TILT Holdings Eyes Growth After Streamlining Operations
Company Announcements

TILT Holdings Eyes Growth After Streamlining Operations

Tilt Holdings (TSE:TILT) has released an update.

TILT Holdings, a key player in the cannabis industry, reports a year of operational streamlining and cost savings, achieving a significant $8 million reduction in annual expenses compared to the previous year. Despite a temporary setback in Q4 revenue due to delayed shipments, TILT anticipates growth with a strong demand for its Jupiter products. The company also announced strategic partnerships and product launches, signaling a pivot towards revenue growth in 2024.

For further insights into TSE:TILT stock, check out TipRanks’ Stock Analysis page.

Related Articles
Brian AndersonTILT Upcoming Earnings Report: What to Expect?
TipRanks Canadian Auto-Generated NewsdeskTILT Holdings Schedules Q3 Earnings Call
TipRanks Auto-Generated NewsdeskTILT Holdings Inc. Announces Leadership Change Amid Strategy Shift
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App