CAMBRIDGE, Mass., October 15, 2019–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today the appointment of Tim Conder, the Company’s Chief Operating Officer (“COO”) and the co-founder of supply-chain technology and operations asset Blackbird Logistics Corporation (“Blackbird”), to the Company’s Board of Directors (the “Board”). While serving as COO of the Company, Mr. Conder has been instrumental in implementing foundational changes to the Company that have led to increased revenue, specifically in the Company’s plant-touching assets, as well as guiding the integration of technology asset Baker Technologies Inc. (“Baker”) into Blackbird.
The Company also announced that Mark Cole has resigned from the Board and Geoff Hamm has resigned from both his role as a director of the Company as well as his position as the Company’s Senior Vice President of Corporate Development. With the addition of Mr. Conder, the Board now has four members.
“Since accepting the role of interim CEO, I have been focused on achieving profitability, refining our strategy to drive growth in our core operating assets, and unlocking shareholder value. Tim has a deep understanding of our Company and its operating assets, and has been an essential part of the restructuring and refocusing taking place and I am excited to have him on the Board. With these Board rearrangements and management changes, I am confident in the Company’s sustained success.”
To learn more about TILT Holdings Inc. visit www.tiltholdings.com.
About TILT
TILT Holdings serves cannabis brands worldwide through a strong network of portfolio companies committed to technological innovations that support long-term success. TILT services more than 2,000 brands and cannabis retailers across 33 states in the U.S., as well as in Canada, Israel, Mexico, South America and the European Union. As a market leader in cannabis technology and related products and services, the Company’s core assets include wholly-owned subsidiaries Jupiter, a company that focuses on the vast potential of inhalation through innovative design, development and manufacturing; Blackbird, a company that provides operations and software solutions for wholesale and retail distribution; and Baker, a CRM platform helping dispensaries grow their business. The Company also owns cannabis operations in states including Massachusetts, led by Commonwealth Alternative Care, Inc.; and in Pennsylvania, led by Standard Farms, LLC. Headquartered in Cambridge, Massachusetts, with offices throughout the U.S., and London, TILT has over 400 employees and has sales in the U.S., Canada and Europe. For more information, visit www.tiltholdings.com.
