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An announcement from TILT Holdings Inc ( (TSE:TILT) ) is now available.
TILT Holdings Inc. has signed an Asset Purchase Agreement to divest two dispensaries in Massachusetts for $2 million, as part of its strategy to optimize its balance sheet and operating expenses. The sale to In Good Health marks a significant step in TILT’s plan to focus on its Jupiter business, while In Good Health expands its footprint in Massachusetts by adding the Taunton dispensary to its portfolio.
More about TILT Holdings Inc
TILT Holdings Inc. is a global provider of cannabis business solutions, including inhalation technologies, cultivation, manufacturing, processing, brand development, and retail. The company focuses on streamlining operations and enhancing its vape hardware business, Jupiter Research, by exploring strategic alternatives for its plant-touching business.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$213.8M
For detailed information about TILT stock, go to TipRanks’ Stock Analysis page.
