TILT holdings

Scatterday appointed CEO of marijuana tech firm Tilt Holdings

Tilt Holdings, a Massachusetts-based cannabis company with a focus on technology, on Wednesday installed Mark Scatterday as permanent CEO. He had served as the company’s interim CEO since May 2019. In another move, Tilt announced that Chief Operating Officer Tim Conder also will serve as company president. Scatterday told Marijuana Business Daily last September that, in his interim […]

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Tilt Holdings founders to forfeit stock options with cannabis firm

Tilt Holdings, a Massachusetts-based marijuana company, said it reached an agreement with six of its founders to forfeit their stock options. The company said approximately 60 million options were forfeited. The options were associated with more than $47 million of expenses during the second quarter of Tilt’s fiscal 2019. Tilt reported a net loss of […]

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Capitalizing on marijuana markets with limited rivals: Q&A with Tilt Holdings interim CEO Mark Scatterday

Cannabis cultivation companies with a foothold in “constrained” markets – those with relatively few licenses such as Massachusetts – have a natural advantage, thanks to limited competition and marijuana supplies. Massachusetts-based Tilt Holdings is one such company. Tilt has multiple businesses that, among other things, offer cannabis-related technology and operate cultivation centers and retail stores […]

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Tilt Holdings reports increased marijuana revenue, second-quarter loss

Tilt Holdings, a Massachusetts-based company specializing in cannabis technology, reported revenue of $39 million in the second quarter, a 13% increase from the first quarter of 2019. Net loss for the second quarter, ending June 30, was $48.9 million, compared with a net loss of $5.3 million for the prior-year period. Tilt Holdings trades on […]

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Marijuana company Tilt Holdings inks $210 million deal to buy vape tech firm

Tilt Holdings, a Massachusetts company specializing in cannabis technology, cultivation and support solutions, agreed to acquire Jupiter Research, a Phoenix-based vaporization technology business, for $210 million. Tilt CEO Alex Coleman said in a news release the acquisition “is paramount to our goal of consolidating and centralizing services for all industry verticals: cultivation, production and retail.” Founded […]

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