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Strong Cannabis Operations Growth Helps Drive TILT Holdings Q1 Revenue 15% Higher to $46 8 Million – New Cannabis Ventures

May 25, 2021 at 4:34 pm Published by NCV Newswire Record Q1 Revenue of $46.8 Million up 15% YoY and 11% QoQ Record Adjusted EBITDA of $6.2 Million up 28% YoY and 36% QoQ Reiterates 2021 Guidance of Revenue Between $205 – $210 Million and Adjusted EBITDA Between $30 -$32 Million PHOENIX, May 25, 2021 (GLOBE NEWSWIRE) TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, reported its financial and operating results for the three-months ended March 31, 2021. All financial information is provided in U.S. dollars unless otherwise indicated. “Our first quarter results reflect another period of strong execution as we continue to build an integrated B2B cannabis company that partners with leading MSOs, LPs and cannabis brands,” said Gary Santo, President of TILT.

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