Company research
Cannabist Co Holdings Inc.
CIK 1776738Updated Sep 24, 2026
SecurityCBSTQ · OTC · equity
Historical securities (1)
CBST · NEO · equity · closed Jun 18, 2026Name history
Columbia Care Inc. · through Sep 13, 2023
CBSTQ price & chart
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OTC:CBSTQ on TradingView ↗About the company
The Cannabist Company, formerly known as Columbia Care, owns subsidiaries that are cultivators, manufacturers and providers of cannabis products and related services, with licenses in 10 U.S. jurisdictions. The Company’s subsidiaries operate 58 facilities including 43 dispensaries and 15 cultivation and manufacturing facilities, including those facilities subject to pending sale or wind-down. Founded as Columbia Care, with a focus on medical applications of cannabis and emphasis on institutional research and clinical outcomes, the Company is one of the original multi-state providers of cannabis in the U.S. and now delivers products and services to both the medical and adult-use markets. In 2021, in response to the proliferation of adult use markets, the Company launched Cannabist, its retail brand, creating a national dispensary network through its subsidiaries. The Company’s subsidiaries offer products spanning flower, edibles, oils and tablets, and manufactures popular brands including dreamt, Seed & Strain, Triple Seven, Hedy, gLeaf, Classix, Press, and Amber. For more information, please visit www.cannabistcompany.com.
In the news
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SEC disclosures
Recent filings
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Completion of Acquisition or Disposition of Assets · Other Events
Items 2.01, 8.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
NT 10-K filing
EFFECT filing
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 696,173,000Source | 823,111,000Source | 994,726,000Source | 1,376,512,000Source |
| Property, Plant and Equipment, NetUSD | 228,396,000Source | 298,498,000Source | 357,993,000Source | 339,692,000Source |
| GoodwillUSD | — | 0Source | 19,274,000Source | 184,018,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 51,249,000Source | — | — | — |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 21,688,000Source | 15,601,000Source | 10,087,000Source | 18,302,000Source |
| Inventory, NetUSD | 94,516,000Source | 111,633,000Source | 127,905,000Source | 94,567,000Source |
| Assets, CurrentUSD | 194,997,000Source | 187,527,000Source | 237,177,000Source | 226,439,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 11,794,000Source | 22,777,000Source | 21,942,000Source | 29,252,000Source |
| Operating Lease, Right-of-Use AssetUSD | 124,739,000Source | 181,823,000Source | 174,472,000Source | 179,099,000Source |
| Other Assets, NoncurrentUSD | 15,414,000Source | 15,116,000Source | 15,122,000Source | 13,035,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 726,232,000Source | 757,759,000Source | 787,823,000Source | 825,689,000Source |
| Commitments and ContingenciesUSD | 0Source | — | — | — |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,185,501,000Source | -1,079,282,000Source | -904,003,000Source | -468,335,000Source |
| Stockholders' Equity Attributable to ParentUSD | -28,694,000Source | 66,872,000Source | 213,284,000Source | 571,391,000Source |
| Additional Paid in Capital, Common StockUSD | 1,156,807,000Source | 1,146,154,000Source | 1,117,287,000Source | 1,039,726,000Source |
| Liabilities and EquityUSD | 696,173,000Source | 823,111,000Source | 994,726,000Source | 1,376,512,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 228,710,000Source | 160,044,000Source | 203,118,000Source | 243,997,000Source |
| Operating Lease, Liability, CurrentUSD | 7,386,000Source | 9,711,000Source | 6,762,000Source | 9,056,000Source |
| Accounts Payable, CurrentUSD | 41,125,000Source | 29,797,000Source | 23,775,000Source | 44,007,000Source |
| Operating Lease, Liability, NoncurrentUSD | 126,215,000Source | 182,001,000Source | 174,312,000Source | 176,004,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | 0Source | 2,903,000Source | 79,477,000Source |
| Other Liabilities, NoncurrentUSD | 83,237,000Source | 74,227,000Source | 74,964,000Source | 78,535,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -1,365,000Source | -1,520,000Source | -6,381,000Source | -20,568,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 32,839,000Source | 58,659,000Source | 64,574,000Source | 126,954,000Source |
| Deferred Tax Liabilities, NetUSD | — | 0Source | 2,903,000Source | 79,477,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 52,461,000Source | 5,905,000Source | 47,315,000Source | 1,884,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 249,512,000Source | 297,478,000Source | 281,705,000Source | 159,017,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -105,126,000Source | -174,287,000Source | -421,481,000Source | -146,853,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 48,978,000Source | 62,729,000Source | 84,788,000Source | 53,002,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | -1,009,000Source | 5,465,000Source | 27,930,000Source | 25,018,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 13,444,000Source | 2,769,000Source | -8,086,000Source | 6,333,000Source |
| Increase (Decrease) in InventoriesUSD | 14,408,000Source | -6,700,000Source | 44,301,000Source | 18,033,000Source |
| Increase (Decrease) in Accounts PayableUSD | 13,431,000Source | 8,955,000Source | -10,082,000Source | 7,954,000Source |
| Deferred Income Tax Expense (Benefit)USD | -9,105,000Source | -25,978,000Source | -69,243,000Source | -26,112,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -23,379,000Source | 7,471,000Source | -111,401,000Source | -523,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | -29,000Source | 50,762,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 30,975,000Source | -3,499,000Source | -75,327,000Source | -191,350,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 5,831,000Source | 9,966,000Source | 72,741,000Source | 117,506,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 465,000Source | 3,700,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -9,003,000Source | -14,124,000Source | 153,684,000Source | 202,437,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,407,000Source | -10,152,000Source | -33,044,000Source | 10,564,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 41,377,000Source | 30,239,000Source | 28,706,000Source | 19,340,000Source |
| Income Taxes Paid, NetUSD | 5,530,000Source | 10,203,000Source | 51,435,000Source | 22,556,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 3,805,000Source | 3,569,000Source | 3,425,000Source | 1,502,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 9,397,000Source | 9,352,000Source | 8,588,000Source | 6,068,000Source |
| Amortization of Intangible AssetsUSD | 11,403,000Source | — | 44,530,000Source | 26,081,000Source |
| DepreciationUSD | 29,003,000Source | 34,286,000Source | 32,059,000Source | 22,325,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | 52,355,000Source | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | 30,164,000Source | -6,122,000Source | — | — |
| GoodwillUSD | — | 0Source | 19,274,000Source | 184,018,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 2,100,000Source | 19,274,000Source | 170,643,000Source | 72,328,000Source |
| Goodwill, Impairment LossUSD | 0Source | 19,274,000Source | 170,642,000Source | 72,328,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 2,100,000Source | 46,248,000Source | 169,479,000Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 46,248,000Source | 169,479,000Source | 0Source |
| Income Tax Expense (Benefit)USD | 43,307,000Source | 5,389,000Source | -11,213,000Source | 139,000Source |
| Inventory Write-downUSD | — | 331,359,000Source | 310,163,000Source | 258,402,000Source |
| Net Income (Loss) Attributable to ParentUSD | -105,886,000Source | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 760,000Source | 1,425,000Source | -5,476,000Source | -3,756,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -105,886,000Source | -175,712,000Source | -416,005,000Source | -143,097,000Source |
| Nonoperating Income (Expense)USD | -39,547,000Source | -63,658,000Source | -16,454,000Source | -36,349,000Source |
| Operating ExpensesUSD | 190,569,000Source | 285,208,000Source | 617,451,000Source | 304,380,000Source |
| Operating Lease, ExpenseUSD | — | — | 27,598,000Source | 24,087,000Source |
| Other Nonoperating Income (Expense)USD | 1,901,000Source | -8,793,000Source | 37,443,000Source | -6,335,000Source |
| Other Operating Income (Expense), NetUSD | — | -188,000Source | 6,605,000Source | -252,000Source |
| Payments of Financing CostsUSD | — | — | 3,373,000Source | — |
| Proceeds from Issuance of Common StockUSD | 0Source | 25,000,000Source | 0Source | 133,559,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -333,000Source | -960,000Source | — | — |
| Provision for Loan, Lease, and Other LossesUSD | -5,026,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 458,722,000Source | 511,327,000Source | 511,578,000Source | 460,080,000Source |
| Cost of RevenueUSD | 290,425,000Source | — | — | — |
| Selling, General and Administrative ExpenseUSD | 188,348,000Source | 199,591,000Source | 277,330,000Source | 232,052,000Source |
| Operating Income (Loss)USD | -22,272,000Source | -105,240,000Source | -416,240,000Source | -110,365,000Source |
| Other Nonoperating Income (Expense)USD | 1,901,000Source | -8,793,000Source | 37,443,000Source | -6,335,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -61,819,000Source | -168,898,000Source | -432,694,000Source | -146,714,000Source |
| Income Tax Expense (Benefit)USD | 43,307,000Source | 5,389,000Source | -11,213,000Source | 139,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 760,000Source | 1,425,000Source | -5,476,000Source | -3,756,000Source |
| Net Income (Loss) Attributable to ParentUSD | -105,886,000Source | — | — | — |
| Earnings Per Share, BasicUSD per share | -0.23Source | -0.44Source | -1.06Source | -0.42Source |
| Earnings Per Share, DilutedUSD per share | -0.23Source | -0.44Source | -1.06Source | -0.42Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 462,496,369Source | 402,776,616Source | 392,571,102Source | 338,754,694Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 462,496,369Source | 402,776,616Source | 392,571,102Source | 338,754,694Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 11,403,000Source | — | 44,530,000Source | 26,081,000Source |
| Current Income Tax Expense (Benefit)USD | 50,176,000Source | 31,385,000Source | 58,070,000Source | 26,251,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 24,897,000Source | 35,358,000Source | 59,470,000Source | 36,321,000Source |
| Goodwill, Impairment LossUSD | 0Source | 19,274,000Source | 170,642,000Source | 72,328,000Source |
| Gross ProfitUSD | 168,297,000Source | 179,968,000Source | 201,211,000Source | 194,015,000Source |
| Interest Expense, DebtUSD | 37,978,000Source | 50,687,000Source | 48,349,000Source | 24,734,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -37,978,000Source | -50,687,000Source | -48,349,000Source | -24,734,000Source |
| Marketing and Advertising ExpenseUSD | 3,945,000Source | 5,386,000Source | 14,173,000Source | 16,255,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -105,886,000Source | -175,712,000Source | -416,005,000Source | -143,097,000Source |
| Nonoperating Income (Expense)USD | -39,547,000Source | -63,658,000Source | -16,454,000Source | -36,349,000Source |
| Operating ExpensesUSD | 190,569,000Source | 285,208,000Source | 617,451,000Source | 304,380,000Source |
| Operating Lease, ExpenseUSD | — | — | 27,598,000Source | 24,087,000Source |
| Other Operating Income (Expense), NetUSD | — | -188,000Source | 6,605,000Source | -252,000Source |
Filing attachments
ef20068552_ex99-1.htm · 8-K · 2026-03-24
EX-99.1 5 ef20068552_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 THE CANNABIST COMPANY ANNOUNCES STRATEGIC TRANSACTIONS AND INITIATES PROCEEDINGS UNDER THE CCAA COMPANY HAS ENTERED INTO DEFINITIVE AGREEMENTS TO SELL OHIO AND DELAWARE ASSETS AND INTO MOU FOR MOST REMAINING ASSETS CHELMSFORD, Mass - (BUSINESS WIRE) -- March 24, 2026 - The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or “the Company”) today announced that it and certain of its subsidiari…
Read attachment ↗ef20064943_ex99-1.htm · 8-K · 2026-02-06
EX-99.1 2 ef20064943_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 The Cannabist Company Announces Closing of Transaction for the Sale of Virginia Assets to an Affiliate of Millstreet Chelmsford, MA, February 5, 2026 - The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced the closing of the transaction, previously announced o…
Read attachment ↗ef20061573_ex99-1.htm · 8-K · 2025-12-19
EX-99.1 3 ef20061573_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 The Cannabist Company Announces Agreement for the Sale of Virginia Assets to an Affiliate of Millstreet following Go-Shop Announces Termination of its Previously Announced Agreement with Curaleaf Chelmsford, MA, December 18, 2025 - The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in…
Read attachment ↗tm2517085d1_ex4-1.htm · 8-K · 2025-06-04
EX-4.1 2 tm2517085d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 Certain identified information has been excluded from this exhibit because it is (i) not material and (ii) the type that the company treats as private or confidential. Such omitted information is indicated by brackets (“[***]”) in this exhibit. EXECUTION VERSION AMENDED AND RESTATED TRUST INDENTURE DATED AS OF THE 29th DAY OF MAY, 2025 BETWEEN THE CANNABIST COMPANY HOLDINGS INC., AS ISSUER AND THE CANNABIST COMPANY HOLDINGS (CANA…
Read attachment ↗tm2517085d1_ex4-2.htm · 8-K · 2025-06-04
EX-4.2 3 tm2517085d1_ex4-2.htm EXHIBIT 4.2 Exhibit 4.2 THE CANNABIST COMPANY HOLDINGS INC., AS ISSUER THE CANNABIST COMPANY HOLDINGS (CANADA) INC., AS CO-ISSUER AND ODYSSEY TRUST COMPANY, AS TRUSTEE FIRST SUPPLEMENTAL INDENTURE Dated as of May 29, 2025 Providing for the issuance of $19,200,000 aggregate principal amount of 9.00% Senior Secured Convertible Notes due December 31, 2028 TABLE OF CONTENTS ARTICLE 1 DEFINITION AND INTERPRETATION …
Read attachment ↗d913291dex991.htm · 8-K · 2025-05-08
EX-99.1 2 d913291dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 The Cannabist Company Reports First Quarter 2025 Results Chelmsford, MA, May 8, 2025 - The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: 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 first quarter ended March 31, 2025. All financial information pre…
Read attachment ↗