The Cannabist Company Holdings Inc. - CCHWF STOCK NEWS

Columbia Care Inc. (CCHWF) will announce its third-quarter financial results for the period ending September 30, 2022, after U.S. market close on November 14, 2022. A conference call will follow at 4:30 p.m. EST to discuss these results. Investors can pre-register for the call, with a live audio webcast available on the company's website. Columbia Care is a leading cannabis provider with operations in 18 U.S. jurisdictions, managing 131 facilities, including 99 dispensaries and 32 cultivation sites. For further details, visit columbia.care.

Columbia Care (NEO: CCHW) has launched a new cannabis-infused edibles brand, Hedy, in six states: Arizona, Colorado, Delaware, Massachusetts, Missouri, and Virginia. Hedy offers fast-acting chocolates and gummies, available in flavors like cherry lime, green apple, and watermelon, with THC dosages of 5mg or 10mg. The brand aims to provide a consistent cannabis experience across markets. Columbia Care plans to expand Hedy's availability and convert existing brands to Hedy over time.

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.

Columbia Care Inc. (CCHW, CCHWF) has launched its Triple Seven cannabis brand in Pennsylvania, expanding its market presence to ten states. The brand features refreshed packaging and nearly a dozen product forms including flower, pre-rolls, and vapes. Anticipated availability in Utah, Virginia, and Washington, D.C. is expected by Q4, subject to regulatory approvals. Triple Seven has also garnered multiple awards in various cannabis competitions, showcasing its high-quality products. Columbia Care operates 131 facilities and offers a variety of cannabis products across the U.S.

Columbia Care reported Q2 2022 revenues of $129.6 million, marking a 5% increase QoQ and 18% YoY. Gross profit reached $50.8 million, up 17% YoY. Adjusted EBITDA was $12.0 million, with an 11% YTD margin. The company anticipates completing divestitures related to its merger with Cresco, which has received strong shareholder support and regulatory approval. Despite challenges in mature markets, the company is seeing growth in states like New Jersey, Virginia, and West Virginia, with positive EBITDA in 16 of 17 markets.

Columbia Care has launched its Seed & Strain brand pre-rolls at all four dispensaries in New York, marking the first pre-rolls available to patients in the state. This is the company's 14th market launch nationwide. The pre-rolls are produced at Columbia Care’s two New York facilities, one in Rochester and the other in Riverhead, which boast significant cultivation capacity. The initial offering includes the Twisted Helix strain, with plans to release whole flower and vape products soon. Columbia Care operates across 18 U.S. jurisdictions, underscoring its expansive market presence.

Columbia Care Inc. (OTCQX: CCHWF) has launched its national cannabis shopping and loyalty mobile app, Stash Cash, available in 14 markets under various retail brands. This user-friendly platform enables customers to earn rewards, place orders, and discover products, enhancing the shopping experience. The app integrates with Forage, offering a personalized cannabis journey. Jesse Channon, Chief Growth Officer, highlighted the app's role in understanding customer preferences and streamlining the cannabis retail experience.

Columbia Care Inc. (CCHWF) announces it will report 2Q financial results on August 15, 2022, before U.S. markets open. The company will host a conference call at 8:00 a.m. EST to discuss these results. Interested participants must pre-register for the call, with details available on their website. Columbia Care is one of the largest cannabis providers in the U.S., operating 131 facilities, including 99 dispensaries and 32 cultivation sites. The firm serves both medical and adult-use markets, offering a range of cannabis products and operating under the Cannabist retail brand.

Columbia Care Inc. (CCHWF) has received final approval from the Supreme Court of British Columbia for its acquisition by Cresco Labs (CRLBF). This follows overwhelming shareholder support during a meeting on July 8, 2022. The CEO, Nicholas Vita, emphasized the milestone in achieving a leading position in the cannabis industry. The arrangement includes a divestiture process in key states, progressing well with strong demand from bidders. The divestitures are expected to align with the Arrangement's closing anticipated at the end of 2022.