, DHL, etc.) have also agreed to honor the PACT Act and prohibit shipping vaporizer components via their services.

An ENDS product is defined by the law as “any electronic device that, through an aerosolized solution, delivers nicotine, flavor, or any other substance to the user inhaling from the device [including] an e-cigarette; an e-hookah; an e-cigar; a vape pen…and any component, liquid, part or accessory of a device…without regard to whether the component, liquid, part, or accessory is sold separately from the device.”

How will this impact Jupiter and our customers?

Jupiter will continue to have methods of shipping, but there will be immediate changes:

Changes apply to the continental U.S., including Hawaii, Alaska, and Puerto Rico.

Minimum Order Quantity for free freight shipping: 10k cartridges with mouthpieces (or equivalent weight of devices, all-in-ones, pods, etc).
An order of less than the MOQ volume will be subject to a $150 freight surcharge.

No access to expedited freight (next day air, 2-day air, 3-day guaranteed, etc).

Order pickup at Jupiter headquarters in Phoenix, AZ will continue to be available to all customers.

Has this change gone into effect yet?

No. The current date set for these changes to go into effect is Friday, April 2, 2021. If you would like to adjust the quantities of any orders before the change is implemented, reach out to your Jupiter Account Executive ASAP.

What can I do about this potential change?

The PACT Act is under further review and any changes to the ruling will be announced on Monday, April 26, 2021. Many groups and coalitions, including the Cannabis Voter Project, are demanding adjustments to these regulations and limit restrictions on the vape industry as a whole. Visit p2a.co/FyUcHVr to learn more.

[JohnCM]

Response from the company,

John,

Thank you for reaching out on this. Please find the link below to Jupiter's website which details how we are addressing the PACT Act.

https://www.jupiterresearch.com/pact-act-to-ban-shipping-of-all-vaping-products/

Additionally, Gary gave the below statement on it for a report that will be coming out shortly as well. Please let me know if you have any additional questions that I can answer!

Statement TILT Holdings Inc. President Gary Santo

While Congress’ intent was to take steps to prevent the selling of tobacco products to minors, which we support, the unintended consequences have unfairly penalized the U.S. cannabis and CBD vape industry. With the Pact Act capturing hardware components needed to supply the legal cannabis industry, the resulting supply chain disruption is likely to have a downstream effect on the tens of millions of patients and consumers who rely on safe tested inhalation devices for the safe delivery of medicinal treatments. This has the potential to create a surge in illicit market products previously connected to the 2019 vaporization crisis, and our greatest concern remains people’s health and wellbeing.

As one of the world’s largest suppliers of inhalation technologies to the cannabis and CBD industry, we have been proactively engaged with our third-party, private carrier network throughout the U.S. in order to minimize the impact of the PACT Act on our customers. As requirements under the Act continue to evolve, we remain confident in our ability to manage complex supply chains to deliver our product on time, in as cost-effective a way as possible. As a result, we believe that we have done everything within our power to ensure that our supply chain does not experience any disruptions, and with our breadth of experience remain well prepared to navigate these changes.

Best,

Taylor


TILT HOLDINGS
[e-mail]
tiltholdings.com |
Press | LinkedIn

[JohnCM]

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

FEBRUARY 17, 2021 6:30AM EST

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. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), 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.”

About TILT

TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 35 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations CAC in Massachusetts and Standard Farms in Pennsylvania. TILT is headquartered in Phoenix, Arizona.

[JohnCM]

TILT Holdings TLLTF

$0.549 +10.24% 3/31

Regarding next quarterly earnings report

Message from company March 30th

John,

"Good afternoon. We have not released the date yet, but we will as soon as it is finalized. Likely, it will be released in the next week or so." (April 5th thru 9th, or April 12th thru 16th)

Best,

Taylor


TILT HOLDINGS
[e-mail]
tiltholdings.com |
Press | LinkedIn

[JohnCM]

T-minus nine trading days??

TILT Holdings Reports Third Quarter 2020 Financial Results Including Record Adjusted EBITDA, Enters into Definitive Agreement for the Sale of Blackbird Subsidiary
Press Release
11/18/2020

TILT Holdings Announces Financial Results for the Three and Six-Months ended June 30, 2020
Press Release
08/25/2020

TILT Announces Q1 2020 Financial Results
Press Release
06/23/2020

TILT Holdings Announces Fourth Quarter and Fiscal 2019 Earnings Date and Webcast
Press Release
04/09/2020

[JohnCM]

Yes!

50 cents is dirt cheap.

[greenwillow]

I like Tilt longer term.

Not many people paying attention or have much exposure to Vaporizer Technologies.

Good possibility the delivery method is extended in to other forms of medicine in time.

Besides being one of the largest distributors in the USA/CAD, Tilt / Jupiter is the leading designer for the largest vape manufacture in the world. This relationship is important & overlooked, imo

Then there's the plant touching operations which are slowly coming on-line.

$1+ is taking longer than I thought, but I still like Tilt for a long hold over time.

GLTA

[JohnCM]

ADD $0.555

[JohnCM]

Tilt Holdings

Jan 25, 2021
Real Money - The Street

Burleson lowered his 2021 estimates for Tilt (TLLTF), but that doesn't mean he thinks less of the company. He noted the current year's decline is due to its sale of the software company Blackbird, which was actually a loss leader for the company.

The analyst thinks the company's struggles are behind it and that it is positioned for profitable growth. "We are also taking a conservative view on vape hardware demand and plant-touching assets this year, although both segments are still modeled to deliver healthy growth," he wrote. His revenue estimate for 2022 is C$260 million ($204 million) and his price target is C$1.00 ($0.79).

The stock was recently trading at around 45 cents.

[JohnCM]

I was planning to talk about March 2021 but if you would rather discuss January 2019, I am up for that.

[olivernoyes]

A lot of bagholders here all the way up to $3.00.

[JohnCM]

5X Penny Stock (Small Cap): TILT Holdings - TILT
February 12th, 2021

YouTube

[JohnCM]

[JohnCM]

URGENT!!

Tilt Holdings (TLLTF)

I need to increase my holdings up from 40,000 to 50,000 shares. Tilt Holdings is absolutely flying under everyone's radar.

This stock is going to catch some MOMO within the next 3 weeks. We will see an easy $0.80 price target or 26% higher from here $0.5917. Annualized, 365 days divided by 21 days = 17.38 time period X 26% or 452% yield.

[JohnCM]

Newsletter Update March 19th, 2021

We have now moved into an interesting and choppy investing environment. Previously you could be a blindfolded monkey throwing darts at a stock dartboard and be a winner (no monkeys were harmed in this discussion). Now you actually get to earn your keep. Or you can simply invest in mutual funds, ETF, or index funds and let the “experts” do a little of the work for you. There are a lot of moving pieces, plates in the air at this time.

Fluctuating interest rates
Inflation fears
A recovering economy
Pandemic fears
A new administration

When you look at most stock charts now you will see a new, “choppy” trend. Before it was higher and higher. Now there is plenty of volatility, both higher and lower.

So what do you do? As always, if you are going to invest in a stock, company, sector, or country, you should put in a certain amount of homework. That being said, what are the trends? What is the outlook for the economy moving forward? Which sectors will see the most gains in the next 12 months? Sure I have my thoughts. A wonderful way to play your hunches is to be familiar with bull and bear (inverse) ETF funds. And the leveraged ETF funds, 1X, 2X and 3X.

Personally, I am sticking with what I know best, Cannabis. It helps that the Cannabis industry is healthy, young, and a durable staple in even the most difficult of times like tobacco, pharmaceuticals, and alcohol.

My goal is to identify the MJ stocks that are undervalued, underappreciated. Last summer just about every MJ stone you turned over was good for 50 percent appreciation within 6 months. Now that the MJ landscape has been scoured over for hidden gems, it is much more difficult to identify companies that are solid, undervalued, and have a rosy future.


DISCLAIMER
John Mueller (The Charles Report) is not a licensed financial, income tax advisor, stockbroker, or licensed real estate agent (almost!). All investment/financial opinions expressed by John Mueller are from my personal research and 35 years of investing experience and are intended as educational material only. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur. Purchase and sell real estate and stocks at your own risk.

[JohnCM]

Motley Fool does not fool with OTC Market securities.

[JohnCM]

TILT still vastly under the radar.

For how long?

I have prodded ...

Twitter
The Midas Letter
Stocktwits
Seeking Alpha
Facebook
IHUB

... with TILT's recent revenue and profitability forecasts. The only one I can think of that I have not contacted is Motley Fool.

[JohnCM]

GoSing waiting for the next global meltdown to CASH IN.

Interesting investment strategy.

Or you could just leverage into precious metals.

[JohnCM]

I shan't need for you to issue a formal apology

Laughable comment.

[GoSing]

March 18th, 2020, markets across the world crash due to the Covid pandemic dropping shares of Tilt Holdings to .10 from previous highs of around .30 earlier in the year.

Market crashes produce incredible amounts of wealth for those individuals who possess enough foresight to prepare for them. Some individuals choose to play tic-tac-toe, while others are mastering 50 dimensional chess.

You will redact your profoundly inaccurate and grossly misleading not to mention ridiculous post at once. I shan't need for you to issue a formal apology to me as my ego is not fragile enough to necessitate one, however, I must insist that you make a charitable contribution in my name to the Save The Pandas Fund in the amount of your choosing.

I have humbled and humiliated you beyond retort and it has brought me no pleasure in doing so. Now I shall take my leave of you. I bid you good day sir.

[JohnCM]

This is the dumbest post I have read on IHUB over the past 3 years dating back to February 2018.

Long term if this company keeps doing what it's doing it's going to be a winner. Just need a major market crash to get it into the teens or lower then I can come in and clean up. Of course this is merely a dream scenario but one can always dream.

[GoSing]

Long term if this company keeps doing what it's doing it's going to be a winner. Just need a major market crash to get it into the teens or lower then I can come in and clean up. Of course this is merely a dream scenario but one can always dream.

[JohnCM]

Cross your fingers.

Target purchase $0.54 to $0.56

Currently, ASK $0.57

[GoSing]

I hope it goes just a tad lower so I can pick up a boat load of cheap shares.

[JohnCM]

September 12th, 2019 $0.44US

March 18th, 2021 $0.58US

553 days later you are paying 14 cents more per share.

"TILT Holdings Inc: Will This $0.44 Pot Stock Make a Comeback?

September 12th, 2019
iStock.com/NicoElNino

A Pot Stock to Think About

Beaten-down stocks are usually not the safest bets. But if the situation at an out-of-favor company turns out to be not as bad as what market participants had thought, the stock might be able to make a strong comeback.

With that in mind, let’s check out TILT Holdings Inc (OTCMKTS:TLLTF, CNSX:TILT). Most people have never heard of TILT Holdings, but the company comes from one of the fastest-growing industries in the stock market: legal marijuana.

Headquartered in Boston, TILT Holdings is a vertically integrated technology and infrastructure cannabis company.

You don’t really hear about TILT Holdings stock when analysts talk about pot stocks because it is quite a bit different from most companies in the legal marijuana industry. Rather than just growing cannabis plants, the company provides comprehensive operations and software solutions at each stage in the supply chain.

For instance, TILT Holdings’ wholly-owned subsidiary Jupiter Research, LLC focuses on the design, development, and manufacturing of vaporizing technologies for natural plant-derived oil. (Source: “TILT Holdings Announces Milestone of Supporting 2,000 Brands Across North America and Full Integration of Baker into Blackbird,” TILT Holdings Inc, September 5, 2019.)

Blackbird Logistics Corporation, another of TILT Holdings Inc’s wholly-owned subsidiary, offers operations and software solutions for cannabis wholesale and retail distribution.

Meanwhile, TILT Holdings also owns Baker Technologies Inc, which offers a customer relationship management platform that helps dispensaries expand their business.

TILT Holdings Inc is listed on the Canadian Securities Exchange under the ticker symbol “TILT.” But for U.S. investors who want to get a piece of the action, they can find it trading over the counter under the symbol “TLLTF.”

As I mentioned earlier, this is a beaten-down stock. Since the beginning of this year, TLLTF’s share price went from $2.50 to $0.44, marking a drop of more than 80%.

The thing is, though, while TILT Holdings stock is out of favor with investors these days, it still manages to grow its business.
As a matter of fact, the company has just reached a major milestone.
On September 5, TILT Holdings announced that between its three subsidiaries, the company has reached the milestone of supporting 2,000 brands across North America. (Source: TILT Holdings Inc, September 5, 2019, op. cit.)

“Achieving this number is a testament to TILT’s commitment to providing value to cannabis retailers through technology, hardware, and software solutions,” said TILT Holdings’ Interim Chief Executive Officer Mark Scatterday. (Source: Ibid.)

In other words, despite having a plunging share price, the company has actually built a solid presence in the cannabis industry.
Its financials have been improving, too.

In the second quarter of 2019, TILT Holdings generated $39.0 million of revenue, marking a solid 13% increase from the first quarter.
Q4 2020 revenue is projected to be $43.0 million.

The year-over-year improvement was even bigger because, in the year-ago period, the company did not generate any revenue. (Source: “TILT Holdings Reports Second Quarter Revenue of US$39 Million, Positive Adjusted EBITDA for July,” TILT Holdings Inc, August 28, 2019.)

Meanwhile, the company narrowed its adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) loss from $7.9 million in the first quarter of 2019 to $4.0 million in the second quarter.
Q4 2020 Positive adjusted EBITDA is projected to be $3.0 million.

[JohnCM]

You know what I have to say, but I don't want be banned from IHUB.

[Marillionaire]

I knew you lived in your mommys basement , stop being a wierdo and join the real world

[JohnCM]

DO NOT READ MORON.

[Marillionaire]

John Cm please stop messaging me most of it ive already read , and dont care what reads funny keep your random five word sentences to yourself sorry but i was hoping you would stop but your spamming me

[JohnCM]

Will we be able to buy shares at $0.61 again?

[JohnCM]

How a freshly grown cannabis company managed to lose $500 million in less than a month

Published: May 2, 2019
By Max A. Cherney
MARKETWATCH

Tilt Holdings valued assets at about half a billion dollars when raising funds, then decided value was actually more like $7 million, less than four weeks later

Cannabis company Tilt Holdings valued its assets at about half a billion dollars on Dec. 6, and roughly $7 million on Dec. 31. TILT HOLDINGS INC.

As Tilt Holdings Inc. completed a four-way reverse merger and began trading on the Canadian Securities Exchange late last year, the U.S.-based cannabis producer claimed the value of its disparate parts was roughly $500 million.

A month later, the pot company had a slightly different valuation for those same businesses: About $7 million.

Tilt took a goodwill impairment charge of roughly $500 million late Wednesday in its first quarterly earnings report since going public, leading to a massive loss of $554.5 million on sales of just $5.7 million. Chief Executive Alex Coleman told MarketWatch that the charge was because the company used one methodology on Dec. 6, 2018, to value the companies that merged to form Tilt Holdings, and a different set of standards on Dec. 31.

“The goodwill attributable to the merger was more of an intrinsic-value allocation,” Coleman said over the phone. “That’s really the gist of it. The company didn’t proactively write up our assets and we didn’t write them down.”

Coleman’s description differed from the company’s financial statements, which said that the impairment charge was the result of the company’s “outlook on the medical cannabis industry in Canada as a result of the legalized recreational market. The impairment was determined by comparing the [subsidiary’s] value-in-use to its carrying value.”

Goodwill reflects the amount one business pays to acquire another beyond the assets shareholders would theoretically receive if the parts were sold off. Companies review assets with goodwill attached regularly, and if the benefits may never materialize, the company has to write down the value.

For example, Kraft Heinz Co. KHC, +0.45% wrote down $15.4 billion earlier this year because of issues related to the Kraft and Oscar Mayer trademarks. HP Inc. HPQ, -0.80% recorded an $8.8 billion charge related to its Autonomy acquisition that the computer company said it had been duped into overpaying for. General Electric Co. GE, -1.84% recorded a massive impairment charge of nearly $23 billion in 2018, writing down all of the goodwill on its GE Power division.

The average impairment charge in 2017 was about $120 million, according to Duff & Phelps, a consulting company — and the 293 examples in that study come with much larger revenue totals and longer operating histories than Tilt has.

Follow all the news about pot stocks with Cannabis Watch

In Tilt’s case, the company was combining four different businesses into a single publicly traded entity: cannabis-delivery software, customer-relationship management software, a vertically integrated weed seller in Massachusetts, and a Canadian company that has applied to be a licensed pot producer in that country.

At the time, MarketWatch described Tilt as “a Frankenstein’s monster of a corporation,” and also pointed out that Tilt was forced by Canadian regulators to retract revenue guidance for 2019 within a day of providing it.

Despite those issues, Tilt raised $120 million in December through a reverse takeover on the CSE, a common means of going public for U.S. cannabis companies, which cannot list domestically because their operations violate federal law.

Tilt sold 22.9 million shares for C$5.25 each ($4.21US), which fell 60% the first day of trading and have not traded above C$3.89 since. Tilt stock closed down 18% to C$2.17 on Thursday, giving it a valuation of roughly C$776.9 million, according to CSE data.

Tilt also said Wednesday that it entered into a credit facility with several venture-capital firms for $20 million bearing 18.75% interest. Coleman said that Tilt was “testing the waters” to assess the challenge of raising more cash and that “almost all of our money is going to capital expenditure.”

[JohnCM]

TILT Announces Mark Scatterday as Interim CEO

May 10, 2019

CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 10, 2019--TILT Holdings Inc. (“TILT” or the “Company”) (CSE:TILT) (OTCQB:SVVTF), a leading business to business company in the cannabis industry, today announced the appointment of Mark Scatterday to the position of interim Chief Executive Officer of TILT, effective immediately.

The board of directors of TILT (the “Board”) has formed a committee which is in the process of retaining an executive search firm for the purpose of identifying a long-term CEO candidate to lead the Company through its next growth phase.

Alex Coleman, the Company’s former CEO, has stepped down and will remain as Chairman of the Board and continue to focus on corporate development and strategy including possibly a separate public listing in the US for qualifying assets, partnership or joint ventures.

“The plan has always been to identify a CEO with strong operational experience to replace me as soon as it made sense for the Company,” said Mr. Coleman. “With the completion of our four-way merger, public listing on the CSE and several subsequent acquisitions, it is an ideal time to make this change. Mark is a fantastic operator and exactly the person we need to transition this company to its next phase as we conduct this search. The Board will be looking for a permanent CEO who has proven success as a public company executive and who can utilize operational talent like Mark to best position TILT for future growth.”

Mr. Scatterday is a lifelong entrepreneur and operator, having built a number of successful businesses. Most recently, he was the founder and CEO of Jupiter Research, a leading provider of vaporization and inhalation devices for the cannabis industry, which is now a wholly-owned subsidiary of TILT. Through the Jupiter acquisition, Mr. Scatterday is currently TILT’s largest shareholder. He is currently, and will remain, a member of the Board, and is committed to his new role.

“There is a tremendous opportunity right now at TILT in that we are currently one of the largest revenue generating, U.S.-based, publicly listed cannabis companies, yet we need to do a better job of communicating our progress to the market,” said Mr. Scatterday. “My goal over the next 90 days is to help TILT focus its resources on the areas of the business that can drive growth and stability, while communicating a refined, focused strategy throughout the company, as well as externally to the market. Collectively we have one of the broadest reaches in the cannabis industry when considering the breadth of products and services the Company offers. The opportunity is now to help the market understand the vision for how these businesses work synergistically together. I’m enthusiastic about my new role and look forward to sharing regular updates with our shareholders and the investment community.”

[JohnCM]

TILT Holdings Targets 'Every Stage Of The Cannabis Supply Chain' With M&A Strategy

BENZINGA
By Alex Oleinic
January 4, 2019

TILT Holdings Inc (OTC:SVVTF), which has amassed businesses primarily focused on providing B2B solutions, is an example of a cannabis company with operations in both Canada and the U.S.

The Jupiter Research Acquisition

TILT announced a new addition to its “family” of businesses Thursday. The company said it agreed to acquire Jupiter Research for $210 million, including $70 million in cash and the rest in stock — approximately 56.12 million shares.

Jupiter is engaged in developing inhalation and vaporization technology. In 2018, Jupiter had $105 million in orders and EBITDA margins of 20 percent, TILT said in the press release. The company said it realized $77 million in revenue.

TILT expects the acquisition to expand its B2B hardware offering. Jupiter provides power supplies and cartridges for cannabis oil that feature ceramic CCELL technology. The company is working with more than 700 brands and cannabis retailers in the U.S., Canada, Israel and Europe.

How Jupiter Fits With TILT

The cannabis industry is undergoing a wave of consolidation, with more than 300 M&A deals signed last year for a total value of $13.8 billion, according to Viridian Capital Advisors data.

TILT was formed from the merger of four cannabis companies: Baker, Briteside, Sea Hunter and Santé Veritas. The companies merged at the end of November (2018) just before TILT went public on a Canadian exchange.

Given that it was formed as a combination of four companies engaged in different segments of the cannabis industry, TILT has become a large cannabis platform.

Benzinga spoke with TILT CEO Alex Coleman, who said the company's business structure is still being designed.

“TILT will be primarily focused on our B2B offering across the supply chain for cannabis businesses. With our technology foundation, providing software, services and a broad range of highly engineered consumer products, we enable store operators to meet consumer preferences regardless of how they evolve," he said.

Companies Under TILT's Umbrella

Baker Technologies is one of the top cannabis software companies and works with over 1,000 dispensaries across 24 states and Canada. Baker’s solutions cover a variety of needs, from online ordering to analytics.

Briteside builds cultivation and production facilities using prefabricated modular construction technology.

Sea Hunter Therapeutics is a vertically integrated consumer packaged goods manufacturer which also provides capital support, intellectual property and expertise to other licensed cannabis businesses.

Santé Veritas is a Canadian cannabis cultivator that provides wholesale services.

Before Jupiter, TILT acquired Standard Farms and Blackbird (gone now). Both acquisitions were announced Dec. 6, the same day the company started trading on the Canadian Securities Exchange.

Blackbird provides logistics operations and software solutions covering the entire cannabis supply chain. Standard Farms is a medical cannabis producer focused on greenhouse cultivation and CO2 extraction processing that supplies cannabis products to dispensaries in Pennsylvania.

TILT paid $50 million for Blackbird and $40 million for Standard Farms in cash-and-stock deals.

“Being a unique and diversified cannabis company allows us to deliver comprehensive solutions across the industry, from operations and cutting-edge genetics to technology infrastructure and business services," Coleman said. "Instead of just focusing on a single segment, TILT provides technology, expertise and services at every stage of the cannabis supply chain."

[JohnCM]

That reads funny.

Viridian Capital said in regards to there 80cent price target
" There is potential for a Significant Upside based on the sum of the Parts and Given The potential for M&A for assets like TILTS "

[JohnCM]

UNDER THE RADAR.

Amassing position.

[Marillionaire]

Viridian Capital said in regards to there 80cent price target
" There is potential for a Significant Upside based on the sum of the Parts and Given The potential for M&A for assets like TILTS "

[greenwillow]

Still waiting on $1.00++

Coming soon. :)

[FUNMAN]

TILT Holdings Enters Third Market through the Completion of Its Acquisition of Ohio Processing Facility

https://www.tiltholdings.com/press/detail/118/tilt-holdings-enters-third-market-through-the-completion-of

MARCH 16, 2021 6:30AM EDT

Standard Farms Ohio LLC Provides Opportunity for TILT to Expand the Reach of its Portfolio of High-Quality Cannabis and Inhalation Products While Offering Ready Access for its Brand Partners to the Ohio Marketplace

PHOENIX, March 16, 2021 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development, distribution and retail, announced that it has completed its acquisition of Standard Farms Ohio LLC (“SFO”), previously announced on April 16, 2019.

SFO’s purpose-built 9,600 sq. ft. processing and CO2 extraction facility (the “Facility”) is conveniently located just outside of Cleveland, providing ready access to the state’s 52 operating dispensaries. The Facility currently produces high-quality medical cannabis products including tinctures, vaporization cartridges, syringes and topicals, with the Company expecting to expand its product offerings to include concentrates and edibles inspired by TILT’s award winning operations in Massachusetts and Pennsylvania.

“With the expansion of the Standard Farms footprint into Ohio, we continue to execute on our strategy of delivering a differentiated portfolio of premium products and supply chain solutions to multi-state providers, licensed producers and cannabis retailers, as well as opening up another dynamic marketplace to our brand partners,” said Gary Santo, President of TILT. “Through the acquisition of SFO, TILT now has plant-touching operations in three fast-growing limited license markets, and we are excited to provide Ohio’s 52 dispensaries with a diverse selection of top brands that their customers want, while generating meaningful revenue.”

Ohio is the seventh most populated state in the U.S. The state currently has 160,000 registered medical patients, representing more than double Ohio’s 2019 patient totals. In 2020, cannabis sales approached $277 million, representing almost 290% growth compared to 2019.

To learn more about TILT, visit www.tiltholdings.com.

About TILT
TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 35 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter Research LLC, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts and Standard Farms, LLC in Pennsylvania and Ohio. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

Forward-Looking Information
This news release contains forward-looking information based on current expectations. Forward-looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward looking information may include, without limitation, the Company’s ability to expand its product offerings to include concentrates and edibles in Massachusetts and Pennsylvania and to add meaningful wholesale revenue the success of TILT’s brand strategy, the receipt of any regulatory approvals, the anticipated growth of cannabis markets, the opinions or beliefs of management, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of TILT, and includes statements about, among other things, future developments, the future operations, strengths and strategy of TILT. Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. These statements should not be read as guarantees of future performance or results. These statements are based upon certain material factors, assumptions and analyses that were applied in drawing a conclusion or making a forecast or projection, including TILT’s experience and perceptions of historical trends, the ability of TILT to maximize shareholder value, current conditions and expected future developments, as well as other factors that are believed to be reasonable in the circumstances.

Although such statements are based on management’s reasonable assumptions at the date such statements are made, there can be no assurance that it will be completed on the terms described above and that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on the forward-looking information. TILT assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

By its nature, forward-looking information is subject to risks and uncertainties, and there are a variety of material factors, many of which are beyond the control of TILT, and that may cause actual outcomes to differ materially from those discussed in the forward-looking statements.

For additional information regarding forward-looking statements and their related risks, please refer to the “Risk Factors and Uncertainties” section in the Management Discussion and Analysis of the Company for the quarter ended on September 30, 2020, which is available on the Company’s SEDAR profile at www.sedar.com.

The CSE has neither approved nor disapproved the contents of this news release.

Investor Relations Contact:
Taylor Allison
[e-mail]

Media Contact:
Ellen Mellody
[e-mail]
570-209-2947