Associated tags: Cannabis, Tablet, Amber, Seed, Oil, Natural Resources, NEO, Retail, FSE, Health, Alternative Medicine, Specialty, Tobacco, Cannabist Kansai
Retrieved on:
Wednesday, March 13, 2024
Retail,
Natural Resources,
Cannabis,
Food,
Beverage,
Growth,
Tablet,
Telephone,
Old pal,
Capital expenditure,
Capital,
Public expenditure,
Disclosure,
Investment,
Retirement,
Seed In addition, we further improved our capital structure through the retirement of $30.6 million of debt in the fourth quarter.
Key Points:
- In addition, we further improved our capital structure through the retirement of $30.6 million of debt in the fourth quarter.
- The Company ended the fourth quarter with $39.3 million in total cash, $3.5 million of which is restricted.
- In Q4 2023, cash from operations was $9.4 million, compared to $1.8 million in Q3 2023, primarily a result of a deliberate inventory reduction strategy in the fourth quarter.
- ET to discuss financial and operating results for the fourth quarter and full year of 2023.
Retrieved on:
Thursday, February 22, 2024
The dual-action, bi-layered gummies are a cutting-edge fusion offering a swift onset with lasting effects.
Key Points:
- The dual-action, bi-layered gummies are a cutting-edge fusion offering a swift onset with lasting effects.
- “This is a true example of our commitment to product innovation – bringing our customers one of the most creative edibles to date.
- “This revolutionary edible is also an amazing representation of everything that the Hedy brand stands for – fun, inviting, and flavorful.
- Hedy was launched by The Cannabist Company in the fall of 2022 and is currently available in eleven markets.
Retrieved on:
Thursday, February 15, 2024
Cannabis,
Retail,
Manufacturing,
Specialty,
Natural Resources,
Other Manufacturing,
NEO,
Growth,
Patient,
Oil,
Partnership The partnership expansion is the first to introduce Airo’s unparalleled vaporizing experience to West Virginia through the Company’s five Cannabist dispensaries.
Key Points:
- The partnership expansion is the first to introduce Airo’s unparalleled vaporizing experience to West Virginia through the Company’s five Cannabist dispensaries.
- Airo is also available through the Company’s wholesale channels.
- The Cannabist Company first teamed up with Airo in November of 2023 in Delaware, with its cutting-edge vaporizers and oils quickly becoming top-selling products at Cannabist locations state-wide.
- “Our partnership with Airo has been extremely successful in Delaware so far, and our customers are really enjoying the unique experience while using the products.
Retrieved on:
Wednesday, February 7, 2024
The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023 before U.S. financial markets open on Wednesday, March 13, 2024.
Key Points:
- The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023 before U.S. financial markets open on Wednesday, March 13, 2024.
- Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the fourth quarter and full year of 2023.
- After registering, instructions will be shared on how to join the call for those who wish to dial in.
- A live audio webcast of the call will also be available in the Investor Relations section of the Company's website at https://investors.cannabistcompany.com/ or at https://edge.media-server.com/mmc/p/rhzvabv5 .
Retrieved on:
Thursday, February 1, 2024
Cannabis,
Natural Resources,
Lucha libre,
NEO,
Marketing,
Quell,
The Denver Post,
Creativity,
Doctor of Philosophy,
ROI,
JD,
Retail “The Ciencia Labs team has created one of the most interesting and innovative product portfolios in cannabis, and their brands’ impressive reach in California speaks to their creativity and passion for product development,” said Jesse Channon, President, The Cannabist Company.
Key Points:
- “The Ciencia Labs team has created one of the most interesting and innovative product portfolios in cannabis, and their brands’ impressive reach in California speaks to their creativity and passion for product development,” said Jesse Channon, President, The Cannabist Company.
- As the founders of a bootstrapped start-up, this is a very exciting outcome for us,” said Benjamin Mitchell, Ciencia Labs Co-Founder and CEO.
- I also look forward to supporting The Cannabist Company team as they continue the development of these brands and take them to new markets,” adds Carolina Vazquez Mitchell, Ciencia Labs Co-Founder and Chief Scientific Officer.
- The team at The Cannabist Company shares our same passion for differentiated and industry-changing marketing and sales approaches, and I am incredibly excited to be joining The Cannabist Company to support their wholesale efforts for their entire portfolio of brands, including those from Ciencia Labs.
Natural Resources,
Alternative Medicine,
Other Retail,
Health,
Tobacco,
Specialty,
Cannabis,
Retail,
Agreement,
Convertible,
Repurchase agreement,
Indian stock exchange,
Exchange,
NEO,
CAD,
Note,
Security (finance) “We are pleased to have reached agreement on the previously announced transaction to reduce leverage and decrease interest expense, maintaining momentum for our balance sheet improvement plan.
Key Points:
- “We are pleased to have reached agreement on the previously announced transaction to reduce leverage and decrease interest expense, maintaining momentum for our balance sheet improvement plan.
- We are grateful for the constructive relationship with our investors that enabled this transaction to come to fruition and look forward to delivering on additional initiatives in the months ahead,” said David Hart, CEO of The Cannabist Company.
- In connection with the Repurchase, the Company obtained waivers from holders of, in the aggregate, US$34.5 million principal amount of 2025 Convertible Notes confirming that they did not object to the Company completing the Repurchase and confirming that they had no intention of participating in a Repurchase of their 2025 Convertible Notes on similar terms.
- In connection with the Repurchase, ATB Capital Markets acted as exclusive financial advisor to the Company and to the Company’s special committee.
Retrieved on:
Thursday, January 18, 2024
Retail,
Cannabis,
Other Travel,
Travel,
Sports,
Other Retail,
Agriculture,
Tobacco,
Natural Resources,
Outdoors,
Specialty,
Alternative Medicine,
Lifestyle,
Consumer,
Health,
Seed,
Partnership,
NEO Revelry’s cannabis products are currently only available in California, and this collaboration will be the first to introduce its flower brand to any East Coast market.
Key Points:
- Revelry’s cannabis products are currently only available in California, and this collaboration will be the first to introduce its flower brand to any East Coast market.
- The durable and functional designs of their products make the gear a customer favorite in our Cannabist locations throughout the country,” said Jesse Channon, President, The Cannabist Company.
- Revelry will be supplying The Cannabist Company with exclusive, customized accessory products for its brands including Seed & Strain.
- We know our products will be in good hands and can’t wait to embark on this exciting new journey.”
Natural Resources,
Alternative Medicine,
General Health,
Health,
Specialty,
Food,
Beverage,
Cannabis,
Retail,
Entrepreneurship,
Family,
Thomas Weisel Partners,
Duff,
Patient,
Duff & Phelps,
Professional,
Research,
Heart,
Partner,
Investment,
Y Combinator,
Microsoft,
History,
Business,
MBA,
Duke University,
Hospital,
Auburn University,
Columbia University,
Mergers and acquisitions,
NEO,
Vita,
Marketing,
Intel,
Certification,
Management “We all owe Nick a debt of gratitude for having the vision to form what is now The Cannabist Company more than a decade ago.
Key Points:
- “We all owe Nick a debt of gratitude for having the vision to form what is now The Cannabist Company more than a decade ago.
- We are excited for what lies ahead and eager to continue the progress as The Cannabist Company evolves, from continuing to strengthen the balance sheet to expanding our wholesale program and driving organic growth,” said David Hart, Chief Executive Officer of The Cannabist Company.
- Vita co-founded The Cannabist Company, formerly Columbia Care, in 2012 when he became the Company’s first employee.
- “The Cannabist Company would not exist as it does today without Nick and his fortitude to lead us through the peaks and valleys of running a cannabis company.
Retrieved on:
Thursday, December 14, 2023
Supply Chain Management,
Cannabis,
Other Retail,
Other Natural Resources,
Specialty,
Agriculture,
Food,
Beverage,
Natural Resources,
Other Manufacturing,
Organic Food,
Retail,
Manufacturing,
FSE,
Garden State,
Ginger,
THC,
NEO,
Heart,
Garden,
The Denver Post,
Cannabist Kansai,
Operation The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced the expansion of its collaboration with the minority-owned baked goods and infused edibles company, ButACake , to New Jersey.
Key Points:
- The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced the expansion of its collaboration with the minority-owned baked goods and infused edibles company, ButACake , to New Jersey.
- Through the collaboration, the strips will be infused with The Cannabist Company’s premium oil and will be manufactured at its New Jersey facility.
- “We are excited to introduce this amazing new product to our New Jersey customers and expand our wonderful collaboration with ButACake to a new market,” said Volley Hayhurst, VP, Operations, The Cannabist Company.
- Now, through its collaboration with The Cannabist Company, ButACake is an emerging cannabis brand.
Additional brands will launch in the coming months, pending regulatory approval.
Key Points:
- Additional brands will launch in the coming months, pending regulatory approval.
- The Company operates four retail locations at Cannabist Brooklyn and locations in Manhattan, Riverhead, and Rochester, all of which will continue as normal for medical patients at this time.
- “The broadening of adult-use sales in New York is a huge and historic moment for the industry.
- It’s an amazing time for cannabis enthusiasts and signals that there is only more to come for this great industry.”
