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TILT Holdings' Bold Financing Move: How This Cannabis Company's Escalating Interest Rates Impact Its PA Operations

Benzinga ·  May 10 05:19

TILT Holdings Inc.(OTC:TLLTF) has secured a financing arrangement with an experienced retail operator for its subsidiary,Standard Farms, to expand in Pennsylvania.

Since 2019, Standard Farms has established a strong presence in Pennsylvania, providing products to most state dispensaries.

"We applaud the Commonwealth for providing a positive path forward for a small independent grower like TILT's Standard Farms to compete in this vibrant marketplace," said Tilt CEOTim Conder.

This strategic funding will enhance TILT's market position significantly, leveraging its existing infrastructure and market knowledge to optimize the new operations.

Financial Terms And Strategy

Under the terms...

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