TILT Holdings’ Commonwealth Alternative Care Places in the Cultivators Cup in Massachusetts

Rhea-AI Summary

TILT Holdings Inc. announced that its subsidiary, Commonwealth Alternative Care Inc., secured third place in the 'Solvent Concentrates' category at the Massachusetts Cultivators Cup. The event, held over Labor Day weekend, featured submissions from ten licensed cultivators. TILT's NF1 Badder, a cannabis strain crossbred from Northern Lights and Chemdawg, was recognized for its quality. This award follows previous accolades at the 2022 NECANN Competition, highlighting TILT's commitment to producing award-winning cannabis products.

Positive

• Third place recognition at the Cultivators Cup enhances brand visibility.
• NF1 Badder's success builds on prior awards, indicating strong product quality.
• Demonstrates TILT's effective cultivation and manufacturing processes.

Negative

• None.

Takes Third Place in Solvent Concentrates with NF1 Badder

PHOENIX, Sept. 06, 2022 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that Commonwealth Alternative Care Inc. (“CAC”) placed at this year’s Cultivators Cup in Massachusetts.

Held over Labor Day weekend, TILT’s CAC took third place in the “Solvent Concentrates” category with our NF1 Badder The competition comprised of ten submissions from across Massachusetts’ licensed cultivators and manufacturers selected to be in the Judges Kit. Our NF1 Badder is a cross of Northern Lights and Chemdawg, offering physical relaxation with mental uplift. Placing at Cultivators Cup builds on the gold and silver awards won at the 2022 NECANN Competition for best solvent concentrate and edible.

“The Cultivators Cup is the People’s Choice Awards of cannabis, and New Englanders have spoken; we cultivate and manufacture trophy-worthy cannabis,” said Gary Santo, TILT CEO. “Our team has worked hard to elevate and refine our cannabis process from soil-to-sale. This cup is a loud signal that we are achieving our goals and providing quality cannabis to patients and consumers across Massachusetts.”

The Cultivators Cup awards recognize top cultivators, manufacturers and brands in Massachusetts across a handful of categories, including flower, concentrates, edibles and more - all judged by consumers. To determine the winners, consumers purchased judge kits containing samples of contestants' submissions and submitted scorecards for each product.

Patients and consumers interested in trying NF1 Badder can visit any of the three CAC stores in Taunton, Brockton and Cambridge location or go online for pick-up or delivery at www.commonwealthaltcare.org. Dispensaries in Massachusetts interested in our award-winning products or other brand partner portfolio products from 1906, Airo, Black Buddha Cannabis, Her Highness, Highsman, Old Pal, Toast and Timeless Refinery should contact our wholesale team to order or save a spot on our launch list.

About TILT

TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 37 states in the U.S., as well as Canada, Israel, South America and the European Union. TILT’s core businesses include Jupiter Research LLC, a wholly-owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts, Standard Farms LLC in Pennsylvania, Standard Farms Ohio, LLC in Ohio, and its partnership with the Shinnecock Indian Nation in New York. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

Company Contact:
Lynn Ricci, VP of Investor Relations & Corporate Communications
TILT Holdings Inc.
lricci@tiltholdings.com

Investor Relations Contact:
Sean Mansouri, CFA
Elevate IR
TILT@elevate-ir.com
720.330.2829

Media Contact:
Leland Radovanovic
Trailblaze
TILT@trailblaze.co

FAQ

What recognition did TILT Holdings Inc. receive at the Cultivators Cup?

TILT Holdings Inc.'s subsidiary, Commonwealth Alternative Care, won third place in the 'Solvent Concentrates' category for its NF1 Badder.

When was the Cultivators Cup event held?

The Cultivators Cup event took place over Labor Day weekend.

What is NF1 Badder and what are its notable characteristics?

NF1 Badder is a cannabis strain cross of Northern Lights and Chemdawg, known for physical relaxation and mental uplift.

How does TILT Holdings Inc. plan to capitalize on their success at the Cultivators Cup?

TILT can leverage this recognition to enhance brand visibility and attract more consumers to their NF1 Badder product.

Which companies does TILT Holdings Inc. operate in conjunction with?

TILT supports cannabis businesses through its subsidiary companies, including Commonwealth Alternative Care.