November 27, 2022

PHOENIX, Nov. 09, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT”) ( NEO: TILT ) (OTCQX: TLLTF ), a global provider of cannabis business solutions spanning inhalation technologies, cultivation, manufacturing and processing , brand development and retail, announced today that Jupiter Research LLC (“Jupiter Research”) has entered into an exclusive five-year manufacturing, supply and distribution agreement with Curaleaf International Limited (“Curaleaf International”) to develop the Jupiter-manufactured vaporizer Liquid Que ™ to be marketed in new territories abroad for use as a medical device containing extracts developed by Curaleaf International, subject to obtaining regulatory approvals in the relevant territories.

“We are pleased to announce this agreement with Curaleaf International and the resulting expansion of TILT’s distribution footprint in Europe and other global markets,” said Gary Santo, CEO of TILT. “Our track record as an innovator of inhalation devices is strong and together with the size and breadth of Curaleaf International we expect to accelerate the development of these new and promising areas.”

Launched in 2020, the Liquid Que vaporizer is the first standalone pod system to be manufactured by Jupiter Research. With a snap-in pod cartridge, magnetic connection, and rechargeable power supply, the Liquid Que’s innovative design preserves the integrity of high-viscosity extracts at every stage.

Jupiter Research will be Curaleaf International’s exclusive supplier of all vaporizer hardware, cartridges and related accessories, including the Liquid Que, for use with liquid medical cannabis products, initially to the UK and European Union and other territories such as Switzerland and Norway bring , Australia, Israel and the United Arab Emirates to follow. In turn, Curaleaf International will develop each market, coordinate the approval of the formulations and extracts in each territory according to local regulations, and distribute the approved Liquid Que device exclusively in those markets. The Liquid Que is expected to be available in the UK from late 2023.

About TILT Holdings

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

Instagram: @tiltholdings

Twitter: @TILT_Holdings

Forward-Looking Information

This press release contains forward-looking information and statements (collectively, “Forward-Looking Information”) under applicable Canadian and United States securities laws that are based on current expectations. Forward-looking information is provided to present information about TILT management’s current expectations and plans regarding the future and readers are cautioned that such statements may not be appropriate for any other purpose. Forward-looking information may include, without limitation, anticipated new territories and receipt of necessary regulatory approvals in those territories, anticipated processes for development and distribution in new markets, timing of entry into the UK market, management’s opinions or beliefs, prospects, opportunities , priorities, targets, goals, ongoing goals, milestones, strategies and outlook of TILT and contains, among other things, statements about future developments, future operations, strengths and strategy of TILT. Generally, forward-looking information is identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “is expected”, “will”, “budgeted”, “planned”, “estimate”, “forecast”, “intend,” “anticipate,” or “do not anticipate,” or “believe,” or variations of such words and phrases, or state that certain actions, events, or results “may,” “could,” “would,” “could,” or “will.” taken”, “enter” or “be achieved”. These statements should not be read as guarantees of future performance or results. These statements are based on certain material factors, assumptions and analysis used in reaching a conclusion or making a forecast or projection, including TILT’s experience and perception of historical trends, TILT’s ability to maximize shareholder value , current conditions and anticipated future developments , as well as other factors that are considered appropriate under the given circumstances.

Although such statements are based on management’s reasonable assumptions at the time they are made, there can be no assurance that they will be completed on the terms described above and that such forward-looking information will prove to be accurate results and future events may differ materially from those set forth in such forward-looking information Information expected differ. Accordingly, readers should not place undue reliance on the forward-looking information. TILT assumes no responsibility to update or revise any forward-looking information to reflect new events or circumstances, except as required by applicable law.

By its very nature, forward-looking information involves risks and uncertainties and there are a variety of risk factors, many of which are beyond TILT’s control, that could cause actual results to differ materially from those discussed in the forward-looking statements. search information. Such risk factors include, but are not limited to, those described under the heading “Risk Factors” in Amendment No. 2 to the Form 10 Registration Statement filed by TILT with the United States Securities and Exchange Commission and on SEDAR at www.sedar. com.

TILT company contact:

Lynn Ricci, Vice President of Investor Relations and Corporate Communications

Tilt Holdings Inc.

[email protected]

Media contact:

Leland Radovanovic

groundbreaking

[email protected]

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