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Latest Financial Results

FY 2020

Fiscal Year Ended Dec 31, 2020

Adjusted EBITDA $16.9M

Full-year 2020 Adjusted EBITDA of $16.9 million compared to Adjusted EBITDA loss of $0.8 million in 2019

Cash from operating $34.2

Full-year 2020 cash from operating activities improved $34.2 million compared to 2019

Full-year 2020 cannabis revenue 41%

Full-year 2020 cannabis revenue increased 41% compared to 2019

Full-year cash expenses 30%

Full-year cash expenses decreased 30% compared to 2019

For complete information regarding our financials, see our periodic filings

About TILT Holdings Inc.

TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 35 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter Research LLC, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts and Standard Farms LLC in Pennsylvania and Standard Farms Ohio, LLC in Ohio. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

TILT Holdings Inc.

TILT Holdings Inc. at a Glance

As of as of Jan 20, 2021 • Source: Corporate Presentation
700+

Customers

135+

Dispensaries with our branded products

15

Sales in 15 countries and 35 states

Our Brands

IR Contacts

Company

TILT Holdings Inc.
2801 E Camelback Road
Suite 180
Phoenix, AZ 85016

Investor Relations

Taylor Allison
investors@tiltholdings.com

Transfer Agent

Odyssey Trust Company
835 - 409 Granville Street
Vancouver, BC V6C 1T2
T: 1-888-290-1175
odysseycontact.com