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Articles from The Cannabist Company Holdings Inc.

The Cannabist Company Announces Receipt of Interim Order for Previously Announced Plan of Arrangement
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an interim order (the “Interim Order”) authorizing various matters in connection with the Company’s plan of arrangement (the “Plan”) under Section 192 of the Canada Business Corporations Act (the “Transaction”), involving, inter alia, the Company, The Cannabist Company Holdings (Canada) Inc. and 16834434 Canada Inc. The Transaction was previously announced on February 27, 2025, with further update provided on March 7, 2025.
The Cannabist Company Introduces Brand dreamt to Massachusetts, New Jersey and Virginia Markets
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the expansion of its brand dreamt, to the Massachusetts, New Jersey and Virginia markets, with additional markets and products set to roll out later this spring. dreamt made its debut in the Maryland market last December.
The Cannabist Company Reports Fourth Quarter and Full Year 2024 Results
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today reported its financial and operating results for the fourth quarter and full year ended December 31, 2024. All financial information presented in this release is in U.S. GAAP, unaudited, and in thousands of U.S. dollars, unless otherwise noted.
The Cannabist Company Achieves Approximately 70% Support for Previously Announced Agreement to Extend the Maturity Date of its Senior Secured Notes
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that additional holders of issued Senior Notes have now entered into joinders to the definitive support agreement dated February 27, 2025 (the “Support Agreement”) regarding the exchange of their notes for new notes having a later maturity date and additional covenants, all as previously disclosed (the “Transaction”), resulting in support from holders of approximately 70% of the aggregate principal amount of issued Senior Notes in the aggregate. The Transaction is described in the press release issued by the Company on February 27, 2025.
The Cannabist Company Announces Agreement to Extend the Maturity Date of its Senior Secured Notes to December 2028, with Options to Extend through 2029
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that it has entered into a support agreement dated February 27, 2025 (the “Support Agreement”) with holders (the “Supporting Noteholders”) representing approximately 61% of the aggregate principal amount of issued Senior Notes (as defined below) regarding the exchange of their notes for new notes having a later maturity date and additional covenants, all as described herein (the “Transaction”).
By The Cannabist Company Holdings Inc. · Via Business Wire · February 27, 2025
The Cannabist Company to Report Fourth Quarter and Full Year 2024 Results on March 13, 2025
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2024 before U.S. financial markets open on Thursday, March 13, 2025. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST.
The Cannabist Company Introduces Popular Brand Seed & Strain to Maryland
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the launch of its brand Seed & Strain into the Maryland market.
The Cannabist Company Expands Ric Flair Drip Partnership to New Jersey Market
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the expansion of its partnership with Ric Flair Drip into the New Jersey market, building on the collaboration which kicked off late last year with the brand’s debut in Delaware. The signature cannabis brand co-founded by the iconic wrestling World Champion, Ric Flair, is part of Carma HoldCo Inc., a leading global house of brands.
The Cannabist Company Expands New Jersey Footprint with Opening of Cannabist Mays Landing
The Cannabist Company (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today the opening of its third dispensary in Mays Landing, New Jersey. The location, at 4476 Black Horse Pike, marks the company’s third dispensary in the Garden State, expanding access to medical cannabis patients. Adult-use sales will commence in early 2025, subject to regulatory approval.
The Cannabist Company and Ric Flair Drip Launch Partnership in Delaware
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the launch of its partnership with Ric Flair Drip in Delaware. The signature cannabis brand co-founded by the iconic wrestling World Champion, Ric Flair, is part of Carma HoldCo Inc., a leading global house of brands. Additional markets will follow in 2025.
By The Cannabist Company Holdings Inc. · Via Business Wire · December 19, 2024
The Cannabist Company Launches dreamt Brand, to Maryland Market
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it is launching the brand dreamt, in Maryland, with additional markets and products to follow in 2025. Earlier this year, the Company acquired the brand through its acquisition of the Ciencia Labs portfolio.
By The Cannabist Company Holdings Inc. · Via Business Wire · December 11, 2024
The Cannabist Company and Flower by Edie Parker Launch Partnership in Virginia and Colorado
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the launch of its partnership with Flower by Edie Parker (the “Brand”), the leading female-founded and operated cannabis lifestyle brand, in Virginia and Colorado. The Cannabist Company launched Flower by Edie Parker’s premium products in the markets with the Brand’s best-selling ‘Petal Puffer’ all-in-one vape and vape cartridges.
The Cannabist Company Launches Exciting New Collaboration with Woman-Owned Ayurvedic Wellness Innovator Veda Warrior
The Cannabist Company (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today the launch of its partnership with Veda Warrior, a New Jersey-based minority woman-owned Ayurvedic wellness brand on a mission to make cannabis wellness more accessible. The initial launch in the New Jersey market includes three cannabis-infused cooking essentials – ghee butter, olive oil, and coconut oil – to be followed by cannabis-infused edibles and topicals incorporating Ayurvedic herb blends.
By The Cannabist Company Holdings Inc. · Via Business Wire · November 20, 2024
The Cannabist Company Launches Partnership with COAST Cannabis Co.
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today its partnership with COAST Cannabis Co. (“COAST”), a woman-owned & led cannabis edibles company. This new collaboration allows Massachusetts-based COAST to expand the reach of its premium, wellness-focused cannabis products into two growing medical and adult use markets – Maryland and New Jersey.
By The Cannabist Company Holdings Inc. · Via Business Wire · November 13, 2024
The Cannabist Company Reports Third Quarter 2024 Results
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today reported its financial and operating results for the third quarter ended September 30, 2024. All financial information presented in this release is in U.S. GAAP and in thousands of U.S. dollars, unless otherwise noted.
The Cannabist Company Announces Closing on Sale of Florida Assets to MINT Cannabis and SHANGO
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the closing of the sale of its 14 Florida dispensaries and two cultivation and manufacturing facilities in Alachua and Arcadia (the “MINT/SHANGO Transaction”) to MINT Cannabis and SHANGO, two leading, privately-held multistate operators as joint venture partners (the “MINT/SHANGO JV”). This agreement was previously announced on August 23, 2024.
The Cannabist Company to Report Third Quarter 2024 Results on November 7, 2024
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. financial markets open on Thursday, November 7, 2024. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the second quarter of 2024.
The Cannabist Company Introduces Popular Brand Seed & Strain to Pennsylvania
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the launch of its brand Seed & Strain into the Pennsylvania market.
By The Cannabist Company Holdings Inc. · Via Business Wire · September 10, 2024
The Cannabist Company Announces Definitive Agreements for Florida Assets
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that it has entered into a definitive agreement with a leading multistate operator to acquire the Lakeland cultivation facility (the “Lakeland Transaction”). Additionally, The Cannabist Company entered into a definitive agreement with MINT Cannabis and Shango, as joint venture partners (the “MINT Shango JV”), to acquire all 14 Cannabist dispensaries in Florida and the Company’s cultivation and manufacturing facilities in Alachua and Arcadia (the “MINT/Shango Transaction”). MINT Cannabis and Shango are leading, privately held multi-state dispensary operators and cultivators that will bring strong operational expertise, award-winning genetics and innovative customer experience to these dispensary locations, which post-closing are expected to be rebranded to “MINT Cannabis”.
The Cannabist Company Expands Collaboration with Minority-Owned Edibles Company, ButACake, to Maryland Market
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the latest development in its collaboration with the minority-owned baked goods and infused edibles company, ButACake, with its launch in the Maryland market.
The Cannabist Company Reports Second Quarter 2024 Results
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today reported its financial and operating results for the second quarter ended June 30, 2024. All financial information presented in this release is in U.S. GAAP and in thousands of U.S. dollars, unless otherwise noted.
The Cannabist Company Celebrates Start of Adult-Use Retail Sales and Wholesale Distribution in Ohio
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., released the following statement in response to the Ohio Division of Cannabis Control (“DCC”) issuing the Company certificates of operation for its eight dual-use licenses, including five dual-use dispensary licenses, to begin sales of non-medical cannabis products at the Company’s retail locations and through its wholesale channels.
The Cannabist Company Expands Airo Brands Partnership with Launch of Fast Onset Oria Edibles in New Jersey
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the latest expansion of its partnership with Airo with the launch of Oria by Airo in New Jersey. Oria is Airo’s premium line of live resin-infused gummies. An industry-leading, multi-state cannabis company known for its advanced vapor delivery systems; Airo Brands now brings that same innovation to its edibles line.
The Cannabist Company Celebrates Growing Old Pal Partnership with Brand Launch in New Jersey and Expanded Product Offerings in Maryland and Virginia
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the expansion of its partnership with Old Pal, a top-performing lifestyle cannabis brand, into New Jersey with new/additional products launching in Maryland and Virginia.
The Cannabist Company to Report Second Quarter 2024 Results on August 8, 2024
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the second quarter ended June 30, 2024 before U.S. financial markets open on Thursday, August 8, 2024. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the second quarter of 2024.
The Cannabist Company and Bloom Introduce Cutting Edge Vape Brand to New East Coast Markets
The Cannabist Company (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today a new multi-state partnership with The Bloom Brand (Bloom), a national leader in cannabis concentrates and vape technology. New Jersey and Virginia will be the first two markets featuring this collaboration. This will mark the 6th and 7th states where Bloom products are available.
The Cannabist Company Announces Corporate Restructuring and Upcoming Florida Divestitures as Part of its Continued Business Transformation Initiatives
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced a series of initiatives as part of its ongoing business transformation intended to improve profitability, enhance margin profile and enable cash flow generation. These initiatives include a corporate restructuring expected to generate approximately $10 million in annual cost-savings; the planned divestiture of its entire asset portfolio and license in Florida; and closing or modifying the operations of other underperforming assets.
The Cannabist Company Continues Virginia Expansion with the Opening of Cannabist Richmond
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., today announced it has opened its newest dispensary in Richmond, Virginia. Cannabist Richmond, located at 4320 S Laburnum Ave., will serve registered medical patients.
The Cannabist Company Celebrates the Biden Administration’s Monumental Decision to Reschedule Cannabis
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., released the following statements in response to President Biden and his administration’s decision to move cannabis from a Schedule I Controlled Substance to a Schedule III Controlled Substance under the federal Controlled Substances Act.
The Cannabist Company Reports First Quarter 2024 Results
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today reported its financial and operating results for the first quarter ended March 31, 2024. All financial information presented in this release is in U.S. GAAP and in thousands of U.S. dollars, unless otherwise noted.
The Cannabist Company and Airo Brands Continue Successful Partnership with Expansion into Pennsylvania and Virginia
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today its latest expansion with Airo Brands, an industry-leading, multi-state cannabis company focused on proprietary, cutting-edge vapor delivery platforms and flavorful, high quality oils, into Virginia and Pennsylvania.
The Cannabist Company Announces Launch of its Award-Winning Triple Seven Brand in New York and Florida
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that Triple Seven, its premium, higher THC flower brand, has launched in New York and Florida, making it now available in all of the Company’s 15 markets.
The Cannabist Company and Revelry Expand Partnership to Four New East Coast Markets
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today the expansion of its partnership with Revelry Herb Co., an artisan-quality flower and pre-roll brand launched by the creators of Revelry Supply, into the Maryland, Ohio, Pennsylvania and New York markets.
The Cannabist Company Announces New Multi-State Retail, Manufacturing and Wholesale Partnership with Women-Led Brand, Flower by Edie Parker
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today a partnership with Flower by Edie Parker, a leading female-founded and operated cannabis lifestyle brand. The Cannabist Company will introduce Flower by Edie Parker’s premium cannabis products, including pre-rolls, vapes, and edibles, to six new markets: Arizona, California, Colorado, Delaware, Florida, and Virginia, and launch a new line of edibles in Illinois, Massachusetts, New Jersey and New York.
The Cannabist Company to Report First Quarter 2024 Results on May 9, 2024
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the first quarter ended March 31, 2024 before U.S. financial markets open on Thursday, May 9, 2024. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EDT to discuss financial and operating results for the first quarter of 2024.
The Cannabist Company Announces Closing of US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”) announced today that it has completed a private placement of US$19.5 million aggregate principal amount of 9.00% senior secured convertible debentures due 2027 (the "Notes") in a concurrent private brokered offering (the “Brokered Offering”) and private non-brokered offering (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offering”).
The Cannabist Company Announces Intent to Complete US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”) announced today that it intends to complete a private placement of up to US$19.5 million (the "Offering") aggregate principal amount of 9.00% senior secured convertible debentures due 2027 (the "Notes"). The Company has received binding commitments for US$17.5 million and may enter into additional commitments for US$2.0 million of Notes prior to closing.
The Cannabist Company Reports Fourth Quarter and Full Year 2023 Results
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today reported its financial and operating results for the fourth quarter and full year ended December 31, 2023. All financial information presented in this release is in U.S. GAAP and in thousands of U.S. dollars, unless otherwise noted.
The Cannabist Company Highlights Product Innovation with Launch of Unique Fast-Acting and Longer-Lasting Layered Edibles
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it has launched a unique, dual-action cannabis gummy product in Massachusetts under its Hedy brand. Additional markets will follow, pending regulatory approval.
By The Cannabist Company Holdings Inc. · Via Business Wire · February 22, 2024
The Cannabist Company Expands Retail and Wholesale Partnership with Rapidly Growing Vaporizer Brand, Airo
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today an expansion of its partnership with Airo Brands, an industry-leading, multi-state cannabis company focused on proprietary, cutting-edge vapor delivery systems and one-of-a-kind oils.
By The Cannabist Company Holdings Inc. · Via Business Wire · February 15, 2024
The Cannabist Company to Report Fourth Quarter and Full Year 2023 Results on March 13, 2024
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023 before U.S. financial markets open on Wednesday, March 13, 2024. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the fourth quarter and full year of 2023.
The Cannabist Company Adds Successful California House of Brands, Ciencia Labs, to its National Portfolio
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it has enhanced its national brand platform through the addition of the Ciencia Labs portfolio of award-winning, science-based brands and products, including Dreamt, Luchador and Quell. Ciencia Labs was founded and led by the husband-and-wife team of Benjamin Mitchell, JD, a successful entrepreneur, and Carolina Vazquez Mitchell, MS, an internationally recognized product development expert, along with their co-founders, Ross Gardiner, who served as chief marketing officer, Wassef Tawachi, and Jannise Babbush, PhD.
The Cannabist Company Announces Debt Repurchase Agreement to Reduce Leverage by up to $25 Million
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, further to its previously announced intention to repurchase up to US$25 million of principal amount of 6.0% senior secured convertible notes due June 2025 of the Company (the “2025 Convertible Notes”), it has entered into a binding agreement (the “Agreement”) with certain offshore institutional investors (the “Investors”) to conditionally effect such repurchase (the “Repurchase”) for common shares of the Company (“Common Shares”).
The Cannabist Company Teams up with Revelry to Bring the West Coast Lifestyle Cannabis and Retail Leader to the East Coast
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today its partnership with Revelry Herb Co., an artisan-quality flower and pre-roll brand launched by the creators of Revelry Supply, a leading cannabis lifestyle and luggage company.
The Cannabist Company Announces Leadership Transition
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, effective immediately, the Company’s Board of Directors (the “Board”) has appointed David Hart, previously the Company’s President and Chief Operating Officer, as the new Chief Executive Officer. The Board also appointed Jesse Channon, previously the Company’s Chief Commercial Officer, as President. Nicholas Vita will continue to serve as a Director of the Company.
The Cannabist Company Expands Collaboration with Minority-Owned Edibles Company, ButACake, to New Jersey
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced the expansion of its collaboration with the minority-owned baked goods and infused edibles company, ButACake, to New Jersey. Expansion into additional markets is slated for 2024 pending regulatory approval. ButACake’s newly developed oral dissolvable strips will be available at Cannabist locations in Deptford and Vineland, as well as other dispensaries across the state starting today.
By The Cannabist Company Holdings Inc. · Via Business Wire · December 14, 2023
The Cannabist Company Celebrates Approval of Adult-Use Wholesale Distribution and Retail Sales in New York
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today it has been approved by the New York Office of Cannabis Management for adult-use wholesale distribution, which will commence immediately, and adult-use retail sales, which the Company has the option to begin at a later date upon payment of the required fees. The Cannabist Company’s popular brands including Seed & Strain and Hedy edibles will be available to both existing and newly approved adult-use dispensaries across the state, with its first sale to Herbal IQ, a retailer with five locations near Buffalo and Rochester. Additional brands will launch in the coming months, pending regulatory approval.
The Cannabist Company Announces Partnership with Top Performing Flower Brand Old Pal
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it is launching a partnership with Old Pal, a top-performing lifestyle cannabis flower brand renowned for its unrivaled quality, accessibility and simplicity.
By The Cannabist Company Holdings Inc. · Via Business Wire · November 30, 2023
The Cannabist Company Announces New Multi-State Retail and Wholesale Partnership with Leading Vaporizer Brand, Airo
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today its new partnership with Airo Brands, a company focused on proprietary inhalation products.
By The Cannabist Company Holdings Inc. · Via Business Wire · November 21, 2023
The Cannabist Company Announces Launch of Popular Classix and Seed & Strain Brands in Florida
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it is bringing two of its award winning flower brands, Seed & Strain and Classix, to the Florida market in the coming weeks.
By The Cannabist Company Holdings Inc. · Via Business Wire · November 16, 2023
The Cannabist Company Announces Normal Course Issuer Bid
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that its Board of Directors has authorized a normal course issuer bid (the “NCIB”) to purchase up to 15,000,000 of its common shares (“Common Shares”), representing approximately 3.6% of its issued and outstanding Common Shares as at November 9, 2023. The NCIB is subject to the approval of the CBOE Canada Exchange (the “CBOE”).
By The Cannabist Company Holdings Inc. · Via Business Wire · November 14, 2023
The Cannabist Company Reports Third Quarter 2023 Results
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today reported its financial and operating results for the third quarter ended September 30, 2023. All financial information presented in this release is in U.S. GAAP and in thousands of U.S. dollars, unless otherwise noted.
By The Cannabist Company Holdings Inc. · Via Business Wire · November 14, 2023
The Cannabist Company Holdings Inc. Announces Voting Results of Annual General and Special Meeting of Shareholders
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, at the annual general and special meeting (the “Meeting”) of shareholders of the Company (“Shareholders”) that was held on Wednesday, November 8, 2023, all nine nominees for the board of directors of the Company were elected, the voting results of which are as follows:
The Cannabist Company to Report Third Quarter 2023 Results on November 14, 2023
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the third quarter ended September 30, 2023 before U.S. financial markets open on Tuesday, November 14, 2023. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the third quarter of 2023.
The Cannabist Company Announces Partial Redemption of 13% Senior Secured Notes Due May 2024
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that it has delivered a notice of partial redemption (the “Notice”) to the holders of the Company’s outstanding 13% senior secured notes due May 14, 2024 (the “13% Notes”). The Notice provides that the Company will, on October 23, 2023 (the “Redemption Date”), redeem US$25 million of the total US$38.2 million principal amount of the Notes (the “Redeemed Notes”) currently outstanding (the “Partial Redemption”).
The Cannabist Company Announces Ticker Symbol Change on OTC Markets to CBSTF
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that its common shares, previously trading on the OTC Market under the ticker symbol “CCHWF”, will begin trading on the OTC Market under the ticker symbol “CBSTF” effective today, Tuesday, September 26, 2023.
By The Cannabist Company Holdings Inc. · Via Business Wire · September 26, 2023
The Cannabist Company Announces Closing of US$25 Million Private Placement
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CCHWF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the closing of the previously announced private placement (the “Offering”) with institutional investors (the “Investors”), for the purchase and sale of 22,244,210 units of the Company (the “Units”) at a price of C$1.52 per Unit (the “Issue Price”), for aggregate gross proceeds of approximately C$33.8 million or approximately US$25 million (the “Initial Tranche”).
By The Cannabist Company Holdings Inc. · Via Business Wire · September 21, 2023