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Tilt Holdings Inc. (TLLTF)

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Last Post: 3/5/2021 7:53:06 AM - Followers: 41 - Board type: Free - Posts Today: 2




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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#528   Full PR --->>> TILT Holdings Inc. Announces the FUNMAN 03/05/21 07:53:06 AM
#527   https://finance.yahoo.com/news/tilt-holdings-inc-announces-launch-113000074.html Marillionaire 03/05/21 06:55:50 AM
#526   Tilt still under the radar, big time. JohnCM 03/02/21 11:07:15 PM
#525   Doubles cultivation capacity. That is a damn bytheocean 03/02/21 08:01:14 PM
#524   https://www.stockscores.com/chart.asp?TickerSymbol=TLLTF&TimeRange=30&Inter JohnCM 03/02/21 10:05:36 AM
#523   Awesome! TILT Holdings Inc. Receives Approval for Additional Cultiv JohnCM 03/02/21 09:48:42 AM
#522   It keeps getting better , we knew this Marillionaire 03/02/21 07:45:09 AM
#521   HORIZONS US MARIJUANA INDEX ETF Marillionaire 03/01/21 09:46:39 PM
#520   2021 revenue projection of $205MM+ The company’s exclusive Marillionaire 03/01/21 08:53:22 AM
#519   TILT Holdings: A Vape Leader Returns To Growth JohnCM 02/28/21 05:01:48 AM
#518   I have looked at TILT for awhile, and JohnCM 02/26/21 11:44:17 PM
#517   Don't disagree John, been asking your opinion on FatherofFour 02/26/21 10:20:03 PM
#516   I concur. GoSing 02/25/21 11:32:33 PM
#515   Ridiculously underpriced. JohnCM 02/25/21 10:53:48 PM
#514   1++++ Any week now greenwillow 02/25/21 11:08:00 AM
#513   TILT HOLDINGS (TLLTF) JohnCM 02/25/21 10:56:06 AM
#512   https://www.stockscores.com/chart.asp?TickerSymbol=TLLTF&TimeRange=15&Inter JohnCM 02/24/21 10:51:57 PM
#511   Gotta agree with JohnCM on this, based on FatherofFour 02/24/21 09:46:30 PM
#510   Let's keep track!! JohnCM 02/24/21 11:35:06 AM
#509   Oh come on. I love Tilt too but GoSing 02/24/21 10:28:55 AM
#508   CANNABIS SECTOR TOP 20 JohnCM 02/24/21 10:21:26 AM
#507   My number one pick. JohnCM 02/24/21 10:18:20 AM
#506   Tilt is without a doubt a WINNER Marillionaire 02/24/21 07:24:20 AM
#505   Ding, ding, ding... TLLTF greenwillow 02/23/21 12:28:33 PM
#504   TILT Holdings Sees FY Revenue $205 Million To JohnCM 02/23/21 06:26:35 AM
#503   We will grow alot in 2021 but it Marillionaire 02/23/21 01:52:26 AM
#502   TILT Holdings, Inc. Announces Assignment of Ermont, Inc. JohnCM 02/22/21 06:35:30 PM
#501   For OTC stocks, this is the way to JohnCM 02/22/21 12:07:40 PM
#500   ETF MJ down 0.88% JohnCM 02/22/21 10:03:50 AM
#499   BEST BID JohnCM 02/22/21 08:46:40 AM
#498   Data backs you up. FUNMAN 02/22/21 07:45:56 AM
#497   As USA cannabis grows, so shall TILT. FUNMAN 02/22/21 07:45:05 AM
#496   They recognize good things on the horizon. FUNMAN 02/22/21 07:44:00 AM
#495   TILT Holdings Heading in a New, More Focused Direction JohnCM 02/21/21 03:03:19 PM
#494   Is TILT Holdings Inc (TLLTF) a Winner in JohnCM 02/21/21 02:52:45 PM
#493   TILT Holdings stock forecast, TLLTF price prediction: Buy JohnCM 02/21/21 02:50:34 PM
#492   No such thing as LUCK . JohnCM 02/21/21 09:38:12 AM
#491   Good luck to all FUNMAN 02/21/21 09:20:52 AM
#490   Things are looking better at TILT FUNMAN 02/21/21 09:20:26 AM
#489   $0.23 BOTTOM JohnCM 02/21/21 09:17:32 AM
#488   GO TIME JohnCM 02/21/21 09:09:13 AM
#487   TILT Holdings Provides Preliminary Fourth Quarter Results, Operational conix 02/21/21 08:54:35 AM
#486   Not luck. Have I told you that before? JohnCM 02/19/21 11:22:12 AM
#485   Good Luck with your new shares. FUNMAN 02/19/21 09:53:27 AM
#484   ADDED $0.645 JohnCM 02/19/21 09:42:06 AM
#483   I have been watching TILT, posted a chart JohnCM 02/17/21 09:12:32 AM
#482   IMO The Street should react favorably to the FUNMAN 02/17/21 08:36:27 AM
#481   Retracing vs blip JohnCM 02/17/21 08:04:02 AM
#480   I have been looking at TILT for 2 JohnCM 02/17/21 08:03:13 AM
#479   TILT Holdings Provides Preliminary Fourth Quarter Results, Operational JohnCM 02/17/21 08:00:28 AM
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