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As you know, when I took on the Interim CEO role less than 60 days ago, my pledge to shareholders was to embark on greater outreach and communication with you, and these letters are part of that commitment. The current management team and board believe deeply in the value and promise of TILT, and we are unhappy with where the stock is trading. I have tasked key members of my management team to support investor relations further by communicating frequently and directly with you, and this initiative has recently launched.

I look forward to our Second Quarter Earnings Call slated for August. We believe that TILT is unique in the industry, not just in terms of our assets but also the synergies our combined platform offers. Thank you again for your ongoing participation in TILT and in this fast-growing industry.

Sincerely Yours,

Mark Scatterday

Interim Chief Executive Officer

About TILT

TILT is a leading provider of products and services to businesses operating in the cannabis industry. The Company offers the contract manufacturing of marijuana in a variety of form factors, vaporizer and inhalation devices, business and consumer delivery services and a broad suite of software products for over 1,500 retailers and brands throughout the United States (“U.S.”), Canada and Europe. The majority of TILT’s products are customized to client specifications and branding, all enabling them to operate their businesses more efficiently and connect with their customers more effectively. The Company is organized in three main business units, Cultivation & Production, Software & Services and Consumer Devices & Packaged Goods, designed to augment competencies across the organization in research, manufacturing, packaging and technology to deliver end-to-end services and customer solutions. All of TILT’s products are supported by an extensive research process led by scientists and engineers, using data analytics and discovery to produce new products helping shape the industry. Headquartered in Cambridge, MA, with offices throughout the U.S., Toronto and London, TILT has over 500 employees and has sales in 40 U.S. states, Canada and Europe. For more information, please visit www.tiltholdings.com.