TILT Holdings Inc. announced a leadership change where Gary Santo has resigned as board of directors (Board) member. The Board also announced the appointment of Mark Scatterday as a senior advisor focused on the Company's Jupiter inhalation business. Mr. Scatterday was previously the founder of Jupiter and CEO of TILT until May 2021 and was Chair of the Board through December 2022 and a board member until February 2023.

Mr. Scatterday is a significant beneficial owner of the Company's securities and a significant holder of the Company's outstanding debt.