Tilt Holdings (OTC: TLLTF), led by interim CEO Tim Conder has undertaken significant cost-cutting measures and shifted its focus towards the cannabis company's vape hardware business.

The expense reduction campaign, which included layoffs, is expected to save the Phoenix-based multi-state operator $8 million annually.

Tilt also terminated its $1.4 million joint venture with the Shinnecock Indian Nation in New York, opting out of plans to open a Native American tribe-associated store.

Conder told MJBizDaily that during his second stint as a Tilt executive, he aims to <a …

Full story available on Benzinga.com

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