Columbia Care Inc. Announces Voting Results of Annual General Meeting

Rhea-AI Summary

Columbia Care Inc. held its annual general meeting on September 20, 2022, where all nine director nominees were elected with significant shareholder support, ranging from 94.07% to 99.47% votes in favor. The company also re-appointed Davidson & Company LLP as its auditor. Columbia Care operates 131 facilities across 18 U.S. jurisdictions, specializing in cannabis cultivation and manufacturing. Their retail brand, Cannabist, aims to create a national dispensary network. For more details, visit www.sedar.com.

Positive

• All nine nominees for the board of directors elected with strong support, highest being 99.47%.
• Re-appointment of Davidson & Company LLP as the auditor for the upcoming year.
• Columbia Care operates 131 facilities, demonstrating strong market presence.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced today that, at the annual general meeting (the “Meeting”) of shareholders of the Company (“Shareholders”) that was held on Tuesday, September 20, 2022, all nine nominees for the board of directors of the Company were elected, the voting results of which are as follows:

Director	Number and percentage of common shares(1) of the Corporation (“Shares”) represented in person or by proxy and entitled to vote at the Meeting that were voted FOR	Number and percentage of Shares represented in person or by proxy and entitled to vote at the Meeting that were WITHHELD from voting
Nicholas Vita	115,340,138 (96.14%)	4,632,880 (3.86%)
Michael Abbott	112,854,970 (94.07%)	7,118,048 (5.93%)
Frank Savage	114,522,688 (95.46%)	5,450,330 (4.54%)
James A.C. Kennedy	118,891,321 (99.10%)	1,081,697 (0.90%)
Jonathan P. May	119,079,350 (99.26%)	893,668 (0.74%)
Jeff Clarke	119,069,317 (99.25%)	903,701 (0.75%)
Alison Worthington	119,308,625 (99.45%)	664,393 (0.55%)
Julie Hill	119,335,770 (99.47%)	637,248 (0.53%)
Philip Goldberg	116,870,341 (97.41%)	3,102,677 (2.59%)
Notes: (1) Assuming conversion of all proportionate voting shares into common shares.

Shareholders also approved the re-appointment of Davidson & Company LLP as auditor of the Company for the ensuing year and the authorization of directors to fix their remuneration.

Full details of the foregoing are contained in the Report of Voting Results for the Meeting which has been filed on SEDAR at www.sedar.com.

About Columbia Care Inc.

Columbia Care is one of the largest and most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 18 U.S. jurisdictions. Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development. Columbia Care is one of the original multi-state providers of medical 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 new 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, Amber and Platinum Label CBD. For more information on Columbia Care, please visit www.columbia.care.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220920006208/en/

Investor Contact

Lee Ann Evans

Capital Markets

ir@col-care.com



Media Contact

Lindsay Wilson

Communications

+1.978.662.2038

media@col-care.com

Source: Columbia Care Inc.