TILT Holdings Announces up to US $35M Shareholder Backed Financing
“TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, today announced that it has closed a private placement (the “Financing”) of up to US$35 million of senior secured notes (the “Notes”) from a syndicate consisting of existing shareholders and new investors (the “Financing Syndicate”). The first close was $25.6M. Any further closing of up to $9.4M would take place within 45 days, subject to approvals from both the Company and the Financing Syndicate. Mark Scatterday, the Company’s Interim CEO, and other insiders participated in the Financing.”
Read full press release: https://investors.tiltholdings.com/press-releases/detail/70/tilt-holdings-announces-up-to-us-35m-shareholder-backed
Business Wire: TILT Holdings Announces Host Community Payment to City of Taunton for Commonwealth Alternative Care
“Commonwealth Alternative Care is a welcome addition to Taunton and its residents,” said Taunton Mayor Tom Hoye. “CAC is bringing new, well-paying jobs to the area, as well as high-quality products to the citizens of Massachusetts. We appreciate this initial Host Community Payment to further support Taunton’s essential city services, and we look forward to our continued positive relationship.”
“We are delighted to serve the people of Massachusetts and are very pleased with our productive relationship with Mayor Hoye and the city of Taunton,” said Alex Coleman, Chairman and CEO of TILT. “We are committed to supporting the local communities in which we operate and are excited about our ongoing partnership as we expand our operations in Taunton and throughout the Commonwealth.”