THE CANNABIST CO HLDG - $CBSTF STOCK NEWS

Welcome to our dedicated page for THE CANNABIST CO HLDG news (Ticker: $CBSTF), a resource for investors and traders seeking the latest updates and insights on THE CANNABIST CO HLDG stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect THE CANNABIST CO HLDG's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of THE CANNABIST CO HLDG's position in the market.

04/26/2024 07:30 AM

News

The Cannabist Company and Airo Brands Continue Successful Partnership with Expansion into Pennsylvania and Virginia

Rhea-AI Summary

The Cannabist Company and Airo Brands have expanded their successful partnership into Virginia and Pennsylvania, in addition to Delaware and West Virginia, introducing Airo's vapor delivery platforms and oils in new markets.

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End-of-Day

-2%

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04/16/2024 07:30 AM

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The Cannabist Company Announces Launch of its Award-Winning Triple Seven Brand in New York and Florida

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The Cannabist Company launches its award-winning Triple Seven brand in New York and Florida, expanding its presence to all 15 markets across the U.S. The premium THC flower brand is now available to medical patients and adult-use partners, marking a significant milestone for the company.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.34%

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04/09/2024 04:05 PM

News

The Cannabist Company and Revelry Expand Partnership to Four New East Coast Markets

Rhea-AI Summary

The Cannabist Company Holdings Inc. expands its partnership with Revelry Herb Co. to Maryland, Ohio, Pennsylvania, and New York markets. Curated strains and branded cannabis gear are now available in Massachusetts and New Jersey. The partnership aims to supply top-quality flower strains through retail and wholesale platforms, with plans for further expansion in other states.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-5.16%

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04/04/2024 07:30 AM

News

The Cannabist Company Announces New Multi-State Retail, Manufacturing and Wholesale Partnership with Women-Led Brand, Flower by Edie Parker

Rhea-AI Summary

The Cannabist Company Holdings Inc. partners with Flower by Edie Parker to introduce premium cannabis products in six new markets and launch a new edibles line in four markets. The collaboration aims to merge fashion and cannabis, catering to existing enthusiasts and new consumers while breaking stigmas.

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End-of-Day

-9.51%

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03/27/2024 07:01 AM

News

The Cannabist Company to Report First Quarter 2024 Results on May 9, 2024

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The Cannabist Company Holdings Inc. (CBSTF) announced the release of its financial results for the first quarter of 2024 on May 9, 2024. A conference call will be held to discuss the results, providing investors with insights into the Company's performance.

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Rhea-AI Sentiment

End-of-Day

4.32%

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03/19/2024 12:52 PM

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The Cannabist Company Announces Closing of US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027

Rhea-AI Summary

The Cannabist Company Holdings Inc. completes private placement of US$19.5 million senior secured convertible debentures due 2027. Additionally, US$6.25 million of existing 6% Senior Secured Convertible Notes Due 2025 exchanged for new Notes.

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Rhea-AI Sentiment

End-of-Day

0.34%

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03/15/2024 07:57 AM

News

The Cannabist Company Announces Intent to Complete US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027

Rhea-AI Summary

The Cannabist Company Holdings Inc. announces a private placement of up to US$19.5 million in 9.00% senior secured convertible debentures due 2027, with an additional US$6.25 million in exchange for existing notes. The conversion rate is 3,278.6 common shares per $1,000 principal amount of Notes, at a premium of 25% over the closing price on the Cboe Canada. The Company will receive US$15.6 million of new capital and extinguish US$5.0 million of existing notes.

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Rhea-AI Sentiment

End-of-Day

3.11%

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03/13/2024 07:00 AM

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The Cannabist Company Reports Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary

The Cannabist Company Holdings Inc. reported its financial results for Q4 and full year 2023, showing revenue of $511 million, gross profit of $179.9 million, and net loss of $174.3 million. The company improved Adjusted EBITDA and net loss over 2022, reduced debt by $30.6 million, and increased retail share to 51%. Operational highlights include new product launches and strategic partnerships. Financially, the company ended Q4 with $39.3 million in total cash, paid down $30.6 million in senior debt, and had cash from operations of $9.4 million.

Rhea-AI Impact

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End-of-Day

-8.93%

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02/22/2024 07:30 AM

News

The Cannabist Company Highlights Product Innovation with Launch of Unique Fast-Acting and Longer-Lasting Layered Edibles

Rhea-AI Summary

The Cannabist Company Holdings Inc. launches innovative dual-action cannabis gummies under the Hedy brand in Massachusetts, featuring two flavor layers for a unique experience. The gummies offer a swift onset with lasting effects, combining fast-acting distillate with full-spectrum distillate. Each package contains 20 pieces with a total THC content of 100mg, catering to both medical patients and adult-use customers.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

2.56%

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02/15/2024 04:35 PM

News

The Cannabist Company Expands Retail and Wholesale Partnership with Rapidly Growing Vaporizer Brand, Airo

Rhea-AI Summary

The Cannabist Company Holdings Inc. expands partnership with Airo Brands, introducing vaporizers and oils to West Virginia. Airo's products to be available at all five Cannabist locations, with further expansion planned. Positive customer feedback in Delaware led to the partnership extension. Airo's CEO praises Cannabist Company's facilities and footprint for product growth and quality commitment.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-1.55%

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