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