TILT Holdings Announces Closing on Sale of Massachusetts Dispensaries to In Good Health

Core Insights - TILT Holdings Inc. has completed the sale of two Massachusetts dispensaries to In Good Health for a purchase price of $1.75 million, as part of its strategic alternatives review [1][2]. Group 1: Transaction Details - The transaction involves the Taunton location being operated by In Good Health, while the Brockton dispensary has been shut down [2]. - Highgate Capital Partners acted as the broker for this transaction [2]. Group 2: Company Background - TILT Holdings Inc. provides a range of cannabis business solutions, including inhalation technologies, cultivation, manufacturing, processing, brand development, and retail [1][4]. - The company operates across North America, South America, Israel, and the European Union, with its core business being Jupiter Research LLC, a leader in the vaporization segment [4]. - TILT has received EU medical device certification for its handheld liquid inhalation device, marking a significant achievement in its product offerings [4]. Group 3: About In Good Health - In Good Health is a female-founded cannabis company in Massachusetts, known for its innovative approach and extensive product menu [3]. - The company has been operational since 2015 and is recognized for providing high-quality products at affordable prices [3].