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The Cannabist Company Celebrates Start of Adult-Use Retail Sales and Wholesale Distribution in Ohio

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The Cannabist Company (OTCQX: CBSTF) is set to begin adult-use cannabis sales in Ohio on August 6, 2023, at 8 a.m. The company received certificates of operation for eight dual-use licenses, including five dispensary licenses, from the Ohio Division of Cannabis Control. This allows them to sell non-medical cannabis products at their retail locations and through wholesale channels.

The company operates five dispensaries in Ohio, located in Dayton, Logan, Marietta, Monroe, and Warren. They plan to open three additional retail locations and have received site approval for a potential dispensary in central Ohio. The Cannabist Company also has two cultivation and manufacturing facilities in Mt. Orab and Columbus, totaling nearly 120,000 square feet.

Currently, the company offers three brands in Ohio: Classix, Seed and Strain, and Triple Seven. They plan to launch additional house brands in the coming months, pending regulatory approval.

The Cannabist Company (OTCQX: CBSTF) è pronta a iniziare le vendite di cannabis per uso adulto in Ohio il 6 agosto 2023 alle 8:00. L'azienda ha ricevuto certificati di operazione per otto licenze dual-use, inclusa cinque licenze per dispensari, dalla Divisione di Controllo della Cannabis dell'Ohio. Questo consente loro di vendere prodotti di cannabis non medicinali nei loro punti vendita e attraverso canali all'ingrosso.

L'azienda gestisce cinque dispensari in Ohio, situati a Dayton, Logan, Marietta, Monroe e Warren. Hanno in programma di aprire tre ulteriori punti vendita e hanno ricevuto l'approvazione del sito per un potenziale dispensario nell'Ohio centrale. The Cannabist Company possiede anche due impianti di coltivazione e produzione a Mt. Orab e Columbus, per un totale di quasi 120.000 piedi quadrati.

Attualmente, l'azienda offre tre marchi in Ohio: Classix, Seed and Strain e Triple Seven. Hanno in programma di lanciare ulteriori marchi di proprietà nei prossimi mesi, in attesa dell'approvazione normativa.

The Cannabist Company (OTCQX: CBSTF) está lista para comenzar las ventas de cannabis para uso adulto en Ohio el 6 de agosto de 2023 a las 8:00 a.m. La compañía recibió certificados de operación por ocho licencias de uso dual, incluyendo cinco licencias de dispensario, de la División de Control de Cannabis de Ohio. Esto les permite vender productos de cannabis no médicos en sus ubicaciones minoristas y a través de canales mayoristas.

La compañía opera cinco dispensarios en Ohio, ubicados en Dayton, Logan, Marietta, Monroe y Warren. Planean abrir tres ubicaciones adicionales y han recibido aprobación de sitio para un posible dispensario en el centro de Ohio. The Cannabist Company también tiene dos instalaciones de cultivo y manufactura en Mt. Orab y Columbus, con un total de casi 120,000 pies cuadrados.

Actualmente, la compañía ofrece tres marcas en Ohio: Classix, Seed and Strain y Triple Seven. Planean lanzar marcas adicionales en los próximos meses, pending aprobación regulatoria.

The Cannabist Company (OTCQX: CBSTF)는 2023년 8월 6일 오전 8시에 오하이오에서 성인용 대마초 판매를 시작할 예정입니다. 이 회사는 오하이오 대마초 관리국으로부터 8개의 이중 사용 라이센스에 대한 운영 인증서를 받았습니다. 이로 인해 그들은 소매점과 도매 채널을 통해 비의료용 대마초 제품을 판매할 수 있게 되었습니다.

회사는 오하이오에 위치한 5개의 대마초 유통점을 운영하고 있으며, 이들은 데이턴, 로건, 마리에타, 몬로, 워렌에 있습니다. 추가로 세 곳의 소매점을 열 계획이며, 오하이오 중부에 있는 잠재적인 유통점에 대한 사이트 승인을 받았습니다. The Cannabist Company는 또한 Mt. OrabColumbus에 각각 두 개의 재배 및 제조 시설를 소유하고 있으며, 총 면적은 거의 120,000평방피트입니다.

현재 회사는 오하이오에서 Classix, Seed and Strain 및 Triple Seven이라는 세 가지 브랜드를 제공합니다. 그들은 규제 승인을 기다리며 향후 몇 개월 내에 추가 자사 브랜드를 출시할 계획입니다.

The Cannabist Company (OTCQX: CBSTF) s'apprête à commencer la vente de cannabis à usage adulte dans l'Ohio le 6 août 2023 à 8h00. L'entreprise a reçu des certificats d'exploitation pour huit licences à usage dual, y compris cinq licences de dispensaire, de la Division du Contrôle de la Cannabis de l'Ohio. Cela leur permet de vendre des produits de cannabis non médicaux dans leurs points de vente et par le biais de canaux de gros.

L'entreprise exploite cinq dispensaires dans l'Ohio, situés à Dayton, Logan, Marietta, Monroe et Warren. Ils prévoient d'ouvrir trois nouvelles emplacements de vente au détail et ont reçu l'approbation du site pour un dispensaire potentiel dans le centre de l'Ohio. The Cannabist Company possède également deux installations de culture et de fabrication à Mt. Orab et Columbus, totalisant près de 120 000 pieds carrés.

Actuellement, l'entreprise propose trois marques en Ohio : Classix, Seed and Strain et Triple Seven. Ils prévoient de lancer d'autres marques maison dans les mois à venir, sous réserve de l'approbation réglementaire.

The Cannabist Company (OTCQX: CBSTF) wird am 6. August 2023 um 8 Uhr den Verkauf von Cannabis für Erwachsene in Ohio beginnen. Das Unternehmen erhielt Betriebsgenehmigungen für acht Dual-Use-Lizenzen, darunter fünf Apothekenlizenzen, von der Ohio Division of Cannabis Control. Dies ermöglicht ihnen den Verkauf von nicht-medizinischen Cannabis-Produkten an ihren Einzelhandelsstandorten und über Großhandelskanäle.

Das Unternehmen betreibt fünf Apotheken in Ohio, die sich in Dayton, Logan, Marietta, Monroe und Warren befinden. Sie planen die Eröffnung von drei weiteren Einzelhandelsstandorten und haben eine Standortgenehmigung für eine potenzielle Apotheke im zentralen Ohio erhalten. The Cannabist Company verfügt außerdem über zwei Anbau- und Produktionsstätten in Mt. Orab und Columbus, mit einer Gesamtfläche von fast 120.000 Quadratfuß.

Derzeit bietet das Unternehmen drei Marken in Ohio an: Classix, Seed and Strain und Triple Seven. In den kommenden Monaten planen sie die Einführung weiterer Hausmarken, vorbehaltlich der behördlichen Genehmigung.

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Company Will Commence Adult-Use Sales on Tuesday, August 6 at 8 a.m. at its Five Retail Locations and with Wholesale Distribution Throughout the State

NEW YORK--(BUSINESS WIRE)-- 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 is looking forward to welcoming new customers to our five dispensaries and to offering our premium cannabis products to our wholesale partners as non-medical sales kick off throughout the state. As a company dedicated to providing unparalleled support to our patients in Ohio, we are excited about the opportunity to extend this same level of service to non-medical customers. We’ve always been strong advocates for safe, regulated adult-use markets where customers can obtain trusted products. We commend lawmakers and regulators for their swift action and ability to get a program implemented less than a year after receiving the mandate from voters,” said David Hart, CEO, The Cannabist Company.

The Cannabist Company operates four Columbia Care retail dispensaries located in Dayton, Logan, Marietta, and Monroe, in addition to its gLeaf dispensary in Warren. The Company also plans to expand its footprint in Ohio by opening 3 additional retail locations and was recently given site approval for a potential dispensary located in the central part of the state. The Company has nearly 120,000 total square feet of cultivation and manufacturing space across its two facilities in Mt. Orab and Columbus, which have also been approved for adult use operations. Currently, the Company carries its three popular brands in the state: Classix, Seed and Strain, and Triple Seven. It plans to launch additional house brands in the coming months pending regulatory approval.

For more information, visit cannabistcompany.com.

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 13 U.S. jurisdictions. The Company operates 95 facilities including 73 dispensaries and 22 cultivation and manufacturing facilities, including those under development and assuming the closure of announced divesture transactions. 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 Seed & Strain, Triple Seven, Hedy, gLeaf, Classix, Press, and Amber. For more information, please visit www.cannabistcompany.com.

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 in Ohio. 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.

Investors

Lee Ann Evans

SVP, Capital Markets

investor@cannabistcompany.com



Media

Lindsay Wilson

SVP, Communications

media@cannabistcompany.com

Source: The Cannabist Company Holdings Inc.

FAQ

When will The Cannabist Company (CBSTF) start adult-use cannabis sales in Ohio?

The Cannabist Company (CBSTF) will start adult-use cannabis sales in Ohio on Tuesday, August 6, 2023, at 8 a.m.

How many dispensaries does The Cannabist Company (CBSTF) operate in Ohio?

The Cannabist Company (CBSTF) operates five dispensaries in Ohio, located in Dayton, Logan, Marietta, Monroe, and Warren.

What cannabis brands does The Cannabist Company (CBSTF) offer in Ohio?

The Cannabist Company (CBSTF) currently offers three brands in Ohio: Classix, Seed and Strain, and Triple Seven.

How much cultivation and manufacturing space does The Cannabist Company (CBSTF) have in Ohio?

The Cannabist Company (CBSTF) has nearly 120,000 total square feet of cultivation and manufacturing space across two facilities in Mt. Orab and Columbus, Ohio.

Does The Cannabist Company (CBSTF) plan to expand its retail presence in Ohio?

Yes, The Cannabist Company (CBSTF) plans to open three additional retail locations in Ohio and has received site approval for a potential dispensary in the central part of the state.

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