By providing financial and operational support, the TILT Inclusion
Program is empowering Herbology to lead through diversity and succeed in
the growing cannabis industry
CAMBRIDGE, Mass.–(BUSINESS WIRE)–
TILT
Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTC: SVVTF), a
global technology and infrastructure company engaged in research,
development, manufacturing and sale of a broad range of products for the
cannabis industry, announced its continued commitment to foster
diversity and equality through its support of Herbology Group, a member
of the TILT Inclusion Program (“Program”). Through the program, TILT is
empowering Herbology’s team, comprised of three female veterans, to
become leaders in the cannabis space.
“As a female business leader, I am grateful to have the opportunity to
lead a diverse team and be treated as an equal from colleagues that
admire a woman’s unique business strengths and ability to grow a
successful company,” said Jane Hawman, CEO at Herbology. “Working with
the TILT team has been very fluid; never has our group been treated
differently by gender or race. They have displayed trust in us and
pushed us to the forefront of this industry. It’s empowering and we’re
excited to see what we can do together next.” Herbology owns a vertical
operation in Massachusetts with licenses to cultivate, process and
dispense medical cannabis products.
Anna Gray, Herbology’s Equal Employment Officer (“EEO”) and
first-generation Mexican-American veteran of the United States Air
Force, is excited about Herbology’s future as a female-led institution.
As the Hispanic Employment Special Emphasis Program Manager on the
EEO/Diversity & Advisory Committee, Gray knows firsthand the successful
impact that programs which foster diversity, like TILT’s, can have in
budding industries.
“The diversity within our group has provided us with a
once-in-a-lifetime opportunity to be leaders and have a voice in this
emerging cannabis industry,” said Gray. “It’s known that a diverse
workforce drives economic growth, and we are thrilled to play a part in
bridging the current economic gap that has been negatively impacting
minority communities throughout history.”
Through various levels of support ranging from application development
to capital investment, the TILT Inclusion Program is enabling
Herbology’s members to persevere in the cannabis industry and overcome
preconceived racial and gender-related barriers. April Hawman, COO at
Herbology, is passionate about her company’s goal to help those who’ve
been negatively impacted by historical stigmas.
“The cannabis industry has created a unique opportunity for companies to
build from the ground up a platform based on inclusion,” said Hawman.
“We are organized by women, veterans and minorities. I take pride in
Herbology’s diversity, female leadership and our mission to advance
minority communities that have been disproportionately affected by the
war on drugs.”
You can find out more about the TILT Inclusion Program here.
Any license holder or applicant interested in learning more about TILT’s
Inclusion Program may reach out to TIP@TiltHoldings.com.
About TILT
TILT Holdings Inc. is a vertically-integrated technology and
infrastructure platform delivering the most comprehensive range of
products and services across the cannabis industry. TILT strives to
deliver the highest quality products and services through
knowledge-based technology systems for both businesses and consumers.
TILT technologies have a presence in more than 1,000 dispensaries across
the U.S., Canada, Puerto Rico and Jamaica. For more information, please
visit www.tiltholdings.com.
The CSE has neither approved nor disapproved the contents of this
news release.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the “U.S.
Securities Act”) or any state securities laws and may not be offered or
sold within the United States or to U.S. Persons unless registered under
the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
Forward-Looking Information
This news release contains forward-looking information based on
current expectations. Forward-looking information is provided for the
purpose of presenting information about management’s current
expectations and plans relating to the future and readers are cautioned
that such statements may not be appropriate for other purposes. Forward
looking information may include, without limitation, statements
regarding the operations, business, financial condition, expected
financial results, performance, prospects, opportunities,
priorities, targets, goals, ongoing objectives, milestones, strategies
and outlook of TILT, and includes statements about, among other things,
future developments, the future operations, strengths and strategy of
the Company. These statements should not be read as guarantees of future
performance or results. These statements are based upon certain material
factors, assumptions and analyses that were applied in drawing a
conclusion or making a forecast or projection, including TILT’s
experience and perceptions of historical trends, current conditions and
expected future developments, as well as other factors that are believed
to be reasonable in the circumstances.
Examples of the assumptions underlying the forward-looking statements
contained herein include, but are not limited to those related to: the
ability of TILT to obtain necessary financing in the future to pursue
its business plans, the achievement of goals, the obtaining of all
necessary permits and governmental approvals, as well as expectations
regarding availability of equipment, skilled labour and services needed
for cannabis operations, intellectual property rights, development,
operating or regulatory risks, trends and developments in the cannabis
industry, business strategy and outlook, expansion and growth of
business and operations, the timing and amount of capital expenditures;
future exchange rates; the impact of increasing competition; conditions
in general economic and financial markets; access to capital; future
operating costs; government regulations, including future legislative
and regulatory developments involving medical and recreational marijuana
and the timing thereto; receipt of appropriate and necessary licenses in
a timely manner; the effects of regulation by governmental agencies; the
anticipated changes to laws regarding the recreational use of cannabis;
the demand for cannabis products and corresponding forecasted increase
in revenues; and the size of the medical marijuana market and the
recreational marijuana market.
Although such statements are based on management’s reasonable
assumptions at the date such statements are made, there can be no
assurance that they be completed on the terms described above and that
such forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those anticipated
in such forward-looking information. Accordingly, readers should not
place undue reliance on the forward-looking information. TILT Holdings
assumes no responsibility to update or revise forward-looking
information to reflect new events or circumstances unless required by
applicable law.
By its nature, forward-looking information is subject to risks and
uncertainties, and there are a variety of material factors, many of
which are beyond the control of TILT, and that may cause actual outcomes
to differ materially from those discussed in the forward-looking
statements. These factors include, but are not limited to: denial or
delayed receipt of all necessary consents and approvals; need for
additional capital expenditures; increased costs and timing of
operations; unexpected costs associated with environmental liabilities;
requirements for additional capital; reduced future prices of cannabis;
failure of plant, equipment or processes to operate as anticipated;
accidents, labour disputes and other risks of the cannabis industry;
delays in obtaining governmental approvals, permits or financing or in
the completion of development or construction activities; title
disputes; claims limitations on insurance coverage; risks related to the
integration of acquisitions; fluctuations in the spot and forward price
of certain commodities (such as diesel fuel and electricity); changes in
national and local government legislation, taxation, controls,
regulations and political or economic developments in the countries
where the Company may carry on business in the future; liabilities
inherent in cannabis operations; risks relating to medical and
recreational cannabis; cultivation, extraction and distribution
problems; competition for, among other things, capital, licences and
skilled personnel; risks relating to the timing of legalization
of recreational cannabis; changes in laws relating to the cannabis
industry; and management’s success in anticipating and managing
the foregoing factors.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190201005080/en/
Joel Milton, SVP of Business Development
(303) 872-7255
Media Contact:
Anne Baker
InkHouse
Phone:
415-299-6371
press@tiltholdings.com
Investor Contact:
Scott Van Winkle
ICR
Phone:
617-956-6736
investors@tiltholdings.com
Investors.tiltholdings.com
Renmark Financial Communications Inc.
Melanie Barbeau: mbarbeau@renmarkfinancial.com
Tel:
(416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
Source: TILT Holdings Inc.
Released February 1, 2019