TILT Holdings recently announced $42.4 million in revenue for the first quarter of 2020, after challenging the first 18 months as a public company. The TILT platform is expanding as a result of its diversified market. The Platform serves more than 2,000 cannabis brands and retailers and its market reach span 33 U.S. states, Canada, Israel, Mexico, and markets in South America and Europe. Additionally, Jupiter Research is the largest division of the TILT platform, and it generates the most revenue and focuses on the design, development, and manufacturing of vape technology. While many cannabis companies are starting to downsize and lay off employees, TILT is increasing their revenue and hiring people, according to their CEO Mark Scatterday.
– New Cannabis Ventures, July 16th, 2020