TILT Holdings - (CSE: TILT) (OTCQX: TLLTF) - Investor Dashboard


TILT Holdings
CSE Ticker: TILT
OTCQX Ticker: TLLTF
Market Focus: United States
Classification: Ancillary
Country: United States
Employees: 295+ as of 7/2021
Established: 2018
CEO: Gary Santo

Summary

Fiscal Year-End: Dec 31
Exchange: CSE, OTCQX
Auditor: Baker Tilly
Headquarters: Phoenix, AZ

Financials (03/31/21)

Cash on hand: $9.0 million
Fixed Assets: $68.6 million
Shareholders’ Equity: $282.5 million
Revenues – Last Quarter: $46.8 million
Adj. Gross Margin : 28.9%
EPS : -$0.00

Capital Structure (04/30/21)

Last Financing:  US$35m debt with C$0.33 warrants
Basic Shares: 324.7 million
Warrants: 74.0 million
Options: 18.1 million
Diluted Shares: 463.3 million

 


Company Brief

Headquartered in Phoenix, Arizona, TILT (Follow Company) is a different kind of MSO focused on B2B sales and supporting MSOs, LPs, and cannabis businesses brands worldwide through a diverse portfolio of technology, hardware, cultivation and production assets. The company spans across 36 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union.

TILT’s core businesses are in the vaporization segment focused on hardware design, research, development and manufacturing and its cannabis operations in Massachusetts, Pennsylvania and Ohio.

TILT Business Lines


Highlights

  • #1 seller of CCELL™ vape technology
  • Operations in 15 countries and 36 states
  • 15+ major public and private MSO customers
  • 4+ major LP customers
  • Disruptive inhalation tech powers more than 700 cannabis brands throughout the world

Growth Strategy

  • Prior investments position TILT for scale throughout 2021
  • Funding growth through cashflow and EBITDA positive operations
  • Opportunity for expansion in multiple markets through cross-selling between inhalation and plant-touching customers

Differentiators

  • Unique multi-state and international operator focused on B2B
  • Turnkey plant touching assets in fast growing markets
  • Leader in vape technology that is now the backbone of the inhalation industry

Institutional Analyst Coverage

Bobby Burleson
Canaccord Genuity

Aaron Grey, CFA, CPA
Alliance Global Partners

Jon Decourcey
Viridian


Curated Stories & News


Visit TILT Holdings, Inc.
at www.tiltholdings.com

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. TILT Holdings, Inc., is a client of NCV Media, LLC. Read our full disclaimer.