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TILT Holdings Reports Results of 2025 Annual General Meeting of Shareholders

MWN-AI** Summary

TILT Holdings Inc., a leading provider of cannabis business solutions, announced the results of its 2025 Annual General Meeting of Shareholders held virtually on June 17, 2025. The meeting concluded with shareholders approving several key proposals aimed at enhancing the company’s governance and operational effectiveness.

The primary resolutions included the election of five directors who will serve until the next annual meeting. The elected directors are John Barravecchia, Tim Conder, Marshall Horowitz, George Odden, and Arthur Smuck, with voting results showing significant support for each nominee. Barravecchia received 27,668,954 votes in favor while Conder garnered 27,413,775 votes.

Additionally, shareholders voted to re-appoint Haynie & Company as the company’s auditors for the upcoming year. The resolution also grants the board the authority to determine the auditors' remuneration. This proposal passed with 71,016,893 votes in favor, indicating strong consensus among shareholders.

TILT Holdings operates a diversified portfolio within the cannabis industry that includes cultivation, manufacturing, and brand development, with subsidiaries like Jupiter Research LLC leading in vaporization technology. The company is a recognized multi-state operator with facilities across various states under its brands, Commonwealth Alternative Care and Standard Farms.

The firm has filed the detailed voting results for all proposals on SEDAR+ for public access. For further inquiries, TILT’s Investor Relations and Corporate Communications contacts are available for engagement. As the company continues to navigate the evolving cannabis landscape, these initiatives reflect its commitment to strong governance and strategic growth. For more information, visit their official website at www.tiltholdings.com.

MWN-AI** Analysis

TILT Holdings Inc. (Cboe CA: TILT) has recently reported the outcomes of its 2025 Annual General Meeting, signaling a positive phase for the company. With all proposed measures approved, including the election of five new directors and the re-appointment of Haynie & Company as auditors, this suggests shareholder confidence in the management team's direction.

Investors should note that the election results indicate a solid majority for each director, which generally reflects stability and continuity in leadership. John Barravecchia and his team bring a wealth of experience in the cannabis sector, critical for navigating the complex regulatory landscape and market dynamics. Their governance is crucial, especially in a sector facing potential regulatory changes and increasing competition.

Furthermore, TILT’s strategic focus on technology and hardware, particularly through its subsidiary Jupiter Research LLC, positions the company well in the burgeoning cannabis market. Jupiter, known for leading vaporization technology, is a significant asset, providing TILT with a competitive edge. This is a pivotal advantage as consumer preferences shift toward efficient and innovative consumption methods.

From a financial standpoint, TILT’s recent decisions may enhance operational transparency and investor relations, potentially driving share value. The approval for auditors to fix remuneration can streamline financial management while ensuring rigorous oversight, essential for maintaining investor trust.

Market-wise, TILT's diverse portfolio across cultivation, manufacturing, and retail not only reduces risks associated with market fluctuations but also aligns with the growing acceptance of cannabis globally. As legislative trends toward legalization continue, TILT could see increased demand for its products and services.

In conclusion, TILT Holdings presents a compelling investment opportunity within the cannabis sector, bolstered by a trusted leadership team and a diversified business model. Investors should consider TILT for their portfolios, especially as market dynamics evolve favorably for the cannabis industry.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

PHOENIX, June 18, 2025 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA: TILT ) (OTCPK: TLLTF ), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announces the results of the 2025 annual general meeting of shareholders of TILT (the “Shareholders”) held virtually on Tuesday, June 17, 2025 (the “Meeting”).

The Company put forward the following proposals to be voted on by the Shareholders at the Meeting, all of which were approved: (i) to elect five directors of the Company to hold office until their successors are elected at the next annual general meeting of the Company; and (ii) to re-appoint Haynie & Company (“Haynie”) as the auditors of the Company for the ensuing year and to authorize the board of directors of the Company (the “Board”) to fix Haynie’s remuneration.

Election of Directors:

The shareholders approved the elections as directors of the persons listed below, based on the following vote.

Nominee Votes For Withheld
John Barravecchia 27,668,954 3,874,959
Tim Conder 27,413,775 4,130,138
Marshall Horowitz 26,940,387 4,603,526
George Odden 27,413,392 4,130,521
Arthur Smuck 27,456,480 4,087,433


Each of the directors elected at the Meeting, John Barravecchia, Tim Conder, Marshall Horowitz, George Odden, and Arthur Smuck will hold office until the next annual general meeting of the Company or until his or her earlier resignation or removal.

Re-Appointment of Auditors and Authorization of Auditors’ Remuneration:
Haynie & Company was re-appointed as auditors of the Company for the ensuing year and the Board is authorized to fix the remuneration to be paid to the auditors. The vote was as follows:

Votes For Votes Against Withheld/Abstentions
71,016,893 18,753,438 1,746,346


On June 18, 2025, the Company filed a report of voting results on all proposals voted on at the Meeting on SEDAR+ at www.sedarplus.com .

About TILT
TILT Holdings manages a diverse portfolio of companies in the cannabis industry, encompassing technology, hardware, cultivation, and production. Its core business, Jupiter Research LLC , is a wholly owned subsidiary and a global distribution leader in the vaporization segment. Jupiter is dedicated to hardware design, research, development, and distribution to support cannabis brands and retailers across the United States, Canada, South America, and the European Union. Additionally, TILT is a multi-state operator, with cultivation and production facilities in three states under the Commonwealth Alternative Care and Standard Farms brands. 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


FAQ**

What strategic initiatives does TILT HOLDINGS INC. (TILT:CC) plan to pursue following the re-election of its directors to enhance shareholder value in the next fiscal year?

TILT Holdings Inc. plans to focus on expanding its market presence, optimizing operational efficiencies, enhancing product offerings, and pursuing strategic partnerships to drive growth and enhance shareholder value in the next fiscal year.

How will the re-appointment of Haynie & Company as auditors impact TILT HOLDINGS INC. (TILT:CC) financial transparency and governance moving forward?

The re-appointment of Haynie & Company as auditors is likely to enhance TILT HOLDINGS INC.'s financial transparency and governance by providing consistent oversight, ensuring adherence to accounting standards, and fostering investor confidence in the company's financial reporting.

Can you elaborate on how TILT HOLDINGS INC. (TILT:CC) intends to leverage its global distribution capabilities in the vaporization segment to expand market share?

TILT Holdings Inc. plans to leverage its global distribution capabilities in the vaporization segment by enhancing partnerships, optimizing supply chains, and increasing product accessibility, thereby expanding its market share and solidifying its presence in key international markets.

What are the key performance indicators that TILT HOLDINGS INC. (TILT:CC) will focus on to track the success of its diverse cannabis business solutions in the upcoming year?

TILT HOLDINGS INC. will focus on key performance indicators such as revenue growth, customer acquisition and retention rates, gross margin percentages, operational efficiency, and regulatory compliance to track the success of its diverse cannabis business solutions in the upcoming year.

**MWN-AI FAQ is based on asking OpenAI questions about TILT Holdings Inc (OTC: TLLTF).

TILT Holdings Inc

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