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 presented in this release is in U.S. GAAP, unaudited, and in thousands of U.S. dollars, unless otherwise noted. First Quarter 2025 Financial Highlights (in $ thousands, excl. margin items): For the Three Months Ended March 31, 2025 December 31, 2024 March 31, 2024 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── Revenue $ 87,440 $96,138 $122,611 Gross Profit $ 29,285 …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Cannabist Co Holdings Inc.
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On May 8, 2025, The Cannabist Company Holdings Inc., a British Columbia corporation (the “Company”), issued a press release announcing financial results for the quarter ended March 31, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Form 8-K, which is incorporated into this item by reference.…
Company context
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.
Current securities
Historical securities (1)
Recent company filings
- Entry into a Material Definitive AgreementAug 13, 2026
- Completion of Acquisition or Disposition of Assets · Other EventsMay 8, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsApr 7, 2026
- NT 10-K filingMar 31, 2026
- EFFECT filingMar 26, 2026