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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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Die Welt steht vor einer Steuerrevolution

Die Welt steht vor einer Steuerrevolution
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Hotel industry: Revenues $83 billion below 2019 levels

Hotel industry: Revenues $83 billion below 2019 levels
4 weeks ago
Although hotels implemented increased safety and sanitation measures and adapted to a post-COVID world, recovery to pre-pandemic levels could take years.
The global hotel industry’s revenue plunged to $198.6 billion in 2020, a massive 46% drop year-over-year
The number of users in the hotel industry halved amid the COVID-19 pandemic
The ongoing pandemic continues causing huge disruptions to the global hotel industry. Although hotels implemented increased safety and sanitation measures and adapted to a post-COVID world, recovery to pre-pandemic levels could take years.
According to latest data, the revenues of the global hotel industry are expected to grow by 43.4% year-over-year and reach $284.7bn in 2021, still $83bn less than in 2019. ....

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