Tilt Holdings reports increased marijuana revenue, second-quarter loss

Just Released! Get realistic market forecasts, state-by-state insights and benchmarks with the new 2024 MJBiz Factbook member program, now with quarterly updates. Make informed decisions.


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 the Canadian Securities Exchange under the ticker symbol TILT.

More details about the quarterly results can be found here.

For analysis and in-depth looks at the investment trends and deals driving the cannabis industry forward, sign up for our premium subscription service, Investor Intelligence.