Welcome to our dedicated page for The Cannabist Company Holdings news (Ticker: $CBSTF), a resource for investors and traders seeking the latest updates and insights on The Cannabist Company Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Cannabist Company Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Cannabist Company Holdings's position in the market.
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The Cannabist Company Holdings Inc. launches innovative dual-action cannabis gummies under the Hedy brand in Massachusetts, featuring two flavor layers for a unique experience. The gummies offer a swift onset with lasting effects, combining fast-acting distillate with full-spectrum distillate. Each package contains 20 pieces with a total THC content of 100mg, catering to both medical patients and adult-use customers.
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2.56%
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The Cannabist Company Holdings Inc. expands partnership with Airo Brands, introducing vaporizers and oils to West Virginia. Airo's products to be available at all five Cannabist locations, with further expansion planned. Positive customer feedback in Delaware led to the partnership extension. Airo's CEO praises Cannabist Company's facilities and footprint for product growth and quality commitment.
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The Cannabist Company Holdings Inc. 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. The company management will conduct a conference call to discuss the results. Participants can access the live call via telephone by pre-registering or through a live audio webcast on the company's website. A replay of the webcast will be available on the website for 30 days.
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17.95%
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The Cannabist Company Holdings Inc. has announced the addition of Ciencia Labs' award-winning brands and products, including Dreamt, Luchador, and Quell, to its national brand platform. The founders of Ciencia Labs expressed excitement about the opportunity to expand their brands across the country through The Cannabist Company's retail footprint and wholesale channels.
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The Cannabist Company Holdings Inc. announced an agreement to repurchase up to US$25 million of 6.0% senior secured convertible notes due June 2025, reducing leverage and interest expense. The agreement with offshore institutional investors involves the exchange of convertible notes for common shares at specified prices and conditions. The company also obtained waivers from holders of US$34.5 million principal amount of convertible notes to complete the repurchase.
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-2.31%
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The Cannabist Company Holdings Inc. announced a partnership with Revelry Herb Co. to introduce branded cannabis gear and premium flower products at its retail locations. The collaboration will bring Revelry's pre-roll joints to the New Jersey market and expand to other states pending regulatory approval. This partnership also includes an expansion of lifestyle products and accessories, such as smell-proof backpacks and storage cases, for The Cannabist Company's brands. Both companies are enthusiastic about the collaboration and look forward to introducing new products to customers in different markets.
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-2.11%
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The Cannabist Company Holdings Inc. appoints David Hart as CEO and Jesse Channon as President, while Nicholas Vita retires but continues to serve as a member of the Board of Directors. The company expresses gratitude to Vita for his vision and passion, highlighting its growth to thousands of employees, 16 integrated markets, over $500 million in annual revenue, and public listing. The new leadership aims to continue the progress and evolution of the company, focusing on strengthening the balance sheet, expanding wholesale programs, and driving organic growth.
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The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) is collaborating with ButACake, a minority-owned baked goods and infused edibles company, to introduce new oral dissolvable strips to New Jersey locations. The strips will be available at Cannabist locations in Deptford and Vineland, as well as other dispensaries across the state. ButACake's ginger peach dissolvable strips are vegan, sugar-free, gluten-free, and contain 10mg of THC per strip. The partnership aims to expand into additional markets in 2024, subject to regulatory approval. ButACake will also offer cookies and brownies in New Jersey, pending regulatory approval.
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5.41%
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The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) 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. The company will supply its popular brands including Seed & Strain and Hedy edibles to both existing and newly approved adult-use dispensaries across the state. The company is one of the leading medical wholesale distributors in the state with existing partnerships across 20 dispensaries and operates four retail locations in Brooklyn, Manhattan, Riverhead, and Rochester. The company has nearly 800,000 total square feet of cultivation and manufacturing space across its two facilities in Rochester and Riverhead. The expansion of adult-use sales in New York is a historic moment for the industry, and The Cannabist Company is poised to be one of the largest producers and wholesale suppliers in the market.
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11.75%
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The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) announced a partnership with Old Pal, a top-performing lifestyle cannabis flower brand, to introduce Old Pal to new markets and provide a path to remain in previously successful states across the U.S. The collaboration will start in Maryland and Virginia and expand to additional states across The Cannabist Company's dispensary network in 2024. Old Pal is currently available in more than 10 major markets and is positioned in the top 10% for brand awareness in the cannabis industry. The partnership will involve the production of Old Pal's unique 14g Ready to Roll kit, 1g vapes, and Palitos pre-roll packs. The Cannabist Company's Chief Commercial Officer, Jesse Channon, emphasized the importance of meeting the needs of patients and customers, while Old Pal's Co-founder and CEO, Rusty Wilenkin, expressed excitement about the collaboration and the opportunity to bring Old Pal's quality and lifestyle to a broader consumer audience.
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4.17%
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The Cannabist Company Holdings Inc.
OTC:CBSTF
CBSTF Rankings
CBSTF Stock Data
148.88M
413.32M
11.25%
6.82%
Medicinal and Botanical Manufacturing
Manufacturing
United States of America
New York