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Cannabist Company Holdings Inc (The) - CCHWF STOCK NEWS

Welcome to our dedicated news page for Cannabist Company Holdings (The) (Ticker: CCHWF), a resource for investors and traders seeking the latest updates and insights on Cannabist Company Holdings (The).

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 Cannabist Company Holdings (The)'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 Cannabist Company Holdings (The)'s position in the market.

Rhea-AI Summary
The Cannabist Company announced the closing of a private placement with institutional investors, raising approximately C$33.8 million or US$25 million. The Company intends to use the proceeds to reduce its outstanding debt and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
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none
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Rhea-AI Summary
Columbia Care Inc. changes its name to The Cannabist Company and will rebrand accordingly. The company's common shares and warrants will trade under the symbols 'CBST' and 'CBST.WT' on Cboe Canada starting September 21, 2023. The rebranding reflects the company's dedication to innovation, creativity, and passion in the cannabis industry. The retail brand Cannabist will be expanded across the country in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
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none
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Rhea-AI Summary
Columbia Care Inc. announces private placement offering of 22,244,210 units at C$1.52 per unit, raising C$33.8 million or approximately US$25 million. Investors have the option to purchase an additional US$25 million in units. Proceeds will be used to reduce debt and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
Rhea-AI Summary
Columbia Care Inc. to participate in upcoming conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
conferences
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Rhea-AI Summary
Columbia Care appoints Rosemary Mazanet, M.D., PhD., as a member of the Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.96%
Tags
management
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Rhea-AI Summary
Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) reported its Q2 2023 financial and operating results, with a 4% sequential revenue growth to over $129 million, a 11% increase in gross profit, and an Adjusted EBITDA of over $20 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.77%
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none
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Rhea-AI Summary
Columbia Care Inc. (NEO: CCHW) voluntarily delists its common shares from the Canadian Securities Exchange (CSE) but will continue trading on Cboe Canada, the Company’s primary exchange. This decision aims to streamline trading activity, enhance price formation, and provide greater transparency for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
Tags
conferences earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
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none
Cannabist Company Holdings Inc (The)

OTC:CCHWF

CCHWF Rankings

CCHWF Stock Data

521.35M
341.68M
Medicinal and Botanical Manufacturing
Manufacturing
US
New York