Tilt Holdings expansion of partnership with Airo Brands

TILT Holdings (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced the expansion of its partnership with Airo Brands to bring its inhalation products and pod cartridges to the Pennsylvania market by early summer.

Through the expanded partnership, Jupiter Research will continue to provide its proprietary hardware for Airo’s AiroPro and AiroX devices, as well as AiroPod cartridges, while Standard Farms PA, LLC will produce and fill high-quality cannabis oil for Airo’s AiroPod cartridges, demonstrating TILT’s ability to leverage the synergies between its companies to deliver a valuable and collaborative B2B experience. The partnership will help meet Pennsylvania’s demand for quality vape products, which is the second-Largest product category in the state with 35% market share.

Would you be interested in covering the new agreement? Please let me know, and I’d be happy to connect you with TILT President Gary Santo to discuss the partnership further.

Thanks + look forward to your thoughts, Juliet

 

TILT Holdings Inc. Announces Exclusive Contract to Manufacture and Distribute Airo Brands in Pennsylvania Through its Subsidiary, Standard Farms

TILT Continues to Execute on its Brand and Cross-Selling Strategy, Partnering with One of Jupiter’s First and Largest Clients to Launch AiroPro, AiroX and AiroPod Cartridges in Pennsylvania Market in Early Summer

Partnership Will Help Meet the State’s Demand for Quality Vape Products, Which is the Second-Largest Product Category in the State with 35% Market Share

PHOENIX, Arizona, May 24, 2021 — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced the expansion of its partnership with Airo Brands (“Airo”), a multi-state CPG company focused on proprietary inhalation products. Airo is one of Jupiter Research LLC’s (“Jupiter”) earliest customers, licensing  exclusive Jupiter products since 2016 and collaborating on proprietary inhalation technologies. Through this broader partnership with TILT and its subsidiary Standard Farms PA, LLC (“Standard Farms”), Airo will look to enter the Pennsylvania market by early summer.

Airo is a  leading cannabis inhalation brand, available in more than 1,250 dispensaries across the U.S. and Puerto Rico. According to Headset, Airo is the largest inhalation brand in Nevada and has been the monthly sales leader over the past year. Airo is also one of the top selling brands in several other markets, including Illinois, Colorado, Washington and Maryland. Jupiter will continue to provide its proprietary hardware for Airo’s AiroPro and AiroX devices, as well as AiroPod cartridges, while Standard Farms will produce and fill high-quality cannabis oil for Airo’s AiroPod cartridges to be sold at retailers across Pennsylvania, pending regulatory product approval.

“We are thrilled to bring a forward-thinking brand such as Airo to the Pennsylvania market,” said Gary Santo, president of TILT. “This partnership not only delivers on TILT’s brand strategy, but also demonstrates our ability to cross-sell existing customers of our plant touching and non-plant touching businesses by leveraging Jupiter’s long-term inhalation technology license agreement with Airo to bring differentiated cannabis products to retailers in the state. As we continue to transition from a holding company to an operating company, we plan to engage all aspects of our organization to provide a collaborative B2B experience for multi-state operators, licensed producers and cannabis retailers.”

“We are excited to announce our expanded partnership with TILT in Pennsylvania, which provides a great opportunity to broaden the synergies between Airo and TILT beyond our successful and ongoing relationship with the Jupiter team,” added Airo CEO, Richard Yost. “To ensure Airo’s high quality standards are met at scale, we select one exclusive partner in each market we enter. Standard Farms’  production capabilities and distribution reach, coupled with our close relationship with Jupiter, made the partnership an easy decision.”

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 36 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT’s core businesses include Jupiter, 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 in Pennsylvania and Standard Farms in Ohio. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

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