Tilt Holdings, a Massachusetts-based marijuana company being investigated for allegedly trying to control more than the state-allowed three cannabis stores, has backed off the practices that got it into trouble with authorities.
Now, Tilt plans to renegotiate the “strings-attached” contracts and replace them with simple loans.
Some observers contended Tilt’s contracts were designed to give the company control of cannabis firms that appeared to operate independently.
More details about this situation are available here.
Cannabis companies emerge from deadly outbreak with greater focus on technology.