TILT Holdings Inc. (Cboe: TILT) (OTC:TLLTF), a cannabis technology, hardware, cultivation and production company headquartered in Phoenix, Arizona, announced its financial results Friday for the three months ended June 30, 2024. The company attributed revenue decline primarily to challenges within its Jupiter hardware business, which is undergoing a transition to a just-in-time production model. Q2 2024 Financial Highlights Revenue was $26.6 million, compared to $41.6 million in the prior year period. Net loss was $35.9 million, compared to a net loss of $26.9 million in the same period last year. Adjusted EBITDA loss was $1.2 million, compared to $1.5 million in Q2 2023. Gross profit was $4.3 million, compared to $4 million in the prior year period. Read Also: U.S. Cannabis Sales Hit Record High in June: LeafLink ...