The Cannabist Company Introduces Popular Brand Seed & Strain to Maryland

Rhea-AI Summary

The Cannabist Company has announced the launch of its Seed & Strain brand in Maryland, marking the brand's 12th market expansion. The initial product rollout includes 0.5-gram vape cartridges, available at the Columbia Care location in Chevy Chase and gLeaf locations in Frederick and Rockville. Additional products, including whole flower and pre-rolls, are pending regulatory approval and will be available in the coming months.

The brand is now present in California, Colorado, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia. This expansion aligns with Maryland's growing cannabis market and reinforces the company's commitment to providing premium and accessible cannabis products to consumers.

Positive

• Expansion into 12th market indicates strong growth trajectory
• Strategic entry into Maryland's growing cannabis market
• Planned product line expansion pending regulatory approval

Negative

• initial product offering (only 0.5g vape cartridges)
• Product expansion dependent on regulatory approval

Launch Marks 12^th Market for Brand

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., announced today the launch of its brand Seed & Strain into the Maryland market.

Seed & Strain debuts in Maryland with 0.5-gram vape cartridges, at the Columbia Care location in Chevy Chase and gLeaf locations in Frederick and Rockville. Whole flower, pre-rolls and additional products will be available in the coming months pending regulatory approval. With the introduction of these products, Seed & Strain is now available in 12 markets across the country.

"We’re excited to bring premium and accessible brands like Seed & Strain to Maryland, providing our consumers with an expanded selection of quality products,” said Jesse Channon, President, The Cannabist Company. “Maryland’s cannabis market is at an exciting point of growth, and we’re proud to be part of its evolution. This launch underscores our commitment to delivering exceptional options for customers.”

Seed & Strain can be found in California, Colorado, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia and West Virginia. For more information, visit https://seedandstraincannabis.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 14 U.S. jurisdictions. The Company operates 89 facilities including 70 dispensaries and 19 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 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 Maryland. 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 businesswire.com: https://www.businesswire.com/news/home/20250128632829/en/

Investors

Lee Ann Evans

SVP, Capital Markets

investor@cannabistcompany.com

Media

Mike Moses

Communications Manager

media@cannabistcompany.com

Source: The Cannabist Company Holdings Inc.

FAQ

What products is CBSTF launching in Maryland under the Seed & Strain brand?

CBSTF is initially launching 0.5-gram vape cartridges under the Seed & Strain brand in Maryland, with whole flower and pre-rolls planned for future release pending regulatory approval.

In which states is Seed & Strain now available?

Seed & Strain is available in 12 markets: California, Colorado, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia.

Where can customers find Seed & Strain products in Maryland?

Seed & Strain products are available at the Columbia Care location in Chevy Chase and gLeaf locations in Frederick and Rockville, Maryland.

What future products will CBSTF launch under Seed & Strain in Maryland?

CBSTF plans to launch whole flower and pre-rolls under the Seed & Strain brand in Maryland in the coming months, pending regulatory approval.