TILT Holdings Enters into Licensing Arrangement to Convey

PHOENIX, Feb. 28, 2023 (World NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a worldwide company of cannabis business alternatives that contain inhalation technologies, cultivation, manufacturing, processing, manufacturer improvement, and retail, declared today an distinctive licensing arrangement of a patented stackable cartridge technologies. Jupiter Investigate, LLC (“Jupiter”) will distribute the technological know-how as Thredz™ and is anticipated to launch in the 2nd quarter of this yr.

Thredz is a special adaptation of a 510 cartridge, enabling individuals to connect two cartridges in sequence to make a personalized mix of oils drawn from the cartridges at the same time. The stackable structure of Thredz will allow for brand names to diversify the vaporization working experience when offering buyers the capacity to personalize oil mixtures. Thredz cartridges will integrate with present 510 cartridges and electricity provides.

“Thredz signifies the most current installment in TILT’s on-likely motivation to carry new improvements to marketplace by means of our R&D labs and husband or wife collaboration,” explained Cristina De Tomasi, TILT’s Senior Vice President of Corporate Growth. “We continue on to established ourselves apart by delivering shoppers with primary engineering that make client-centric ordeals. Recognizing that marketplace management, inventor and patent holder Alex Pasternack sought out Jupiter as his lover to bring his thought to marketplace.”

Included De Tomasi, “Our components subsidiary, Jupiter Analysis, will allow TILT to get to properly past people states wherever we retain hashish functions in a way that couple other operators can. By means of partnerships these as this, we are very pleased to provide a extra diverse merchandise portfolio to sector for our shoppers throughout North The usa and overseas.”

For far more facts on Thredz, impending improvements, electric power or all-in-one goods, pay a visit to our web site at www.jupiterresearch.com or e mail at [email protected].

To continue to keep up-to-day, comply with TILT and Jupiter Study on social media:

• Instagram: @tiltholdings        @jupiterresearch
• Twitter: @TILT_Holdings         @we_are_jupiter

About TILT
TILT helps cannabis companies develop models. Via a portfolio of businesses offering know-how, components, cultivation and generation, TILT services brands and cannabis vendors in controlled markets throughout 39 states in the U.S., as nicely as Canada, Israel, South America and the European Union. TILT’s main businesses include Jupiter Investigate LLC, a wholly-owned subsidiary and leader in the vaporization section concentrated on components layout, exploration, enhancement and production and hashish operations, Commonwealth Option Treatment, Inc. in Massachusetts, Standard Farms LLC in Pennsylvania, Standard Farms Ohio, LLC in Ohio, and its partnership with the Shinnecock Indian Country in New York. TILT is headquartered in Phoenix, Arizona. For additional details, visit www.tiltholdings.com.

Forward-Looking Info
This information launch incorporates ahead-wanting facts and statements (with each other, “forward-searching information”) underneath applicable Canadian and U.S. securities guidelines which are dependent on existing expectations. Forward-searching information is presented for the intent of presenting facts about TILT management’s recent anticipations and options relating to the long term and readers are cautioned that this kind of statements may not be suitable for other functions. Forward on the lookout facts may perhaps include things like, without the need of limitation, predicted development, manufacture, distribution, timing and release of foreseeable future item offerings, the opinions or beliefs of management, prospective buyers, possibilities, priorities, targets, objectives, ongoing targets, milestones, tactics, and outlook of TILT, and contains statements about, among other points, future developments, the long term operations, strengths and technique of TILT. Normally, forward-on the lookout information and facts can be identified by the use of forward-hunting terminology these types of as “plans”, “expects” or “does not expect”, “is expected”, “will”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or versions of such text and phrases or point out that certain actions, functions or benefits “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. These statements really should not be browse as assures of upcoming functionality or final results. These statements are dependent on sure materials elements, assumptions and analyses that were being used in drawing a summary or generating a forecast or projection, like TILT’s encounter and perceptions of historical traits, the means of TILT to improve shareholder value, recent situations and expected future developments, as properly as other aspects that are thought to be sensible in the conditions.

Whilst this sort of statements are based on management’s reasonable assumptions at the day these kinds of statements are made, there can be no assurance that it will be finished on the phrases described over and that such ahead-looking data will show to be accurate, as actual final results and foreseeable future activities could differ materially from these expected in these types of ahead-seeking details. Appropriately, visitors really should not location undue reliance on the ahead-searching facts. TILT assumes no duty to update or revise forward-searching facts to replicate new events or situation except demanded by applicable regulation.

By its character, forward-seeking info is topic to threats and uncertainties, and there are a range of hazard elements, quite a few of which are outside of the control of TILT, and that could induce real outcomes to vary materially from these talked over in the ahead-hunting facts. These types of hazard aspects incorporate, but are not minimal to, all those described less than the heading “Risk Factors” in Amendment No. 2 to the Form 10 Registration Statement filed by TILT with the United States Securities and Exchange Fee and on SEDAR at www.sedar.com.

Organization Contact:
Lynn Ricci, VP of Investor Relations & Company Communications
TILT Holdings Inc.
[email protected]

Media Get in touch with:
Leland Radovanovic
Trailblaze
[email protected]

A image accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/3bc7d781-e736-4taxi-98c2-2bffa7b6bafe