 PHOENIX, Dec. 01, 2020 GLOBE NEWSWIRE -- TILT Holdings Inc. TILT or the Company CSE: TILT OTCQB: TLLTF, a provider of business solutions to the global cannabis industry, announced today the completion of its previously announced sale the Blackbird Sale of all of the membership interests of Yaris Acquisition, LLC dba. Blackbird Blackbird by Baker Technologies, Inc. Baker, an indirect wholly owned subsidiary of the Company, to Slam Dunk, LLC the Buyer, a Nevada limited liability corporation controlled by Tim Conder, TILTs former Chief Operating Officer and a member of the board of directors of the Company the Board. In accordance with the terms of the securities purchase agreement the Agreement, Mr. Conder resigned from his position as the Chief Operating Officer of the Company upon the closing of the Blackbird Sale. 