TILT Holdings Inc (TLLTF)

[FUNMAN]

TILT nabs approval for expanded cannabis cultivation operations in Massachusetts

Oct. 9, 2020 9:15 AM ET
By: Shweta Agarwal, SA News Editor

• TILT Holdings (OTCQB:TLLTF) receives regulatory approval to commence operations at its subsidiary, Commonwealth Alternative Care, expanded cannabis cultivation facility in Taunton, Massachusetts.

• "The regulatory approval adds another 10,000 square feet of flower rooms and increases TILT’s overall flower canopy by more than 50%."

• The approval also includes an additional 7,500 square feet of packaging and manufacturing space.

• "This added capacity allows us to scale operations to meet the increased demand that we are seeing at our own dispensary, as well as continued demand in the wholesale adult-use and medical markets across the state," says TILT CEO Mark Scatterday.