Cannabist Stock Price, News & Analysis

The Cannabist Company (OTCQB: CBSTF) has announced a strategic partnership with Queen Mary, an award-winning California wellness-focused cannabis brand, to launch rosin-infused gummies in Colorado. The products will be available at all 19 Cannabist Company retail locations across the state.

Founded by Colorado native Tiana Woodruff, Queen Mary specializes in premium edibles made with full-spectrum rosin, adaptogens, and natural vitamins. The initial product lineup includes Enchanted gummies (Strawberry Lemonade) for focus and energy, and Moonstruck gummies (Lavender Blueberry) for relaxation and sleep. A Boost tincture will launch next month.

The partnership includes plans for wholesale distribution to additional Colorado dispensaries beginning in October through The Cannabist Company's distribution network.

The Cannabist Company Holdings (OTCQB: CBSTF), a leading U.S. cannabis cultivator, manufacturer, and retailer, held its annual general meeting on September 24, 2025. All seven director nominees were successfully elected to the board, with Peter Lee and Thomas Lynch receiving the highest approval rates of approximately 86.7% each.

Shareholders also approved the re-appointment of PKF O'Connor Davies LLP as the company's auditor and authorized directors to determine their compensation. The voting results have been filed on SEDAR+.

The Cannabist Company (CBSTF) announced the grand opening of Cannabist Norwalk, its sixth dispensary in Ohio, scheduled for September 10, 2025. Located at 383 Milan Avenue, this marks the company's first Cannabist-branded dispensary in Ohio and the first cannabis dispensary in Huron County.

The dual-use licensed location will serve both medical patients and adult-use customers, offering a diverse product range including house brands like Classix, Seed & Strain, and Triple Seven, alongside over 100 third-party brands. The company plans to open its seventh Ohio location in Saint Clairsville later in 2025, expanding its retail presence throughout the state.

The Cannabist Company (OTCQB: CBSTF) has expanded its partnership with COAST Cannabis Co. by launching COAST's gummy products in New Jersey. This expansion follows their successful collaboration in Maryland. The products are being manufactured at Cannabist's Vineland facility using their premium cannabis oil and COAST's proprietary formulations.

The launch introduces eight wellness-focused gummy varieties including Energy, Balance, Relax, Recovery, Sleep, Sleep & Recovery, and Deep Sleep formulations. These products are now available at Cannabist locations in Deptford, Mays Landing, and Vineland. COAST's gummies are distinguished by their use of organic ingredients and absence of artificial additives or high-fructose corn syrup.

The Cannabist Company (OTCQB: CBSTF) has completed the sale of its Pennsylvania affiliate, which operates 3 medical dispensaries, to VP Investment Holdings for $10 million in cash. The strategic transaction includes a concurrent supply agreement with VP Holdings for products from Cannabist's grow/processing facility, gLeaf.

The dispensaries, located in Scranton, Allentown, and Wilkes-Barre, will be rebranded under the Restore brand. This move aligns with Cannabist's strategy to simplify operations and optimize assets, transitioning to a wholesale-focused model in Pennsylvania while leveraging their Saxton cultivation facility.

The Cannabist Company (OTCQB: CBSTF) reported Q2 2025 financial results with revenue of $86.4 million, down 1% quarter-over-quarter and 31% year-over-year. The company achieved Adjusted EBITDA of $8.5 million with a margin improvement of 30 basis points to 9.8%.

Key developments include completing a debt restructuring extending senior debt maturities to December 2028, selling Florida assets for $5 million, and announcing the sale of three Pennsylvania dispensaries for $10 million. The company launched adult-use sales in Delaware and implemented corporate restructuring for $2 million in annual cost savings.

Wholesale revenue grew 16% sequentially to $18.4 million, representing 21% of total revenue. The company operated 53 retail locations at quarter-end and maintained $15.5 million in cash.

The Cannabist Company (OTCQB: CBSTF) has launched adult-use cannabis sales across its three Columbia Care dispensary locations in Delaware. The company's retail locations in Rehoboth Beach, Wilmington, and Smyrna will now serve both recreational and medical cannabis customers with extended hours from 9am-9pm daily.

The company's 20,000-square-foot cultivation and production facility in Milford will support the expanded market. Customers can access The Cannabist Company's house brands including Amber, Classix, Hedy, Seed & Strain, Triple Seven, and partner brand Ric Flair Drip. The Smyrna location has been recently expanded to accommodate increased demand from adult-use sales.

The Cannabist Company (OTCQB: CBSTF) has scheduled its second quarter 2025 financial results announcement for August 7, 2025, before U.S. markets open. The company will host a conference call at 8:00 a.m. EST on the same day to discuss the results.

Interested participants must pre-register for the conference call through the provided registration link. A live audio webcast will be accessible through the company's Investor Relations website.

The Cannabist Company (CBSTF) has launched COAST Cannabis Co. edibles in Maryland, marking their first partnership collaboration. COAST, a woman-owned and led cannabis company, brings their premium gummies made with organic ingredients and free from artificial additives to both adult-use consumers and medical patients. The product line features award-winning ratio gummies with various cannabinoid combinations and fruit flavors, including energizing Raspberry Lime with THCv and Sleep Suite varieties with CBN in Blueberry, Cranberry Pomegranate, and Grape flavors. The gummies are currently available at all gLeaf and Columbia Care locations in Maryland, with COAST artisan chocolates planned for future release.