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TILT Holdings Inc. Receives Approval for Additional Cultivation Expansion at its Massachusetts Cultivation and Manufacturing Facility


CAC”). The Company intends to begin cultivation operations in the newly approved space later this month.
“We are pleased to announce the regulatory approval of the second phase of the planned expansion of our 117,000 sq ft cultivation and manufacturing facility in Taunton, Massachusetts,” said
Gary Santo, president of TILT. “We now have more than 56,000 sq. ft. of cultivation space with the ability to add a second grow tier to each of the eight new rooms, pending regulatory approval. Once planted, these additional rooms will fortify the supply of premium flower for our Taunton dispensary, and together with our award-winning kitchen and state-of-the art extraction and processing lab, will support the production and distribution of high-quality, consistent products for our brand partners. As we continue to solidify CAC’s presence in the state, we remain committed to working with the CCC to achieve final state licenses permitting medical dispensary operations at ou ....

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TILT Holdings Inc. Receives Approval for Additional Cultivation Expansion at its Massachusetts ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
TILT Holdings Inc. Receives Approval for Additional Cultivation Expansion at its Massachusetts .
TILT Holdings Inc.March 2, 2021 GMT
Combination of Phase One and Phase Two Expansion More 
Than Doubles Company’s Cultivation Capacity in Commonwealth
Company’s Expanded Facility Supports B2B Brand Strategy While 
Addressing Massachusetts’ Growing Marketplace Demands
PHOENIX, March 02, 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 it received regulatory approval from the Massachusetts Cannabis Control Commission (“CCC”) to commence operation of eight additional grow rooms at its subsidiary, Commo ....

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TILT Holdings Strengthens Compliance Team, Welcoming Nicole Moyers as Vice President of ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
TILT Holdings Strengthens Compliance Team, Welcoming Nicole Moyers as Vice President of .
TILT Holdings Inc.February 18, 2021 GMT
Ms. Moyers served on the Pennsylvania Cannabis Coalition; Mr. Beyea served on the Massachusetts Cannabis Control Commission
PHOENIX, Feb. 18, 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 the appointment of Nicole Moyers as vice president of compliance and Patrick Beyea as director of compliance. Nicole “Nikki” Moyers will report directly to TILT’s General Counsel while Beyea will report to Moyers. ....

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


)
(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 ....

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