Cannabist CO Holdings INC
Market Movers (8-K)
The Cannabist Company Holdings Inc. announced the resignation of its President, Jesse Channon, effective April 1, 2026, who will transition to a non-employee consultant role.
The Cannabist Company Holdings Inc. has commenced CCAA proceedings and entered into definitive agreements to sell its Ohio and Delaware cannabis operations for a combined $63.5 million, while also planning to wind down operations in New York and Pennsylvania.
Delay expected
Worse than expected
The Cannabist Company Holdings Inc. announced a further extension of its forbearance agreement with noteholders until March 6, 2026, regarding its senior secured notes.
Delay expected
Worse than expected
The Cannabist Company Holdings Inc. secured a further extension of its forbearance agreement with senior secured noteholders until February 27, 2026, signaling ongoing debt negotiations.
Worse than expected
Delay expected
The Cannabist Company Holdings Inc. entered a forbearance agreement with noteholders after missing December 2025 interest payments to preserve liquidity.
Worse than expected
Delay expected
The Cannabist Company Holdings Inc. issued a qualified partial redemption notice for its senior secured notes, contingent on an equity purchase agreement.
Capital raise
Quarterly Earnings (10-Q)
The Cannabist Company reported significant revenue declines and increased net losses, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
The Cannabist Company Holdings Inc. reported a significant decline in Q2 2025 revenue and a widening net loss, driven by divestitures and operational challenges.
Worse than expected
Capital raise
The Cannabist Company's Q1 2025 revenue decreased due to divestitures and a decline in existing operations, despite efforts to restructure debt and streamline operations.
Worse than expected
The Cannabist Company's Q3 2024 results show a net loss of $1.86 million, impacted by strategic divestitures and restructuring efforts, alongside a decrease in revenue compared to the same period last year.
Better than expected
Capital raise
The Cannabist Company's Q2 2024 results show a decrease in revenue and a net loss, alongside strategic divestitures and debt management activities.
Delay expected
Capital raise
Worse than expected
10-Q: The Cannabist Company Reports First Quarter 2024 Results Amidst Restructuring and Debt Management
The Cannabist Company's first quarter 2024 results show a slight revenue decrease and a net loss, alongside strategic debt management and restructuring efforts.
Capital raise
Worse than expected
Annual Reports (10-K)
10-K/A: The Cannabist Company Files Amendment to 10-K, Corrects Audit Report and Includes Performance Graph
The Cannabist Company Holdings Inc. amends its annual report on Form 10-K to correct a typographical error in the auditor's report and include a performance graph.
10-K: The Cannabist Company Holdings Inc. Reports Fiscal Year 2024 Results, Announces Debt Restructuring
The Cannabist Company Holdings Inc. announces its fiscal year 2024 results and a debt restructuring plan to extend maturities and improve financial flexibility.
Worse than expected
Capital raise
The Cannabist Company has entered into a separation agreement with its former CEO, Nicholas Vita, outlining terms for his departure and ongoing obligations.
Insider Trading (Form 4)
Michael Abbott, former Executive Chairman of Cannabist Co Holdings Inc., is no longer subject to Section 16 reporting obligations.
Cannabist Co. Holdings Inc. director Julie A. Hill was granted 1,545,455 restricted stock units, vesting at the 2026 annual meeting.
Cannabist Co Holdings Inc. Director Jonathan P. May was granted 1,545,455 Restricted Stock Units, vesting at the 2026 annual meeting.
Cannabist Co Holdings Inc. Director Jeff Clarke was granted 1,545,455 Restricted Stock Units, vesting at the 2026 annual meeting.
Cannabist Co. Chief Legal Officer David Sirolly disposed of 962 common shares to cover tax liabilities related to equity grants.
Rosemary Mazanet has ceased to be a director of Cannabist Co Holdings Inc. as of September 24, 2025.
Proxy Statements (Def-14A)
The Cannabist Company Holdings Inc. announced its Annual General Meeting for September 24, 2025, where shareholders will vote on director elections and auditor re-appointment, alongside a planned reduction in board size.
The Cannabist Company Holdings Inc. announces its virtual annual general meeting on September 24, 2025, to elect directors, re-appoint auditors, and receive 2024 financial statements.
The Cannabist Company Holdings Inc. will hold its annual general meeting virtually on June 26, 2024, to discuss financial statements, elect directors, and appoint auditors.
Schedule 13G - Passive Investments
Bank of Montreal and its subsidiaries have reported a beneficial ownership of 7.01% in Cannabist Co Holdings Inc. common stock.
Bank of Montreal and its affiliates have filed an amended Schedule 13G, clarifying their beneficial ownership of 4.99% in Cannabist Co Holdings Inc.
Bank of Montreal and its affiliates have reported a passive beneficial ownership of 10.02% in Cannabist Co Holdings Inc., totaling 53,444,440 common shares.
Nomura Holdings Inc. and its subsidiary, Nomura Global Financial Products Inc., have reported a reduction in their beneficial ownership of Cannabist Co Holdings Inc. common stock to 4.6%, falling below the 5% threshold.
Worse than expected