TILT Holdings Inc. announced the appointment of Dia Simms to the Company’s Board of Directors. Simms will replace Gary Smith, who is resigning from TILT’s board effective this month. Simms spent more than a decade at Combs Enterprises, where she served as President of the company founded by entertainer and entrepreneur Sean Combs. In this role Simms was responsible for the strategic direction of the company’s alcohol, fashion, fragrance and media divisions, fueling the growth of CÎROC to a retail value of more than $2 billion. Simms entered the cannabis space last year with a focus on brand management and consulting. Simms previously held executive sales and marketing positions at ClearChannel, pharmaceutical giant GlaxoSmithKline and Madison Marketing, after beginning her career as a consultant for the U.S. Department of Defense. Dia was listed as “One of the Most Powerful Executives in the Industry” by Billboard in 2017 and 2018 and has been named to the Ebony 'Power 100' list. Gary Smith will depart the board after serving since January 2019, shortly before the company began trading on the OTCQB Venture Market. Prior to his appointment to TILT’s Board, Mr. Smith held senior management positions at PepsiCo, Red Bull and Big Red, Inc, where he was CEO.
TILT Holdings Inc. (TILT) is a Canada-based company. The Company is a business solutions provider to the global cannabis industry offering a diverse range of value-added products and services to industry participants. The Company operates through four segments: Cannabis, Accessories, Corporate, and Other. The Company offers technology, equipment, cultivation, and production services through its portfolio companies. It is organized in three business focuses: Consumer Devices & Packaged Goods, Cultivation and Production, and Retail. The Company is organized in various business units: inhalation technologies, cultivation, manufacturing, processing, brand development and retail. TILT services brands and cannabis retailers across 39 states in the Unites States as well as Canada, Israel, South America, and the European Union. The Company's subsidiaries include Commonwealth Alternative Care, Inc., White Haven RE, LLC, and Jupiter Research, LLC.