TILT Holdings - (CSE: TILT) (OTCQB: SVVTF) - Investor Dashboard
| ➔ TILT Holdings | |||||
|---|---|---|---|---|---|
| CSE Ticker: | TILT | ||||
| OTCQB Ticker: | SVVTF | ||||
| Sector: | Technology |
| Industry: | Infrastructure |
| Country: | Canada |
| Employees: | >580 |
| Established: | 2018 |
| CEO: | Alexander Coleman |
Summary
| Fiscal Year-End: | Dec 31 |
| Exchange: | CSE |
| Auditor: | MNP LLP |
| Headquarters: | Cambridge, MA |
| Platforms: | 7 |
Financials (12/31/18)
| Cash on hand: | $97.2 million |
| LT Assets: | $95.3 million |
| Shareholders’ Equity: | $202.9 million |
| Revenues – Last Quarter: | $5.1 million |
| Adj. Gross Margin : | 66.7% |
| EPS : | -$18.00 |
Capital Structure (04/30/19)
| Last Financing: | 22.9 million shares at C$5.25 |
| Basic Shares: | 357.5 million |
| Warrants: | 7.0 million |
| Options: | 25.6 million |
| Diluted Shares: | 390.1 million |
Company Brief
TILT Holdings Inc. is a vertically-integrated technology and infrastructure cannabis company. The company is headquartered in Cambridge MA, has sales in 40 states, along with sales in both Canada and Europe. Over 580 employees support the company’s full range of products and offerings which include software & services and consumer devices & packaged goods.
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.
TILT Ecosystem
Highlights
- Several acquisitions since going public in late 2018
- Completed a four-way merger and resumed trading on the CSE on December 6, 2018
- TILT provides operations and software solutions at each touchpoint in the supply chain
- $18.3 Million Pro Forma Revenue in January
- CBD strategy led by Gary Smith (PepsiCo, RedBull, Big Red) for e-commerce, subscription and retail
Growth Strategy
- Four additional brands under development
- Future M&A to broaden platform of services and operations
- Partnerships and franchise retail model to further leverage services and brands
- Massachusetts cultivation and dispensary operations will provide substantial revenue
- Currently supporting 30 retail projects at various stages of completion
Differentiators
- Vertically-integrated infrastructure and technology platform
- Presence in over 1,000 dispensaries across 40 U.S states, Canada, Puerto Rico and Jamaica, providing valuable data to TILT
- 1 out of every 3 dispensaries uses Baker products across the United States
- Last mile delivery solutions with BlackbirdGO
- TILT’s Inclusion Program supports minorities and veterans with capital and resources
TILT Ecosystem
Institutional Analyst Coverage
Bobby Burleson
Canaccord Genuity
Curated Stories & News
Visit TILT Holdings, Inc.
at www.tiltholdings.com
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