Core Points - TILT Holdings Inc. announced that the Supreme Court of British Columbia granted an order for a meeting of noteholders to vote on a proposed Plan of Arrangement on December 1, 2025 [1] - If the Plan is approved by the required majority, TILT intends to seek court sanctioning of the Plan on December 5, 2025 [1] Company Overview - TILT Holdings Inc. is a global provider of cannabis business solutions, including inhalation technologies, cultivation, manufacturing, processing, brand development, and retail [2] - The company operates a diverse portfolio, including Jupiter Research LLC, which focuses on vaporization technology and recently received EU medical device certification for a handheld liquid inhalation device [2] - TILT also operates Commonwealth Alternative Care, Inc. in Massachusetts and Standard Farms Ohio, LLC in Ohio, and holds a permit for Standard Farms LLC in Pennsylvania [2] Future Plans - The company is focused on restructuring and optimizing its business strategy, including potential reductions in corporate overhead and headcount [3][4] - TILT aims to strengthen its balance sheet and enhance shareholder value through its ongoing business optimization strategy [3][4]
TILT Holdings Gives Notice of Meeting of Junior Secured Noteholders
Globenewswireยท2025-11-19 22:15