Tag: CBT > The Cannabist Company: Page 2

Finance

The Cannabist Co. Reports Second Quarter 2024 Financial Results

The company reported $125 million in revenue for the period.

August 8, 2024

Arizona

Verano to Acquire Virginia License, Assets From The Cannabist Co. for $90M

The vertically integrated license includes a cultivation and production facility and six dispensaries. The agreement also includes Arizona assets.

July 29, 2024

Florida

THCA Element of Farm Bill Leads CBT’s Top Stories in June

The Cannabist Co.’s Florida exit, Ohio’s adult-use sales riddle and myriad hemp-related coverage were also among the most-read articles this month.

June 27, 2024

Florida

Cannabist Co. Exiting Florida Cannabis Market After $19M Loss in 2023

The company is divesting three cultivation facilities, 14 dispensaries and its license in the Sunshine State. It also initiated a corporate restructuring.

June 17, 2024

Virginia

The Cannabist Co. Opens 11th Dispensary in Virginia

The Cannabist Richmond medical cannabis retail facility expands access for patients in the commonwealth.

June 11, 2024

Finance

The Cannabist Co. Reports 1st Quarter 2024 Results

The multistate cannabis operator ended the three-month period with $122.6 million in revenue with a gross profit of $42.5 million.

May 9, 2024

The Last Word

Cresco Labs Returns to 'Core' After Terminating Columbia Care Deal

A conversation with Greg Butler, the cannabis company’s new president, on how Cresco re-mapped its vision after the deal fell through and top goals for the year ahead.

April 26, 2024

Industry Headlines

The Cannabist Co. Partners With Women-Led Brand, Flower by Edie Parker

The partnership is for six state cannabis markets and includes collaboration for retail, manufacturing and wholesale with the launch of a new edibles line.

April 4, 2024

Finance

The Cannabist Co. Reports $511 Million in Revenue in 2023

The multistate cannabis operator enters 2024 with a renewed focus after it unwound a merger agreement last year.

March 13, 2024

Florida

Coalition of Leading Florida Cannabis Operators Forms Florida Medical Marijuana Trade Association

The association’s mission is to advocate for Florida’s cannabis patients and industry.

February 29, 2024

Investing in Public Cannabis Companies

The Cannabist Co. Announces Debt Repurchase Agreement

The company’s agreement aims to reduce leverage by up to $25 million and decrease its interest expense.

January 22, 2024

Executive Leadership Team

The Cannabist Co. Announces New CEO, President

Co-founder Nicholas Vita retired as CEO, a position he held since 2012, but he will continue to serve as a member of the company’s board of directors.

January 16, 2024