Cannabist Company president resigns, signs consulting deal

The Cannabist Company Holdings Inc. reported that President Jesse Channon resigned his employment position effective April 1, 2026.

Rhea-AI Filing Summary

The Cannabist Company Holdings Inc. reported that President Jesse Channon resigned his employment position effective April 1, 2026. Channon, who joined the company in 2019 and later became President, will continue supporting the business as a non-employee consultant under a new agreement.

Under this Consulting Engagement Agreement, he will receive $10,000 per month to provide corporate services from April 2, 2026 through July 3, 2026, with the term extendable or terminable pursuant to its terms. The agreement includes customary confidentiality provisions and is filed as Exhibit 10.1.

Insights

Corporate governance analyst

Company president exits employee role but remains short-term consultant.

The Cannabist Company’s President, Jesse Channon, resigned effective April 1, 2026, after serving in senior growth and commercial roles since 2019. Leadership changes at this level can affect continuity, but the filing does not describe any strategic shift or operational disruption.

Channon’s consulting agreement runs from April 2 to July 3, 2026 at $10,000 per month, helping bridge the transition while the company realigns responsibilities. The arrangement appears limited in duration and scope, suggesting a managed handover rather than an abrupt separation.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Monthly consulting fee: $10,000 per month Consulting start date: April 2, 2026 Consulting end date: July 3, 2026 +1 more

4 metrics

Monthly consulting fee $10,000 per month Compensation to Jesse Channon under Consulting Engagement Agreement

Consulting start date April 2, 2026 Beginning of initial consulting term for Jesse Channon

Consulting end date July 3, 2026 End of initial consulting term, unless modified or terminated

Resignation effective date April 1, 2026 Effective date of Jesse Channon’s resignation as President

Key Terms

Consulting Engagement Agreement, non-employee consultant capacity, customary confidentiality provisions, Emerging Growth Company

4 terms

Consulting Engagement Agreement financial

"In connection with his resignation, the Company and Mr. Channon entered into a Consulting Engagement Agreement, dated April 1, 2026"

non-employee consultant capacity financial

"Mr. Channon will provide certain corporate services to the Company in a non-employee consultant capacity."

customary confidentiality provisions financial

"The Consulting Agreement also contains customary confidentiality provisions."

Emerging Growth Company regulatory

"Emerging Growth Company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership change did The Cannabist Company (CBSTF) disclose?

The Cannabist Company disclosed that President Jesse Channon resigned his employment position effective April 1, 2026. He previously served as Chief Growth Officer and Chief Commercial Officer after joining the company in 2019, indicating a long-standing senior leadership role before this change.

Will Jesse Channon continue working with The Cannabist Company (CBSTF) after resigning?

Yes. After resigning as President, Jesse Channon entered into a Consulting Engagement Agreement with the company. He will provide certain corporate services in a non-employee consultant capacity, helping support the business during a defined transition period under agreed terms and compensation.

How much will The Cannabist Company (CBSTF) pay Jesse Channon under the consulting agreement?

Under the Consulting Engagement Agreement, The Cannabist Company will pay $10,000 per month to Jesse Channon. This monthly fee compensates him for providing specified corporate services as a non-employee consultant following his resignation from the President role at the company.

What is the term of Jesse Channon’s Consulting Engagement Agreement with CBSTF?

The consulting agreement’s initial term runs from April 2, 2026 to July 3, 2026. After this initial period, the arrangement may continue until modified or terminated according to its terms, giving the company flexibility to adjust the consulting relationship as needed over time.

Does Jesse Channon’s consulting agreement with CBSTF include confidentiality provisions?

Yes. The Consulting Engagement Agreement includes customary confidentiality provisions. These provisions are designed to protect The Cannabist Company’s sensitive business information while Channon serves as a non-employee consultant and continues to access corporate information to perform his contracted services.

Where can investors find the full text of Jesse Channon’s consulting agreement with CBSTF?

The full text of the Consulting Engagement Agreement with Jesse Channon is filed as Exhibit 10.1 to the report. Investors can review this exhibit to see all detailed terms, including services, compensation, confidentiality provisions, and conditions for modification or termination of the agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/07/2026 - 09:03 AM EDT Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 1, 2026

THE CANNABIST COMPANY HOLDINGS INC.

(Exact Name of Registrant as specified in its charter)

British Columbia	000-56294	98-1488978
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

321 Billerica Road Chelmsford, Massachusetts		01824
(Address of principal executive offices)		(Zip Code)

(978) 910-1486

(Registrant’s telephone number, including area code)

Not Applicable

(Registrant’s name or former address, if change since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 1, 2026, Jesse Channon, the President of The Cannabist Company Holdings Inc. (the “Company”), resigned his employment position with the Company, effective April 1, 2026. In connection with his resignation, the Company and Mr. Channon entered into a Consulting Engagement Agreement, dated April 1, 2026 (the “Consulting Agreement”), as further described below.

Through the Consulting Agreement, Mr. Channon will provide certain corporate services to the Company in a non-employee consultant capacity. Mr. Channon joined the Company as an employee in 2019 as the Chief Growth Officer prior to becoming its Chief Commercial Officer and then President. Pursuant to the Consulting Agreement, the Company will pay Mr. Channon $10,000 per month. The initial term of the Consulting Agreement is from April 2, 2026, to July 3, 2026, and may continue until modified or terminated on its terms. The Consulting Agreement also contains customary confidentiality provisions.

The foregoing description of the Consulting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Consulting Agreement, which is filed as an Exhibit 10.1 hereto.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit

No.	Description
10.1	Consulting Engagement Agreement, dated April 1, 2026, among The Cannabist Company Holdings Inc., and Jesse Channon

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	THE CANNABIST COMPANY HOLDINGS INC.
	By:	/s/ David Sirolly
	Name:	David Sirolly
	Title:	Chief Legal Officer & General Counsel

Date: April 7, 2026

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EXHIBIT 10.1 38.7 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 20.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 14.8 KB