TILT.CN - TILT Holdings Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
0.3900
+0.0600 (+18.18%)
At close: 3:59PM EDT
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Previous Close0.3300
Open0.3400
Bid0.3900 x 0
Ask0.3950 x 0
Day's Range0.3350 - 0.4050
52 Week Range0.2300 - 4.0000
Volume617,564
Avg. Volume582,370
Market Cap74.181M
Beta (3Y Monthly)-20.09
PE Ratio (TTM)N/A
EPS (TTM)-2.1900
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire

    TILT Holdings Announces Progress in Adult-Use Retail Licensing in Massachusetts

    TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today that its plant-touching operating asset Commonwealth Alternative Care (“CAC”) has received local approval(i) for adult-use cannabis sales at its retail store in Taunton, Massachusetts. CAC began selling cannabis to patients through the Massachusetts Medical Use of Marijuana program in August of 2018. Legislation in Massachusetts was passed in late 2016 legalizing adult-use cannabis although the program faced delays and sales only began in November of 2018.

  • Business Wire

    TILT Holdings Names COO Tim Conder to Board of Directors

    TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today the appointment of Tim Conder, the Company’s Chief Operating Officer (“COO”) and the co-founder of supply-chain technology and operations asset Blackbird Logistics Corporation (“Blackbird”), to the Company’s Board of Directors (the “Board”). While serving as COO of the Company, Mr. Conder has been instrumental in implementing foundational changes to the Company that have led to increased revenue, specifically in the Company’s plant-touching assets, as well as guiding the integration of technology asset Baker Technologies Inc. (“Baker”) into Blackbird.

  • Business Wire

    TILT Holdings Announces Forfeiture of 60 Million Stock Options from Founders

    TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today that the Company has negotiated an agreement with six of its remaining founders regarding the immediate forfeiture of all 60,217,088 stock options granted at the time of the merger, as well as the final separation of most of these founders from the Company. During the second quarter of fiscal 2019, the Company reported stock-based compensation expense of greater than $47 million associated with these now forfeited stock options.

  • MarketWatch

    Massachusetts-based cannabis company Tilt says vaping ban in that state will have little impact on business

    Tilt Holdings Inc. said Thursday the temporary vaping ban in its home state of Massachusetts should have little to no impact on its revenue and growth in the short term. The Cambridge-based company, which describes itself as a technology cannabis platform, said the four-month ban will prevent it from selling Jupiter Research LLC products in the Commonwealth, but said those account for less than 2% of Jupiter's overall annual revenue, citing internal company data. The company said the ban, which comes after an outbreak of a serious lung illness that has killed at least eight people and sickened more than 530 and is believed to be linked to vaping, will also have little effect on its subsidiary Commonwealth Alternative Care. "In the long term, we believe this is an opportunity for regulatory bodies to eliminate many of the unsafe products on the market in Massachusetts," the company said. Patients have told doctors they had vaped THC-based products, mostly acquired in the black market, and cannabis companies have urged a greater crackdown on black market activities in its wake. U.S.-listed shares of Tilt are trading at 28 cents and have shed 89% of their value in 2019.

  • Business Wire

    TILT Holdings Comments on Ongoing Vaping Issues and Temporary Vape Ban in Massachusetts

    TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, released the following statement today from the Company’s interim CEO Mark Scatterday, regarding recent media coverage of vaping issues and a temporary vape ban in Massachusetts. “While the four month ban on vape products in Massachusetts means we will not be selling Jupiter Research, LLC (“Jupiter”) products in that market, the state represents less than 2% of Jupiter’s overall annual revenue according to internal company data. “In addition, we do not expect the ban on vape products to have a material impact on the revenue of TILT subsidiary Commonwealth Alternative Care (“Commonwealth”).

  • Business Wire

    Blackbird’s New Social Equity Program Removes Barriers to Entry to Legal Cannabis Market for Disadvantaged Entrepreneurs

    TILT Holdings’ (TILT.CN) (OTCQB:TLLTF) subsidiary Blackbird, a software and operations company servicing the cannabis industry, unveiled its new Blackbird Social Equity Program to address racial inequality and remove barriers to entry to the regulated cannabis market. Decades of cannabis prohibition disproportionately impacted black and brown communities.1 As the legal recreational cannabis market now takes hold, the industry has not done nearly enough to engage these disenfranchised communities to ensure their inclusion in this rising economy. “Research from Marijuana Business Daily shows that 80 percent of cannabis business owners and founders are white.

  • Business Wire

    TILT Holdings Launches Rebranding Campaign With New Website to Reflect Renewed Focus and Strategy

    TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today the launch of the Company’s rebrand that includes a newly redesigned website highlighting their renewed business focus. The website redesign offers a clean and easy-to-understand platform, allowing visitors to easily navigate through the Company’s subsidiaries while reflecting the overall Company’s vision and capabilities.

  • Business Wire

    TILT Releases Shareholder Letter from Interim CEO

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (TLLTD), a foundational technology cannabis platform comprised of assets to support brands worldwide, released the following letter today from the Company’s interim Chief Executive Officer Mark Scatterday. I would like to take this opportunity to provide a brief update to our valued shareholders as a part of my commitment to further communication and transparency. Unlocking shareholder value remains the cornerstone of the goals I have for the organization during my tenure as interim Chief Executive Officer.

  • Business Wire

    TILT Holdings Announces Ticker Symbol Change to “TLLTF” on OTCQB Exchange

    TILT Holdings Inc. , a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today that effective immediately the Company’s ticker symbol on the OTCQB Markets has changed from “SVVTF” to the symbol “TLLTF”.

  • Business Wire

    TILT Holdings Announces Marshall Horowitz as General Counsel

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (SVVTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today the appointment of Marshall P. Horowitz as General Counsel. Mr. Horowitz will be responsible for providing TILT’s senior management with legal advice that informs the Company's business strategy and its implementation.

  • CNW Group

    Horizons ETFs Rebalances Marijuana-Focused ETFs

    Horizons ETFs Rebalances Marijuana-Focused ETFs

  • Business Wire

    TILT Added to the Horizons US Marijuana Index ETF

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (SVVTF), a leading provider of products and services to businesses operating in the US cannabis industry, today announced that its shares have been included in the Horizons US Marijuana Index ETF (HMUS/HMUS.U). “We are pleased with our inclusion in the Horizons US Marijuana Index,” said Mark Scatterday, Chairman and Interim CEO of TILT Holdings. The Horizons US Marijuana Index ETF seeks to replicate, to the extent possible, the performance of the US Marijuana Companies Index, net of expenses.

  • Business Wire

    TILT Achieves Key Milestone in Distribution Services with Blackbird Business Unit Completing Deliveries to Every Licensed Dispensary in California and Nevada

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (SVVTF), a leading provider of products and services to businesses operating in the US cannabis industry, today announced that its subsidiary Blackbird Logistics Corporation (“Blackbird”) has delivered cannabis products to every licensed cannabis dispensary in California and Nevada, totaling more than 600 retail locations.

  • Business Wire

    TILT Concludes First Annual General and Special Meeting of Shareholders

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (SVVTF), a US-focused cannabis company, today announces the appointment of current Board member and interim Chief Executive Officer, Mark Scatterday, as Chairman of the Board of Directors of the Company (the “Board”), as well as the results of the annual general and special meeting of shareholders of TILT (“Shareholders”) held yesterday in Cambridge, Massachusetts (the “Meeting”).

  • Business Wire

    TILT Announces Voluntary Founders’ Lock-up Agreement

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (SVVTF), a leading provider of products and services to businesses operating in the cannabis industry, today announced that certain Company founders and insiders, including Alex Coleman, Robert Leidy, Kevin McCluskey, Joel Milton, Geoff Hamm and Mark Scatterday, (together, the “Locked-up Shareholders”) have entered into an additional, extended lock-up period pursuant to the terms of a second lock-up agreement. The Locked-up Shareholders have entered into a voluntary agreement (the “Lock-up Agreement”) dated June 5, 2019 among themselves, the Company and an escrow agent in respect of 80,340,640 common shares in the capital of the Company (“Common Shares”) or securities convertible into Common Shares (the “Locked-up Securities”), representing 18.6% of the voting shares of the Company, assuming the conversion or exercise of all issued and outstanding compressed shares, options to purchase Common Shares and other securities convertible into or exchangeable for Common Shares.

  • Business Wire

    TILT Releases Letter from CEO Responding to Investor Concerns

    TILT Holdings Inc. (“TILT” or the “Company”) (TILT.CN) (SVVTF), a leading provider of products and services to businesses operating in the cannabis industry, today released a letter from the Company’s Interim Chief Executive Officer, Mark Scatterday. In stepping into TILT’s CEO role last month, I shared that one of my operational priorities was committing our organization to regular shareholder communication and updates. While I won’t make it a regular practice to comment on daily stock price movements, I have observed there remains a great deal of confusion out in the market around TILT.