 PHOENIX, Feb. 22, 2021 GLOBE NEWSWIRE -- TILT Holdings Inc. TILT or the Company CSE: TILT OTCQX : TLLTF, a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced the assignment by its subsidiary, SH Finance Company, LLC, of the Loan and Security Agreement entered into with Ermont, Inc. the Ermont Note to Teneo Funds SPVi LLC, through an arms-length third-party transaction, in exchange for 1,250,000 in cash and a portion of future collections pursuant to the Ermont Note. The assignment agreement contains standard representations, warranties and indemnifications between the parties. 