TILT's Bull vs. Bear Case: EBITDA Potential In Its Cannabis Business - Analyst Insights
Portfolio Pulse from Nicolás Jose Rodriguez
Equity research firm Zuanic & Associates has initiated coverage of TILT Holdings (OTC:TLLTF) with an Overweight rating. The firm highlighted the value of TILT's vape hardware franchise and potential synergies between its plant-touching and vape divisions. TILT's cannabis business is gaining momentum in Massachusetts, Ohio, and Pennsylvania. The company's financial stability is also noted, with TILT well-placed to meet its debt maturities until the end of 2025. The firm's bullish case is based on TILT's earnings growth and a reduction in the peer discount.
November 03, 2023 | 3:53 pm
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POSITIVE IMPACT
TILT Holdings receives an Overweight rating from Zuanic & Associates, highlighting the potential of its vape hardware franchise and cannabis business. The company's financial stability and ability to meet its debt maturities until 2025 were also noted.
The Overweight rating from Zuanic & Associates is a positive signal for TILT Holdings. The firm's recognition of the potential of TILT's vape hardware franchise and cannabis business, as well as its financial stability, could boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Curaleaf is mentioned as a key customer of TILT Holdings' Jupiter Research unit, which distributes vape hardware.
While Curaleaf is mentioned as a key customer of TILT Holdings' Jupiter Research unit, the news does not provide any specific information that could directly impact Curaleaf's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
TerrAscend is mentioned as a key customer of TILT Holdings' Jupiter Research unit, which distributes vape hardware.
While TerrAscend is mentioned as a key customer of TILT Holdings' Jupiter Research unit, the news does not provide any specific information that could directly impact TerrAscend's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Verano is mentioned as a key customer of TILT Holdings' Jupiter Research unit, which distributes vape hardware.
While Verano is mentioned as a key customer of TILT Holdings' Jupiter Research unit, the news does not provide any specific information that could directly impact Verano's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50