TILT Holdings’ Cannabis Sales Steady Despite Supply Disruptions, Are Debt And Stock Dilution Posing Risks?
Vape Hardware Business Impacted
TILT Holdings’ (OTC: TLLTF) first-quarter 2024 results reveal disruptions in the vape hardware segment, which accounts for 71% of the company’s sales in 2023. Pablo Zuanic from Zuanic & Associates notes, “Disruptions on the supply side of the vape hardware business have led to temporarily losing sales opportunities.”
Despite these challenges, the custom business remains robust. The company sees growth opportunities in hemp-derived vapes, remaining the largest CCELL distributor in the U.S.
Zuanic highlights “Jupiter’s status as the largest CCELL distributor in the U.S. and CCELL’s status as the leading technology in vape hardware should bode well for …