Cannabis company Tilt Holdings Inc. (CBOE:TILT) (OTCQB:TLLTF) reported its financial and operating results Thursday for the three and twelve months ended Dec. 31, 2023, revealing quarterly revenue of $37.5 million, versus $44.3 million in the same period of 2022. The expected decrease in revenue was primarily attributable to the timing of Jupiter order shipments from Smoore, a portion of which was recovered in the first quarter of 2024.

"It has been less than one year since my return to TILT, and we have made foundational progress in that time," stated TILT's chief executive officer, Tim Conder. "Despite the many challenges we faced throughout...