PHOENIX, June 09, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis-related business solutions that include advanced of inhalation, cultivation, manufacturing, processing, brand development and retail, today announces the results of TILT’s annual and special general meeting of shareholders (the “Shareholders”) held virtually on Thursday June 9, 2022 (the “Meeting”).
The Company proposed the following resolutions for the vote of shareholders at the Meeting, all of which were approved: (i) to elect the directors of the Company to serve until their successors are elected at the next annual general meeting of the Company; (ii) to appoint Macias Gini & O’Connell LLP (“MGO”) as auditors of the Company for the coming year; (iii) the authorization of the board of directors of the Company (the “Board”) to fix the remuneration of MGO; and (iv) to approve certain amendments to the Company’s 2018 Stock Incentive Plan, as amended and restated on July 24, 2020 (the “Stock Incentive Plan”).
Election of Directors:
Each of the directors elected at the meeting, namely Mark Scatterday, Tim Conder, Jane Batzofin, Mark J. Coleman, John Barravecchia and D’Angela Simms, will hold office until the next annual general meeting of the Company or until to their previous resignation. or kidnapping.
Appointment of auditors:
MGO was appointed auditor of the Company for the following year.
Authorization to remunerate the Statutory Auditors:
The Board is authorized to set MGO’s remuneration.
Amendment to the stock incentive plan:
Certain amendments to the stock incentive plan have been approved.
On June 9, 2022, the Company filed a report of voting results on all resolutions voted on at the Meeting on www.sedar.com.
INCLINE helps cannabis companies build brands. Through a portfolio of companies supplying technology, hardware, cultivation and production, TILT service brands and cannabis retailers in 37 states across the United States, as well as Canada, Israel, South America South and in the European Union. TILT’s main activities include Jupiter Research LLC, a wholly-owned subsidiary and vaporizer segment leader 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.
Lynn Ricci, Vice President of Investor Relations and Corporate Communications
TILT Holdings Inc.
Contact with Investor Relations:
Sean Mansouri, CFA