TILT Deepens California Cannabis Market Penetration with Delivery Expansion
CAMBRIDGE, Mass., April 02, 2019–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: SVVTF), a leading provider of products and services to other businesses operating in the cannabis industry, today announced the expansion of Blackbird Holdings Corp.’s (“Blackbird”) delivery and supply chain services in the greater Los Angeles area covering an addressable population of more than 18 million people and thousands of businesses. Blackbird’s expansion will include on-demand cannabis delivery, positioning Blackbird to become one of the largest direct-to-consumer distributors in the cannabis industry, which complements its significant wholesale presence. Today, Blackbird distributes wholesale product to 80% of the licensed retailers in California and more than 95% of licensed retailers in Nevada.
Blackbird is already in the process of expanding its direct-to-consumer cannabis delivery service, BlackbirdGo.com, in the greater Los Angeles area following the successful implementation of this same last-mile service in Northern California. BlackbirdGo.com provides patients and adult-use customers the ability to order cannabis products for delivery in two hours or less from retailers and brands, as well as a pick-up option for pre-orders. BlackbirdGo.com is a valuable cannabis education resource and consumer marketplace.
A key initiative for Blackbird has been to provide 24-hour fulfillment services for TILT’s category leading vaporizer devices, provided by its wholly owned subsidiary Jupiter Research, LLC (“Jupiter”), to Southern California cannabis brands and retail customers from its L.A. county facility. The integration of distribution fulfillment services will allow Jupiter to further support its more than 760 customers in one of the largest markets in the United States with just-in-time inventory and services. Blackbird is offering these same services to independent manufacturers and brands.
Through its comprehensive technology platform, TILT provides best-in-class distribution services, logistics operations and software solutions for each touchpoint in the cannabis supply chain.
TILT’s integrated business model is designed to empower the industry and help cannabis entrepreneurs establish, build and grow their businesses profitably. With the expansion of Blackbird services in California, as well as the integration of Baker and Blackbird’s suite of software offerings, we are pleased to further support cannabis business owners by providing operations and software solutions that facilitate the movement of cannabis products at each touch point within the supply chain.
Alex Coleman, Chief Executive Officer of TILT
TILT is a leading provider of products and services to businesses operating in the cannabis industry. The Company offers the contract manufacturing of marijuana in a variety of form factors, vaporizer and inhalation devices, business and consumer delivery services and a broad suite of software products for over 1,500 retailers and brands throughout the U.S., Canada and Europe. The majority of TILT’s products are customized to client specifications and branding, all enabling them to operate their businesses more efficiently and connect with their customers more effectively. The Company is organized in two main business units, Software & Services and Consumer Devices & Packaged Goods, designed to augment competencies across the organization in research, manufacturing, packaging and technology to deliver end-to-end services and customer solutions. All of TILT’s products are supported by an extensive research process led by scientists and engineers, using data analytics and discovery to produce new products helping shape the industry. Headquartered in Cambridge, MA, with offices throughout the U.S., Toronto and London, TILT has over 500 employees and has sales in 40 U.S. states, Canada and Europe. For more information, please visit www.tiltholdings.com.