April 15, 2021 at 7:24 am Published by NCV Newswire
TILT Holdings Reports Fourth Quarter and Full-Year 2020 Financial Results Including First Full-Year of Positive Adjusted EBITDA
Full-year 2020 Adjusted EBITDA of $16.9 million compared to Adjusted EBITDA loss of $0.8 million in 2019
Full-year 2020 cash from operating activities improved $34.2 million compared to 2019
Full-year 2020 cannabis revenue increased 41% compared to 2019
Full-year cash expenses decreased 30% compared to 2019
PHOENIX, April 15, 2021 (GLOBE NEWSWIRE) TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF) a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development and retail, reported its financial and operating results for the three and twelve-months ended December 31, 2020. All financial information is provided in U.S. dollars except where otherwise indicated. Re
TILT Holdings Reports Fourth Quarter and Full-Year 2020 Financial Results Including First Full-Year of Positive Adjusted EBITDA
TILT Holdings Inc. (âTILTâ or the âCompanyâ) (CSE: TILT) (OTCQB: TLLTF) a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development and retail, reported its financial and operating results for the three and twelve-months ended December 31, 2020. All financial information is provided in U.S. dollars except where otherwise indicated. Results of Yaris Acquisition, LLC and its subsidiaries (together, âBlackbirdâ) have been reclassified as discontinued operations on the income statement and statement of cash flows. All periods have been updated to reflect this change.