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We are moving Tilt Holdings up several notches on the Hedgeye Cannabis position monitor. While Tilt is one of the smaller MSO's, its unique collections of assets and valuation make it a LONG. Tilt trades at a 1x 2022E sales multiple and a 5.6x 2022E EBITDA multiples making it a very undervalued name compared to many others in the Cannabis space.
On the Blackbook call we ran through the current operations and opportunities that we see for the company. The following are our three key thesis points for the company:
