Tilt Holdings Reports $125M Convertible Note Financing

Vertically integrated infrastructure and cannabis company TILT Holdings Inc (OTC: SVVTF) (CSE: TILT) said Tuesday that it has signed a binding term sheet for a private placement of $125 million from a group of institutional investors led by the investment firm UCP.

UCP is based in Toronto and focuses on private equity opportunities in the cannabis, digital media and tech industries.

The investment is in …

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