NLRB v. Kentucky River Community Care, Inc.

Columbia Care Unveils New Name and Brand Identity – The Cannabist Company – to Bring Passion and People to the Forefront

Retrieved on: 
Tuesday, September 19, 2023

“The rebrand to The Cannabist Company marks an incredibly pivotal moment for us as an organization and speaks to where we are heading.

Key Points: 
  • “The rebrand to The Cannabist Company marks an incredibly pivotal moment for us as an organization and speaks to where we are heading.
  • Cannabist was launched in 2021 as the Company’s national retail brand, which now accounts for 36 locations across the country.
  • The Company will continue the process of converting its retail portfolio to the Cannabist brand across the country in 2024.
  • The Cannabist Company represents an opportunity to reintroduce ourselves in a way that combines our trusted heritage, passion for what we do, and the vision for where we are heading as a company and as an industry,” said Nicholas Vita, CEO, The Cannabist Company.

Columbia Care Announces Private Placement of US$25 Million and Executes on Next Phase of Balance Sheet Improvement Initiatives

Retrieved on: 
Monday, September 18, 2023

In connection with the transaction, the Company and the investors entered into a customary registration rights agreement.

Key Points: 
  • In connection with the transaction, the Company and the investors entered into a customary registration rights agreement.
  • Completion of these transactions would be subject to definitive documentation and receipt of all necessary regulatory approvals.
  • The closing of the Initial Tranche is subject to customary closing conditions and is expected to close on or about September 21, 2023.
  • The Company intends to use the proceeds from the Offering to reduce its outstanding indebtedness and for general corporate purposes.

Columbia Care Announces Upcoming Conference Participation

Retrieved on: 
Monday, September 11, 2023

Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it will be participating in the following upcoming conferences:

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it will be participating in the following upcoming conferences:
    ATB 2023 Life Sciences Institutional Investor Conference, New York, NY – September 20, 2023
    At each event, members of the management team will participate in fireside chats and host one-on-one investor meetings.
  • For additional information, please visit the Investor Relations section of the Company’s website at: https://investors.columbia.care .

Rosemary Mazanet, M.D., PhD. Joins Columbia Care's Board of Directors

Retrieved on: 
Monday, September 11, 2023

Dr. Mazanet began advising Columbia Care in 2013 and then joined its Scientific Advisory Board as its Chair in 2015.

Key Points: 
  • Dr. Mazanet began advising Columbia Care in 2013 and then joined its Scientific Advisory Board as its Chair in 2015.
  • Since 2013, she has played an integral role of developing groundbreaking form factors specifically for palliative care, such as pressed tablets.
  • I know she will continue to add significant value as a member of our Board of Directors.
  • Congratulations, Rosemary and thank you," said Nicholas Vita, CEO, Columbia Care.

Columbia Care Continues Virginia Expansion with Opening of Cannabist Suffolk

Retrieved on: 
Wednesday, August 2, 2023

Cannabist Suffolk, located at 1238 Holland Road, Suite 111, is now serving registered medical patients.

Key Points: 
  • Cannabist Suffolk, located at 1238 Holland Road, Suite 111, is now serving registered medical patients.
  • This is the sixth Columbia Care retail location to open in Virginia within the past year.
  • “We’re thrilled to open Cannabist Suffolk and bring our award-winning Cannabist retail experience to those in the Suffolk region.
  • Cannabist Suffolk offers a variety of products such as flower, pre-rolls, edibles, and concentrates and carries Columbia Care brands including Classix, gLeaf, Hedy, and Seed & Strain.

Columbia Care to Report Second Quarter 2023 Results on August 14, 2023

Retrieved on: 
Tuesday, August 1, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) today announced that it will report its financial results for the second quarter ended June 30, 2023 before U.S. financial markets open on Monday, August 14, 2023.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) today announced that it will report its financial results for the second quarter ended June 30, 2023 before U.S. financial markets open on Monday, August 14, 2023.
  • Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EDT to discuss financial and operating results for the second quarter 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.columbia.care/ or at https://edge.media-server.com/mmc/p/hhco3g37 .

Columbia Care Announces Date for Voluntary Delisting of Common Shares from CSE

Retrieved on: 
Tuesday, August 1, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that, further to its press release dated July 31, 2023, it will voluntarily delist its common shares from the facilities of the Canadian Securities Exchange (“CSE”), effective as of market close on August 2, 2023.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that, further to its press release dated July 31, 2023, it will voluntarily delist its common shares from the facilities of the Canadian Securities Exchange (“CSE”), effective as of market close on August 2, 2023.
  • Columbia Care will continue trading on the Cboe Canada, the new business name of the NEO Exchange.
  • Cboe Canada will remain the Company’s primary securities exchange, as it has been since the Company’s initial public listing.
  • Management of the Company expects that focusing trading activity on a single, senior exchange will allow for a more orderly closing price formation and greater transparency for the Company and its investors.

Columbia Care Announces Corporate Actions to Accelerate Operational Efficiencies and Cash Flow Generation

Retrieved on: 
Monday, July 31, 2023

“Over the past 16 months, we have implemented important changes to Columbia Care that have resulted in a stronger and more efficient company.

Key Points: 
  • “Over the past 16 months, we have implemented important changes to Columbia Care that have resulted in a stronger and more efficient company.
  • Over the next 12 months, we intend to launch a number of initiatives to further our goals of ongoing margin improvement, free cash flow generation, driving shareholder value and profitably capturing additional market share across the country,” said Nicholas Vita, CEO of Columbia Care.
  • These operational improvements are expected to be cash flow positive in 2023 and 2024.
  • Effective today, Columbia Care has named David Hart as President & Chief Operating Officer and Jesse Channon as Chief Commercial Officer.

Columbia Care to Begin Adult Use Sales in Three Maryland Retail Locations on July 1

Retrieved on: 
Friday, June 30, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced it is set to begin adult use sales in its three Maryland retail locations, Columbia Care Chevy Chase, gLeaf Rockville and gLeaf Frederick, on Saturday, July 1.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced it is set to begin adult use sales in its three Maryland retail locations, Columbia Care Chevy Chase, gLeaf Rockville and gLeaf Frederick, on Saturday, July 1.
  • “The start of adult use sales in Maryland is a truly momentous occasion for our customers and for the industry as a whole.
  • We continue to see some states taking immediate action on ballot initiatives across the country and working diligently to put a framework together to build a broader, safer and more inclusive cannabis marketplace with the introduction of adult use sales.
  • Columbia Care brands that are now available in Maryland include Amber, Classix, gLeaf, Hedy, and Triple Seven.

Columbia Care Announces Resignation of Philip Goldberg as Director

Retrieved on: 
Wednesday, June 14, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced the resignation of Philip Goldberg as director of the Company, which was effective June 12, 2023.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced the resignation of Philip Goldberg as director of the Company, which was effective June 12, 2023.
  • Mr. Goldberg was appointed to the board of directors of the Company pursuant to a Nominating Rights and Voting Agreement dated June 11, 2021 (the “Voting Agreement”) entered into in connection with Columbia Care’s acquisition of Green Leaf Medical, LLC (“Green Leaf”) pursuant to the Agreement and Plan of Merger dated December 21, 2020 among Columbia Care, Green Leaf and certain other parties thereto (the “Green Leaf Transaction”).
  • Subject to any obligations it may have under the Voting Agreement, the Company does not intend to appoint a new director to replace Mr. Goldberg.
  • The time period relevant to the last potential milestone payment concludes on June 30, 2023, at which point Green Leaf will be fully integrated into Columbia Care.