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, has signed an amendment (the “Amendment”) to its previously announced definitive agreement to exercise its purchase option for ownership of its Taunton, Mass. facility (the “Purchase Agreement”). Pursuant to the terms of the Amendment, TILT paid to extend the closing of the transactions contemplated by the Purchase Agreement to a date that is on or before May 31, 2022. The mutually agreed-upon Amendment also extends the due diligence period and the deadline to determine whether TILT will acquire both Unit A and Unit B of the condominium comprising the Taunton facility until May 15, 2022. A copy of the Amendment will be available on the Company’s SEDAR profile at www.sedar.com.
More information is available in the Company’s original press release, issued February 9, 2022.
