Latest news with #TheCannabistCompany
Yahoo
an hour ago
- Business
- Yahoo
The Cannabist Company Introduces COAST Cannabis Co. Edibles to Maryland Market
CHELMSFORD, Mass., June 10, 2025--(BUSINESS WIRE)--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., announced today the launch of COAST Cannabis Co. edibles in Maryland, bringing a new selection of premium, function-forward gummies to adult-use consumers and medical patients alike. This launch marks the first step in the partnership between The Cannabist Company and COAST Cannabis Co. ("COAST"), a woman-owned & led cannabis edibles company. Made with organic ingredients and free from artificial additives or unnecessary sugar coatings, COAST's gummies deliver a consistent, enjoyable experience. The launch showcases COAST's award-winning ratio gummies, expertly formulated to offer a variety of effects with varying cannabinoid ratios and a range of fruit-forward flavors. From the energizing Raspberry Lime enhanced with THCv to the restorative Sleep Suite powered by CBN and bursting with bold flavors like Blueberry, Cranberry Pomegranate, and Grape, each gummy reflects COAST's unwavering commitment to purpose and wellness. "COAST Cannabis Co. is known for crafting top-notch, innovative products, and we couldn't be more excited to bring their gummies to Maryland," said Catie Dunn, Director, Commercial Partnerships, The Cannabist Company. "Partnering with amazing brands like COAST empowers us to keep raising the bar, giving consumers more delicious, high-quality cannabis options in the most in-demand categories. Their gummies complement our existing portfolio by offering a variety of formulations and effects to meet different consumer needs. This launch is all about flavor, fun and expanding access to the best in the business." "We're beyond excited to bring COAST to Maryland and introduce our gummies to a whole new community of cannabis lovers," said Angela Brown, Co-Founder and CEO of COAST Cannabis Co. "At COAST, we're all about creating high-quality, clean, and delicious edibles that people can feel good about. Partnering with The Cannabist Company allows us to expand our mission while staying true to our roots—delivering products made with care, integrity, and a little taste of the coast in every bite." The infused gummies are now available at all gLeaf and Columbia Care locations in Maryland. In the coming months, COAST artisan chocolates will also be available. Find your local Maryland dispensary here: About The Cannabist Company (f/k/a Columbia Care) The Cannabist Company, formerly known as Columbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 12 U.S. jurisdictions. The Company operates 81 facilities including 64 dispensaries and 17 cultivation and manufacturing facilities, including those under development. Columbia Care, now The Cannabist Company, is one of the original multi-state providers of cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the Company launched Cannabist, its retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers 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 Caution Concerning Forward-Looking Statements This press release contains certain statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities laws and reflect the Company's current expectations regarding future events. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to the Company's ability to execute on retail, wholesale, brand and product initiatives. These forward-looking statements or information, which although considered reasonable by the Company, may prove to be incorrect and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by any forward-looking information. In addition, security holders should review the risk factors discussed under "Risk Factors" in Columbia Care's Form 10-K for the year ended December 31, 2023, as filed with Canadian and U.S. securities regulatory authorities and described from time to time in subsequent documents filed with applicable securities regulatory authorities. View source version on Contacts Investors & MediaLee Ann EvansSVP, Capital Marketsinvestor@ Mediamedia@ Sign in to access your portfolio
Business Wire
2 hours ago
- Business
- Business Wire
The Cannabist Company Introduces COAST Cannabis Co. Edibles to Maryland Market
CHELMSFORD, Mass.--(BUSINESS WIRE)-- 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., announced today the launch of COAST Cannabis Co. edibles in Maryland, bringing a new selection of premium, function-forward gummies to adult-use consumers and medical patients alike. This launch marks the first step in the partnership between The Cannabist Company and COAST Cannabis Co. ('COAST'), a woman-owned & led cannabis edibles company. Made with organic ingredients and free from artificial additives or unnecessary sugar coatings, COAST's gummies deliver a consistent, enjoyable experience. The launch showcases COAST's award-winning ratio gummies, expertly formulated to offer a variety of effects with varying cannabinoid ratios and a range of fruit-forward flavors. From the energizing Raspberry Lime enhanced with THCv to the restorative Sleep Suite powered by CBN and bursting with bold flavors like Blueberry, Cranberry Pomegranate, and Grape, each gummy reflects COAST's unwavering commitment to purpose and wellness. "COAST Cannabis Co. is known for crafting top-notch, innovative products, and we couldn't be more excited to bring their gummies to Maryland," said Catie Dunn, Director, Commercial Partnerships, The Cannabist Company. 'Partnering with amazing brands like COAST empowers us to keep raising the bar, giving consumers more delicious, high-quality cannabis options in the most in-demand categories. Their gummies complement our existing portfolio by offering a variety of formulations and effects to meet different consumer needs. This launch is all about flavor, fun and expanding access to the best in the business.' 'We're beyond excited to bring COAST to Maryland and introduce our gummies to a whole new community of cannabis lovers,' said Angela Brown, Co-Founder and CEO of COAST Cannabis Co. 'At COAST, we're all about creating high-quality, clean, and delicious edibles that people can feel good about. Partnering with The Cannabist Company allows us to expand our mission while staying true to our roots—delivering products made with care, integrity, and a little taste of the coast in every bite.' The infused gummies are now available at all gLeaf and Columbia Care locations in Maryland. In the coming months, COAST artisan chocolates will also be available. Find your local Maryland dispensary here: About The Cannabist Company (f/k/a Columbia Care) The Cannabist Company, formerly known as Columbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 12 U.S. jurisdictions. The Company operates 81 facilities including 64 dispensaries and 17 cultivation and manufacturing facilities, including those under development. Columbia Care, now The Cannabist Company, is one of the original multi-state providers of cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the Company launched Cannabist, its retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers 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 Caution Concerning Forward-Looking Statements This press release contains certain statements that constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws and reflect the Company's current expectations regarding future events. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to the Company's ability to execute on retail, wholesale, brand and product initiatives. These forward-looking statements or information, which although considered reasonable by the Company, may prove to be incorrect and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by any forward-looking information. In addition, security holders should review the risk factors discussed under 'Risk Factors' in Columbia Care's Form 10-K for the year ended December 31, 2023, as filed with Canadian and U.S. securities regulatory authorities and described from time to time in subsequent documents filed with applicable securities regulatory authorities.
Business Wire
5 days ago
- Business
- Business Wire
The Cannabist Company Announces Director Appointments
CHELMSFORD, Mass.--(BUSINESS WIRE)--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., is pleased to announce the appointment of independent directors, Tom Lynch and Peter Lee, to its Board of Directors effective today, in accordance with the terms of the Amended and Restated Indenture dated May 29, 2025, entered into in connection with the recently completed plan of arrangement under Section 192 of the Canada Business Corporations Act (the 'Arrangement') involving, inter alios, the Company and The Cannabist Company Holdings (Canada) Inc. Mr. Lynch is the President and Partner at SierraConstellation Partners LLC, bringing over 30 years of capital markets experience with a deep focus on restructuring, workouts, recapitalizations, M&A, secondary market transactions, and strategic planning and execution. Known for his hands-on leadership and ability to navigate complex financial challenges, Mr. Lynch has built a reputation as a trusted advisor to companies undergoing significant transformation. Mr. Lee has served as President and Chief Operating Officer of Leafly Holdings, Inc. since May 2024 and has served as a member of its Board of Directors since February 2022. With over 25 years of experience in public markets and private equity, Mr. Lee has held senior leadership roles at Merida Merger Corporation, Sentinel Rock Capital, LLC, and Spring Point Capital LLC. His career reflects a consistent focus on driving financial performance and leading organizations through complex investment environments. 'We are pleased to have completed the previously announced plan of arrangement, extending the maturities of our senior debt until December 2028, with the option to extend through 2029. We welcome Tom and Peter to the Board and look forward to the valuable perspective they will provide thanks to their extensive experience,' said David Hart, CEO of The Cannabist Company. Further details of the Arrangement are described in the Company's management information circular dated March 28, 2025, which is available under the Company's profile on SEDAR+ at and EDGAR at About The Cannabist Company (f/k/a Columbia Care) The Cannabist Company, formerly known as Columbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 12 U.S. jurisdictions. The Company operates 81 facilities including 64 dispensaries and 17 cultivation and manufacturing facilities, including those under development. Columbia Care, now The Cannabist Company, is one of the original multi-state providers of cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the Company launched Cannabist, its retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers 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
Business Wire
30-05-2025
- Business
- Business Wire
The Cannabist Company Completes Previously Announced Plan of Arrangement
CHELMSFORD, Mass.--(BUSINESS WIRE)--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., is pleased to announce that it has successfully completed its previously announced court-approved plan of arrangement under Section 192 of the Canada Business Corporations Act (the 'Arrangement') involving, inter alios, the Company and The Cannabist Company Holdings (Canada) Inc. ('Cannabist Canada', and together with The Cannabist Company, the 'Companies'), implementing those transactions described in the Companies' management information circular dated March 28, 2025 (the 'Circular'). The Arrangement resulted in, among other things: (a) the exchange of all outstanding 6.0% senior secured convertible notes of the Companies due June 29, 2025 (the '2025 Notes') and all 9.5% senior secured first-lien notes of the Companies due February 3, 2026 (the '2026 Notes') for an equivalent principal amount of new senior notes due December 31, 2028 (the 'New Senior Notes') co-issued by the Companies, and the issuance of an aggregate of 118,209,105 common shares of The Cannabist Company (the 'New CBST Common Shares') to the holders of such notes on a pro rata basis; (b) the exchange of all outstanding 9.0% senior secured convertible notes of the Companies due March 19, 2027 (the '2027 Notes', and together with the 2025 Notes and the 2026 Notes, the 'Senior Notes') for either (i) an equivalent principal amount of New Senior Notes, as well as a pro rata amount of the New CBST Common Shares or (ii) an equivalent principal amount of new senior convertible notes due December 31, 2028 co-issued by the Companies; and (c) the issuance of an aggregate of 118,246,947 common share purchase warrants of the Company (the 'Anti-Dilutive Warrants') to Company shareholders of record as of May 27, 2025 on a pro rata basis. Further details of the Arrangement are described in the Circular, which is available under the Company's profile on SEDAR+ at and EDGAR at No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. Moelis & Company LLC served as exclusive financial advisor to the Company. Stikeman Elliott LLP and Dorsey & Whitney LLP acted as the Company's Canadian and U.S. legal counsel, respectively. Goodmans LLP and Feuerstein Kulick LLP acted as the supporting holders of the Senior Notes' (the 'Supporting Noteholders') Canadian and U.S. legal counsel, respectively, with Ducera Partners LLC serving as the financial advisor to the Supporting Noteholders' legal counsel. About The Cannabist Company (f/k/a Columbia Care) The Cannabist Company, formerly known as Columbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 12 U.S. jurisdictions. The Company operates 81 facilities including 64 dispensaries and 17 cultivation and manufacturing facilities, including those under development. Columbia Care, now The Cannabist Company, is one of the original multi-state providers of cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the Company launched Cannabist, its retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers 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
Business Wire
22-05-2025
- Business
- Business Wire
The Cannabist Company Announces Receipt of Court Approval of Previously Announced Plan of Arrangement
CHELMSFORD, Mass.--(BUSINESS WIRE)--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 provided an update in respect of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act (the 'Arrangement') involving the Company, The Cannabist Company Holdings (Canada) Inc. and 16834434 Canada Inc. The Company is pleased to announce that it has obtained the final order from the Ontario Superior Court of Justice (Commercial List) approving the Arrangement. Further details of the Arrangement are described in the Company's management information circular dated March 28, 2025 in connection with the Arrangement, which is available under the Company's profile on SEDAR+ at and EDGAR at The closing date of the Arrangement is targeted for on or around May 29, 2025, subject to receipt of all regulatory approvals, and the record date for determining the shareholders entitled to receive new warrants pursuant to the Arrangement will be two (2) business days prior to the closing date. No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. About The Cannabist Company (f/k/a Columbia Care) The Cannabist Company, formerly known as Columbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 12 U.S. jurisdictions. The Company operates 81 facilities including 64 dispensaries and 17 cultivation and manufacturing facilities, including those under development. Columbia Care, now The Cannabist Company, is one of the original multi-state providers of cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the Company launched Cannabist, its retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers 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 Caution Concerning Forward Looking Statements Certain information contained in this news release may be forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are often, but not always, identified by the use of words such as 'target', 'expect', 'anticipate', 'believe', 'foresee', 'could', 'would', 'estimate', 'goal', 'outlook', 'intend', 'plan', 'seek', 'will', 'may', 'tracking', 'pacing' and 'should' and similar expressions or words suggesting future outcomes. This news release includes forward-looking information and statements pertaining to, among other things, the implementation of the Arrangement and receipt of regulatory approvals. Numerous risks and uncertainties could cause the actual events and results to differ materially from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements, including, but not limited to the Company may not receive the necessary approvals to complete the Arrangement. Forward-looking estimates and assumptions involve known and unknown risks and uncertainties that may cause actual results to differ materially. The Company also cautions readers that the forward-looking financial information contained in this news release are only provided to assist readers in understanding management's current expectations relating to future periods and, as such, are not appropriate for any other purpose. In addition, securityholders should review the risk factors discussed under 'Risk Factors' in the Company's Form 10-K for the year ended December 31, 2024, as amended, as filed with Canadian and U.S. securities regulatory authorities and described from time to time in subsequent documents filed with applicable securities regulatory authorities.
