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Quarter Ended Mar 31, 2022
Revenue was $42.4 million
Gross profit before fair value adjustments was $9.4 million or approximately 22% of revenue
Adjusted EBITDA was $1.5 million
For complete information regarding our financials, see our periodic filings
TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 36 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter Research, a wholly-owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care in Massachusetts, Standard Farms in Pennsylvania and Ohio, and its partnership with the Shinnecock Indian Nation in New York. TILT is headquartered in Phoenix, Arizona.