Phoenix, March 15, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or “Company”) (NEO: TILT) (OTCQX: TLLTF), Inhalation Technology, Cultivation, Manufacturing, Processing, Brand Development and Retailing Exercise Purchase Options to Own Facilities in Taunton, Massachusetts Signed an amendment (“Amendment”) of the previously announced Final Agreement (“Purchase Agreement”) to. In accordance with the Amendment, TILT has paid to extend the completion of the transaction intended in the Purchase Agreement to a date prior to May 31, 2022. Due diligence periods and deadlines will also be extended by mutually agreed amendments. TILT will decide whether to acquire both Unit A and Unit B of the condominiums that make up the Taunton facility by May 15, 2022. A copy of the fix is available on the company’s SEDAR profile at www.sedar.com.
For more information, please see our original press release issued February 9, 2022.
Inclined Helps cannabis companies build their brand. TILT serves brands and cannabis retailers in 36 US states, Canada, Israel, Mexico, South America and the European Union through a portfolio of companies that provide technology, hardware, cultivation and production. TILT’s core businesses are: Jupiter Research LLC, A wholly owned subsidiary and leader of the vaporization segment with a focus on hardware design, research, development and manufacturing. And cannabis manipulation, Commonwealth Alternative Care, Inc. In Massachusetts Standard Farms LLC In Pennsylvania Standard Farms Ohio, LLC Ohio and its partnership With Shinnecock Indian Nation in New York. TILT is headquartered in Phoenix, Arizona. For more information, please visit: www.tiltholdings.com..
Information about the future outlook
This news release contains information about future prospects based on current expectations. Forward-looking information is provided for the purpose of presenting information about management’s current expectations and future plans, and readers should be aware that such statements may not be suitable for other purposes. please give me. Information on future prospects includes expected conclusions of purchase contracts and their estimated timing, the possibility of purchasing both Unit and B, or Unit A alone, management’s opinions or beliefs, prospects, opportunities, priorities, Includes, but is not limited to, goals, goals, and ongoing goals. , Milestones, strategies, and TILT outlook. In particular, it contains statements about TILT’s future development, operations, expansion, and strategy. In general, information about future prospects is about future prospects such as “plan”, “expect” or “not expect”, “expected”, “budget”, “plan”, “estimate”, “forecast”. It can be identified using terms. , “Intended,” “anticipate,” “unexpected,” “believe,” or variations of such words or phrases, or specific actions, events, or outcomes “possible,” “possible.” “May”, “May”, “May” or “Take”, “Occurs” or “Achieve”. These statements should not be read as a guarantee of future performance or results. These statements are of particular importance applied in drawing conclusions, making forecasts and forecasts, such as TILT’s experience and perception of historical trends, TILT’s ability to expand its business, and expected future developments. Based on factors, assumptions and analysis. As another factor believed to be reasonable in the situation.
Such statements are based on management’s reasonable assumptions at the time such statements were made, but completed under the above conditions, with actual results and future prospects as such. There is no guarantee that the information about is accurate. Events can differ materially from what is expected from such forward-looking information. Therefore, readers should not place excessive reliance on information about future prospects. TILT is not responsible for updating or revising forward-looking information to reflect new events or circumstances, except as required by applicable law.
By its very nature, forward-looking information is vulnerable to risk and uncertainty and has a variety of important factors, many of which are beyond the control of TILT, with actual results being future results. It can be very different. The statement you are looking at.
For forward-looking statements and additional information on related risks, please refer to the Risk Factors and Uncertainties section of our annual information form for the fiscal year ended December 31, 2020. This is in our SEDAR profile. At www.sedar.com.
Lynn Ricci, Vice President of Investor Public Relations and Corporate Communications
TILT Holdings Co., Ltd.
Sean Mansuri, CFA
Juliet Fair Brother
CBJ News Maker
TILT has amended the sales contract for the Canadian Business Journal, a facility in Taunton, Massachusetts.
Source link TILT has amended the sales contract for the Canadian Business Journal, a facility in Taunton, Massachusetts.