TILT Holdings Inc. announced that Effective December 1, 2022, Dana Arvidson, who is currently the Chief Operating Officer of the Company, will become the CFO. Mr. Arvidson's compensation terms and employment agreement were previously disclosed in the Form 10. Mr. Arvidson, 48, served as the COO of the Company since July 2021.

Prior to serving as COO of the Company, Mr. Arvidson served as Vice President of Corporate Development at PhyNet Dermatology LLC, a physician network of dermatologists and dermatopathologists, from March 2019 to July 2021. Prior to PhyNet, Mr. Arvidson served as Director of Corporate Development at American Dental Partners Inc., a dental practice management company, from March 2017 to March 2019. Mr. Arvidson has over 20 years of experience in a broad array of roles focused on achieving growth objectives and enhancing operating results within Healthcare and Financial Services.