TILT Holdings Signs Definitive Agreement to Divest Retail Locations in Massachusetts to In Good Health for $2 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2025
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Source: Newsfilter
TILT Holdings Divestiture: TILT Holdings Inc. has signed an Asset Purchase Agreement to divest two dispensaries in Massachusetts, transitioning ownership of the Taunton location to In Good Health and shutting down the Brockton dispensary for $2 million, as part of a strategy to streamline operations and enhance its vape hardware business.
Future Plans and Strategic Review: The transaction is expected to close in the first half of 2025, pending regulatory approvals, while TILT continues to explore strategic alternatives for its plant-touching assets across multiple states and optimize its Jupiter Research subsidiary.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
