Tilt Holdings (TSE:TILT) has released an update.
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TILT Holdings Inc. reported decreased revenue and net loss in its Q1 2024 results, citing lower sales and price compressions in certain markets. Despite industry challenges, the company is focusing on customer relationships and preparing for potential growth opportunities, including federal cannabis legislation changes. Additionally, TILT emphasized efforts to strengthen its balance sheet and address debt as part of its strategy for the year.
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