How a freshly grown cannabis company managed to lose $500 million in less than a monthPosted by On

As Tilt Holdings Inc. completed a four-way reverse merger and began trading on the Canadian Securities Exchange late last year, the U.S.-based cannabis producer claimed the value of its disparate parts was roughly $500 million.

A month later, the pot company had a slightly different valuation for those same businesses: About $7 million.


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