Private company

Cannabist Co Holdings Inc.

Cannabist Co Holdings Inc. is a Canadian agricultural production-crops company based in Vancouver.2

Last updated Oct 21, 2026.

Overview

  • IndustryAgricultural Production-Crops2
  • HeadquartersVancouver, Canada2
  • Incorporated inBritish Columbia, Canada3
  • Business address321 Billerica Road, Chelmsford, Ma 018243
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • LEI9845007B45659F4F4F752
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressSUITE 2700, V6C 2X8 Vancouver, Canada2
  • Registered withBC Registry Services, C12064452

The Company’s common shares are listed on the Cboe Canada (the “ Cboe ”) under the symbol “CBST” and are quoted on the OTCQX Best Market (the “ OTCQX ”) under the symbol “CBSTF” and on the Frankfurt Stock Exchange under the symbol “3LP”.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

36.7%Gross margin6
-4.9%Operating margin6
-23.1%Net margin6
-10.3%Revenue growth, 20246
-$29.2MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue56¢$290.4M
  • Selling, general and admin36¢$188.3M
  • Income tax8¢$43.3M

Out of $458.7M in revenue.6 The company lost money this year.

Financial statements

Revenue786$458.7M in 2024+156% since 2020
0$200.0M$400.0M$600.0M2020: $179.5M$179.5M20202021: $460.1M$460.1M2021+156%2022: $511.6M$511.6M2022+11%2023: $511.3M$511.3M2023−0%2024: $458.7M$458.7M2024−10%
Gross profit786$168.3M in 2024+171% since 2020
0$100.0M$200.0M$300.0M2020: $62.1M$62.1M20202021: $194.0M$194.0M2021+212%2022: $201.2M$201.2M2022+4%2023: $180.0M$180.0M2023−11%2024: $168.3M$168.3M2024−6%
Operating income786-$22.3M in 2024−72% since 2020
-$600.0M-$400.0M-$200.0M02020: -$80.2M-$80.2M20202021: -$110.4M-$110.4M2021+38%2022: -$416.2M-$416.2M2022+277%2023: -$105.2M-$105.2M2023−75%2024: -$22.3M-$22.3M2024−79%
Net income786-$105.9M in 2024−12% since 2020
-$600.0M-$400.0M-$200.0M02020: -$119.6M-$119.6M20202021: -$146.9M-$146.9M2021+23%2022: -$416.0M-$416.0M2022+183%2023: -$175.7M-$175.7M2023−58%2024: -$105.9M-$105.9M2024−40%
Fiscal year201920202021202220232024
Revenue$179.5M7$460.1M8$511.6M6$511.3M6$458.7M6
Cost of revenue$310.2M6$331.4M6$290.4M6
Gross profit$62.1M7$194.0M8$201.2M6$180.0M6$168.3M6
Selling, general and admin$142.4M7$232.1M8$277.3M6$199.6M6$188.3M6
Operating expenses$304.4M8$617.5M6$285.2M6$190.6M6
Operating income-$80.2M7-$110.4M8-$416.2M6-$105.2M6-$22.3M6
Income before tax-$146.7M8-$432.7M6-$168.9M6-$61.8M6
Income tax-$16.2M7$139.0K8-$11.2M6$5.4M6$43.3M6
Net income-$119.6M7-$146.9M8-$416.0M6-$175.7M6-$105.9M6
Earnings per share-$0.417-$0.428-$1.066-$0.446-$0.236
Earnings per share (diluted)-$0.417-$0.428-$1.066-$0.446-$0.236
Shares (weighted, basic)338.8M shares8392.6M shares6402.8M shares6462.5M shares6
Shares (weighted, diluted)338.8M shares8392.6M shares6402.8M shares6462.5M shares6

Compare Cannabist Co Holdings Inc. with another company

Corporate structure

Cannabist Co Holdings Inc. sits at the top of its group. 97 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Cannabist Co Holdings Inc.

  • Bank of Montreal Filed SCHEDULE 13G/A on Cannabist Co Holdings Inc., latest Jan 8, 2026 (3 filings since Jul 8, 2025)
  • Nomura Holdings Filed SCHEDULE 13G/A on Cannabist Co Holdings Inc., latest Feb 14, 2025 (3 filings since Feb 14, 2024)
  • SIGMA SAGITTARII Ltd Filed SC 13G/A on Cannabist Co Holdings Inc., latest Feb 15, 2024 (2 filings since Feb 21, 2023)
  • Nicholas Vita Filed SC 13G/A on Cannabist Co Holdings Inc., latest Feb 14, 2024 (2 filings since Feb 14, 2023)
  • Cannabist Co Holdings Inc. Vancouver, British Columbia, Canada
    • Access Bryant SPC Subsidiary · California, United States
    • Apelles Realty, LLC Subsidiary · Delaware, United States
    • Avum, LLC Subsidiary · Delaware, United States
    • Beacon Holdings, LLC Subsidiary · Colorado, United States
    • Bist Merch LLC Subsidiary · Delaware, United States
    • CA Care LLC Subsidiary · California, United States
    • Cannascend Alternative Logan, L.L.C. Subsidiary · Ohio, United States
    • Cannascend Alternative, LLC Subsidiary · Ohio, United States
    • Capital City Care LLC Subsidiary · Delaware, United States
    • Capital City Cultivation LLC Subsidiary · Delaware, United States
    • CC CA Realty LLC Subsidiary · California, United States
    • CC California LLC Subsidiary · California, United States
    • CC Logistics Services LLC Subsidiary · New York, United States
    • CC OH Realty LLC Subsidiary · Ohio, United States
    • CC PA Realty LLC Subsidiary · Pennsylvania, United States
    • CC Procurement LLC Subsidiary · Delaware, United States
    • CC VA HoldCo LLC Subsidiary · Delaware, United States
    • CCPA Industrial Hemp LLC Subsidiary · Pennsylvania, United States
    • Col. Care (Delaware) LLC Subsidiary · Delaware, United States
    • Columbia Care - Arizona, Prescott DE, L.L.C. Subsidiary · Delaware, United States
    • Columbia Care - Arizona, Tempe DE, L.L.C. Subsidiary · Delaware, United States
    • Columbia Care Adopt-A-Family Corp. Subsidiary · Massachusetts, United States
    • Columbia Care CA LLC Subsidiary · Delaware, United States
    • Columbia Care CO Inc. Subsidiary · Delaware, United States
    • Columbia Care DC LLC Subsidiary · Delaware, United States
    • and 71 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Cannabist Co Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$320.9M6 Dec 31, 2024$414.7M6 Dec 31, 2023−22.6%
Accumulated depreciation$92.5M6 Dec 31, 2024$116.2M6 Dec 31, 2023−20.4%
Property and equipment, net$228.4M6 Dec 31, 2024$298.5M6 Dec 31, 2023−23.5%
Finance-lease assets$25.5M6 Dec 31, 2024$36.5M6 Dec 31, 2023−30.0%
Operating-lease assets (leased space)$124.7M6 Dec 31, 2024$181.8M6 Dec 31, 2023−31.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$08 Dec 31, 2023$19.3M8 Dec 31, 2022−100.0%
Intangible assets, net (excluding goodwill)$51.2M6 Dec 31, 2024$76.8M6 Dec 31, 2023−33.2%
Accumulated amortization$97.8M6 Dec 31, 2024$93.1M6 Dec 31, 2023+5.0%
Finite-lived intangibles, net$51.2M6 Dec 31, 2024$76.8M8 Dec 31, 2023−33.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$94.5M6 Dec 31, 2024$111.6M6 Dec 31, 2023−15.3%
Raw materials$1.1M6 Dec 31, 2024$1.2M6 Dec 31, 2023−8.1%
Work in process$66.9M6 Dec 31, 2024$86.4M6 Dec 31, 2023−22.5%
Finished goods$26.5M6 Dec 31, 2024$24.1M6 Dec 31, 2023+10.1%

Properties, in its own words

The following tables set forth the Company’s principal physical properties.

Corporate Properties

The rest of Item 2

Headquarters * · New York, NY · Lease

Shared Service Center · Chelmsford, MA · Lease

Former TGS Headquarters · Denver, CO · Lease

Production Properties

San Diego Cultivation Facility · San Diego, CA · Lease

Denver Cultivation Facility 1 · Denver, CO · Lease

Denver Cultivation Facility 2 · Denver, CO · Lease

Denver Cultivation Facility 3 · Denver, CO · Lease

Denver Manufacture Facility · Denver, CO · Lease

Denver Warehouse · Denver, CO · Lease

Trinidad Cultivation Facility 1 · Trinidad, CO · Lease

Production Properties

Trinidad Cultivation Facility 2 · Trinidad, CO · Lease

Milford Cultivation Facility 1 · Milford, DE · Lease

Milford Cultivation Facility 2 * · Milford, DE · Own

Lakeland Cultivation Facility · Lakeland, FL · Lease

Aurora Cultivation Facility · Aurora, IL · Lease

Lowell Cultivation Facility · Lowell, MA · Lease

Frederick Cultivation Facility · Frederick, MD · Own

Vineland Cultivation Facility 1 · Vineland, NJ · Lease

Vineland Cultivation Facility 2 · Vineland, NJ · Own

Rochester Cultivation Facility · Rochester, NY · Lease

Riverhead Cultivation Facility · Riverhead, NY · Own

Mount Orab Cultivation Facility · Mount Orab, OH · Lease

Columbus Manufacturing Facility · Columbus, OH · Own

Pennsylvania Cultivation Facility · Saxton, PA · Lease

Richmond Cultivation Facility · Richmond, VA · Lease

Falling Waters Cultivation Facility · Falling Waters, WV · Lease

Retail Properties

Cannabist San Diego · San Diego, CA · Lease

The Healing Center San Diego · San Diego, CA · Lease

Project Cannabis San Francisco · San Francisco, CA · Lease

The Green Solution Ft. Collins · Ft. Collins, CO · Lease

The Green Solution Southeast Aurora · Aurora, CO · Lease

The Green Solution East Aurora · Aurora, CO · Lease

The Green Solution Central Aurora · Aurora, CO · Lease

The Green Solution W Aurora · Aurora, CO · Lease

The Green Solution South Aurora · Aurora, CO · Lease

The Green Solution Northglenn · Northglenn, CO · Lease

The Green Solution Glendale · Glendale, CO · Lease

The Green Solution North Denver · Denver, CO · Lease

The Green Solution Union Station · Denver, CO · Lease

The Green Solution Westminster · Denver, CO · Lease

The Green Solution West Denver · Denver, CO · Lease

The Green Solution Sheridan · Sheridan, CO · Lease

The Green Solution Edgewater · Edgewater, CO · Lease

The Green Solution Pueblo · Pueblo, CO · Lease

The Green Solution Black Hawk · Black Hawk, CO · Lease

The Green Solution Trinidad · Trinidad, CO · Lease

Clearance Cannabis Trinidad · Trinidad, CO · Lease

The Green Solution Silver Plume · Silver Plume, CO · Lease

The Green Solution Aspen · Aspen, CO · Lease

The Green Solution Glenwood Springs · Glenwood Springs, CO · Lease

Medicine Man Denver · Denver, CO · Lease

Medicine Man Aurora · Aurora, CO · Lease

Medicine Man Thornton · Thornton, CO · Lease

Medicine Man Longmont · Longmont, CO · Lease

Columbia Care Rehoboth Beach · Rehoboth Beach, DE · Lease

Columbia Care Smyrna · Smyrna, DE · Lease

Columbia Care Wilmington · Wilmington, DE · Lease

Cannabist Chicago · Chicago, IL · Lease

Cannabist Villa Park · Villa Park, IL · Lease

Columbia Care Chevy Chase · Chevy Chase, MD · Lease

gLeaf Frederick · Frederick, MD · Lease

gLeaf Rockville · Rockville, MD · Lease

Patriot Care Greenfield · Greenfield, MA · Lease

Cannabist Lowell · Lowell, MA · Lease

Mays Landing · Blackhorse Pike, NJ · Lease

Cannabist Vineland · Vineland, NJ · Lease

Cannabist Deptford · Deptford, NJ · Lease

Cannabist Brooklyn · Brooklyn, NY · Lease

Columbia Care Riverhead · Riverhead, NY · Lease

Columbia Care Dayton · Dayton, OH · Own

Columbia Care Logan · Logan, OH · Own

Columbia Care Marietta · Marietta, OH · Own

Columbia Care Monroe · Monroe, OH · Own

gLeaf Warren · Warren, OH · Lease

Columbia Care Allentown · Allentown, PA · Lease

Retail Properties

Columbia Care Scranton · Scranton, PA · Lease

Columbia Care Wilkes-Barre · Wilkes-Barre, PA · Lease

gLeaf Richmond · Richmond, VA · Lease

gLeaf Short Pump · Short Pump, VA · Lease

Cannabist Laburnum · Laburnum, VA · Lease

Cannabist Williamstown · Williamstown, WV · Lease

Cannabist Huntington · Huntington, WV · Lease

Cannabist Morgantown · Morgantown, WV · Lease

Cannabist Beckley · Beckley, WV · Lease

Cannabist St. Albans · St. Albans, WV · Lease

*During 2025, the Company exited the New York office and sold its Milford Cultivation Facility 2 property.

Item 2 of the 10-K filed Mar 17, 2025.5

Leadership

Who has led Cannabist Co Holdings Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (13)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorJonathan P May named Feb 18, 2022 to Apr 3, 202429
  • DirectorMichael Abbott named Feb 18, 2022 to Apr 3, 202429

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Access Bryant SPC California4
  • Apelles Realty, LLC Delaware4
  • Avum, LLC Delaware4
  • Beacon Holdings, LLC Colorado4
  • Bist Merch LLC Delaware4
  • CA Care LLC California4
  • CC CA Realty LLC California4
  • CC California LLC California4
  • CC Logistics Services LLC New York4
  • CC OH Realty LLC Ohio4
  • CC PA Realty LLC Pennsylvania4
  • CC Procurement LLC Delaware4
  • CC VA HoldCo LLC Delaware4
  • CCPA Industrial Hemp LLC Pennsylvania4
  • Cannascend Alternative Logan, L.L.C. Ohio4
  • Cannascend Alternative, LLC Ohio4
  • Capital City Care LLC Delaware4
  • Capital City Cultivation LLC Delaware4
  • Col. Care (Delaware) LLC Delaware4
  • Columbia Care - Arizona, Prescott DE, L.L.C. Delaware4
  • Columbia Care - Arizona, Tempe DE, L.L.C. Delaware4
  • Columbia Care - Arizona, Tempe, L.L.C. Arizona4
  • Columbia Care Adopt-A-Family Corp. Massachusetts4
  • Columbia Care CA LLC Delaware4
All 99 listed subsidiaries
  • Columbia Care CO Inc. Delaware4
  • Columbia Care DC LLC Delaware4
  • Columbia Care DE Management, LLC Delaware4
  • Columbia Care DE Realty LLC Delaware4
  • Columbia Care Delaware, LLC Delaware4
  • Columbia Care Illinois LLC Delaware4
  • Columbia Care Industrial Hemp LLC New York4
  • Columbia Care International HoldCo LLC Delaware4
  • Columbia Care LLC Delaware4
  • Columbia Care MD, LLC Maryland4
  • Columbia Care ME LLC Maine4
  • Columbia Care MO LLC Missouri4
  • Columbia Care Maine Holding Company LLC Delaware4
  • Columbia Care Maryland LLC Delaware4
  • Columbia Care Michigan LLC Michigan4
  • Columbia Care NJ Realty LLC New Jersey4
  • Columbia Care NM LLC New Mexico4
  • Columbia Care NY LLC New York4
  • Columbia Care NY RO LLC New York4
  • Columbia Care NY Realty LLC New York4
  • Columbia Care New Jersey LLC New Jersey4
  • Columbia Care OH LLC Ohio4
  • Columbia Care PR LLC Delaware4
  • Columbia Care Partners LLC Delaware4
  • Columbia Care Pennsylvania LLC Pennsylvania4
  • Columbia Care Puerto Rico LLC Puerto Rico4
  • Columbia Care Thornton LLC Colorado4
  • Columbia Care UK Ltd United Kingdom4
  • Columbia Care UT LLC Utah4
  • Columbia Care WV Industrial Hemp LLC West Virginia4
  • Columbia Care WV LLC West Virginia4
  • Columbia Care-Arizona LLC Delaware4
  • Columbia Care-Arizona, Prescott, L.L.C. Arizona4
  • Corsa Verde LLC Ohio4
  • Curative Health Cultivation LLC Illinois4
  • Curative Health LLC Illinois4
  • Dellock Digital, LLC Colorado4
  • Equity Health Partners DE LLC Delaware4
  • Focused Health LLC California4
  • Future Vision Brain Bank, LLC Colorado4
  • Futurevision, Ltd. Colorado4
  • Green Leaf Extracts, LLC Maryland4
  • Green Leaf Management, LLC Maryland4
  • Green Leaf Medical Of Virginia, LLC Virginia4
  • Green Leaf Medical of Ohio II, LLC Ohio4
  • Green Leaf Medical of Ohio III, LLC Ohio4
  • Green Leaf Medical, LLC Delaware4
  • Green Leaf Medicals LLC Pennsylvania4
  • High Rise Media, LLC Colorado4
  • Infuzionz, LLC Colorado4
  • La Yerba Buena LLC Delaware4
  • MJ Brain Bank, LLC Colorado4
  • Mission Bay, LLC California4
  • Oveom LLC Delaware4
  • PHC Facilities, Inc. California4
  • Patriot Care Corp. Massachusetts4
  • Peach Blossom Partners LLC Delaware4
  • Resource Referral Services, Inc. California4
  • Rocky Mountain Tillage, LLC Colorado4
  • TGS Colorado Management, LLC Colorado4
  • TGS Global, LLC Colorado4
  • Tetra FinCo LLC Delaware4
  • Tetra Holdings LLC Delaware4
  • Tetra OpCo LLC Delaware4
  • The Green Room Social Equity Partners LLC Illinois4
  • The Green Solution, LLC Colorado4
  • The Healing Center Of San Diego California4
  • The Launch Pad LLC Colorado4
  • The Supergroup Creative Omnimedia, Inc. Georgia4
  • The Wellness Earth Energy Dispensary, Inc. California4
  • Time For Healing, LLC Maryland4
  • VF DC Realty, LLC Delaware4
  • VentureForth Holdings LLC Washington, D.C.4
  • VentureForth LLC Washington, D.C.4
  • Wellness Institute Of Maryland, LLC Maryland4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Columbia Care Inc.May 14, 2019 to Sep 13, 20233

Timeline

  1. Aug 13, 20268-K Entered a material agreement30
  2. May 8, 20268-K Completed an acquisition or sale; Other events31
  3. Apr 7, 20268-K Executive or director change32
  4. Mar 24, 20268-K Entered a material agreement; Bankruptcy or receivership; Regulation FD disclosure33
  5. Mar 19, 20268-K Entered a material agreement34
  6. Mar 9, 20268-K Entered a material agreement35
  7. Mar 2, 20268-K Entered a material agreement36
  8. Feb 23, 20268-K Entered a material agreement37
  9. Feb 18, 20268-K Entered a material agreement38
  10. Feb 6, 20268-K Entered a material agreement; Completed an acquisition or sale; Regulation FD disclosure39
  11. Feb 3, 20268-K Entered a material agreement40
  12. Jan 30, 20268-K Other events41
  13. Mar 19, 2024New chief executive David James Hart becomes CEO11
  14. Apr 14, 2022New chief executive Nicholas Vita becomes CEO12
  15. Apr 26, 2019Founded Cannabist Co Holdings Inc. is founded2

Calendar

When it reported results

  1. Nov 10, 2025Reported quarterly or annual results42
  2. Aug 7, 2025Reported quarterly or annual results43
  3. May 8, 2025Reported quarterly or annual results44
  4. Mar 18, 2025Reported quarterly or annual results45
  5. Mar 14, 2024Reported quarterly or annual results46
  6. Nov 14, 2023Reported quarterly or annual results47
  7. Aug 15, 2023Reported quarterly or annual results48
  8. May 15, 2023Reported quarterly or annual results49

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

402 filings to the SEC since October 2021: 6 annual reports, 12 quarterly reports, 65 major events, 235 insider forms, 10 large holders, 3 private raises, 71 other. The latest 20:

  1. Aug 13, 20268-K EDGAR
  2. May 8, 20268-K EDGAR
  3. Apr 7, 20268-K EDGAR
  4. Mar 31, 2026NT 10-K EDGAR
  5. Mar 26, 2026EFFECT EDGAR
  6. Mar 26, 2026EFFECT EDGAR
  7. Mar 26, 2026EFFECT EDGAR
  8. Mar 26, 2026EFFECT EDGAR
  9. Mar 25, 2026S-8 POS EDGAR
  10. Mar 25, 2026S-8 POS EDGAR
  11. Mar 25, 2026POS AM EDGAR
  12. Mar 25, 2026POS AM EDGAR
  13. Mar 25, 2026POS AM EDGAR
  14. Mar 25, 2026POS AM EDGAR
  15. Mar 24, 20268-K EDGAR
  16. Mar 19, 20268-K EDGAR
  17. Mar 9, 20268-K EDGAR
  18. Mar 2, 20268-K EDGAR
  19. Feb 23, 20268-K EDGAR
  20. Feb 18, 20268-K EDGAR

The 402 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

47 open-market trades by officers, directors and large owners since October 2021: 16 buys and 31 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 27, 2024SIROLLY DAVIDChief Legal Officer/GCBuy14,265$0.35$5.0KForm 4
Mar 26, 2024HILL JULIE ADirectorBuy20,426$0.34$6.9KForm 4
Mar 18, 2024CLARKE JEFFDirectorBuy100,000$0.26$26.0KForm 4
Mar 18, 2024CHANNON JESSEPresidentBuy34,300$0.26$8.9KForm 4
Mar 18, 2024WATSON DEREKChief Financial OfficerBuy5,000$0.26$1.3KForm 4
Mar 18, 2024HART DAVID JAMESChief Executive OfficerBuy100,000$0.26$26.0KForm 4
Dec 28, 2023WORTHINGTON ALISONSale43,257$0.43$18.6KForm 4
Dec 27, 2023OLSON BRYANChief HR OfficerSale51,552$0.43$22.2KForm 4
Dec 22, 2023VITA NICHOLASDirectorSale200,000$0.39$78.0KForm 4
Dec 21, 2023VITA NICHOLASDirectorSale300,000$0.38$114.0KForm 4
Dec 20, 2023VITA NICHOLASDirectorSale100,000$0.39$39.0KForm 4
Dec 18, 2023VITA NICHOLASDirectorSale100,000$0.40$40.0KForm 4
Dec 12, 2023VITA NICHOLASDirectorSale200,000$0.38$76.0KForm 4
Dec 11, 2023VITA NICHOLASDirectorSale150,000$0.43$64.5KForm 4
Dec 7, 2023VITA NICHOLASDirectorSale100,000$0.39$39.0KForm 4
Dec 6, 2023VITA NICHOLASDirectorSale300,000$0.36$108.0KForm 4
Dec 5, 2023VITA NICHOLASDirectorSale200,000$0.35$70.0KForm 4
Dec 5, 2023CLARKE JEFFDirectorSale124,220$0.35$43.5KForm 4
Dec 4, 2023VITA NICHOLASDirectorSale150,000$0.35$52.5KForm 4
Nov 29, 2023VITA NICHOLASDirectorSale100,000$0.34$34.0KForm 4

All 47 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2024Nicholas Vita$19.1K$2.0M54
2024David Hart48$496.6K$1.4M54
2024Jesse Channon$408.9K$982.0K54
2024Derek Watson$370.0K$787.7K54
2023CEO and Director$375.0K$1.7M54
2023President$347.9K$1.3M54
2023Former CEO & Director$500.0K$520.0K54

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$146.8M 2022–2024
Money received by yearMoney received by year, 2022–2024: $146.8M in all. Private raises (Form D) $146.8M.$0$50M$100M$150M2022 · Private raises (Form D): $122.6M202220232024 · Private raises (Form D): $24.2M2024
Figures by year
YearPrivate raises (Form D)Total
2024$24.2M$24.2M
2022$122.6M$122.6M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Mar 19, 2024Raised $24.2 million in a private offering of debt29 Form D: 7 investors so far Form D
  2. Apr 18, 2022Raised $47.6 million in a private offering of equity55 Form D: 13 investors so far Form D
  3. Feb 3, 2022Raised $75 million in a private offering of debt56 Form D: 24 investors so far Form D

SEC filer profile

How Cannabist Co Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCannabist Co Holdings Inc.1
  • CIK0001776738
  • Employer ID (EIN)98-14889785
  • Filer statusAccelerated filer an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inBritish Columbia5
  • Fiscal year endsDecember 311
  • Industry code (SIC)0100 Agricultural Production-Crops1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address321 Billerica Road, Chelmsford, MA 018241
  • Phone21255434241
  • Shares outstanding497,455,422 as of Nov 4, 202510
  • Public float$30.7M as of Dec 31, 20245
  • AuditorPKF O’Connor Davies, LLP, New York, New York PCAOB ID 127; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceMay 14, 20191
  • Filings407 in all: 4 (202), 8-K (63), 3 (16), 10-Q (12), CORRESP (11), UPLOAD (10), DEFA14A (8), EFFECT (8)1
    All 41 form types

    3/A (6), 5 (6), 4/A (5), D (5), 10-K (4), DEF 14A (4), POS AM (4), 10-12G/A (3), ARS (3), SC 13G (3), SC 13G/A (3), SCHEDULE 13G/A (3), 10-12G (2), 10-K/A (2), 8-K/A (2), S-1 (2), S-3 (2), S-8 (2), S-8 POS (2), 424B3 (1), 424B5 (1), DEFM14A (1), DEL AM (1), NT 10-K (1), PREM14A (1), PRER14A (1), RW (1), S-1/A (1), S-3/A (1), SCHEDULE 13G (1), SEC STAFF ACTION (1), T-3 (1), T-3/A (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2025
    Quarterly report (10-Q) Nov 10, 2025
    Proxy statement (DEF 14A) Sep 3, 2025
    Latest 8-K (8-K) Aug 13, 2026

Risk factors and legal proceedings

The risks Cannabist Co Holdings Inc. names in Item 1A of its 10-K filed Mar 17, 2025: 77 risks under these headings, as written.5

  • Risks Related to the 2025 Debt Transaction
  • The completion of the Plan of Arrangement may not occur or may be delayed.
  • The Support Agreement may be terminated.
  • If the Plan of Arrangement is not completed, the market price or value of the Senior Notes and/or of the Common Shares may decline.
  • The uncertainty surrounding the Plan of Arrangement could negatively impact the Company’s current and future operations, financial condition and prospects.
  • The pending Plan of Arrangement may divert the attention of the Company’s management.
  • Despite the Company’s current level of indebtedness, the Company may be able to incur more debt following completion of the Plan of Arrangement. This level of indebtedness could further exacerbate risks to the Company’s financial condition.
  • The Plan of Arrangement may have adverse tax consequences on the Company.
  • Following the Plan of Arrangement, the Company may not be able to generate sufficient cash to service all of its indebtedness, including the New Notes, and may be forced to take other actions to satisfy its obligations under its indebtedness, which may not be successful.
  • Risks Related to Our Business
  • Marijuana remains illegal under federal law, and enforcement of cannabis laws could change.
  • There is no guarantee that the Rohrabacher-Farr Amendment will be renewed.
The other 67 risks
  • There is a risk of civil asset forfeiture of the Company’s assets.
  • The Company is subject to anti-money laundering laws and regulations.
  • U.S. border officials could deny entry into the U.S. to employees of, or investors in companies with cannabis operations in the United States.
  • The Company may lack access to U.S. bankruptcy protections.
  • The Company may face heightened scrutiny by regulatory authorities.
  • Residents of the United States may be unable to settle trades of the Company’s securities.
  • The cannabis industry may experience legal, regulatory or political change.
  • The Company may have difficulty accessing the services of banks, which may make it difficult to operate its business.
  • The Company may have difficulty accessing public and private capital.
  • The Company may face unfavorable publicity or consumer perception.
  • The results of future clinical research may have a material adverse effect on the Company.
  • Expansion into the adult-use cannabis market may subject the Company to additional regulation.
  • The Company’s business is subject to a variety of laws, regulations and guidelines.
  • The Company may face penalties for regulatory violations
  • The Company may face risks related to FDA and FTC enforcement.
  • Cannabis businesses are subject to unfavorable tax treatment as a result of Section 280E.
  • The Company’s service providers may suspend or withdraw their services.
  • The Company may be unable to enforce its contracts.
  • Ability to grow the Company’s business depends on state laws pertaining to the cannabis industry.
  • Reliable data on the cannabis industry is not available.
  • Conversions and potential future sales of shares could adversely affect prevailing market prices for the common shares.
  • Additional issuances of Common Shares, Proportionate Voting Shares, and Preferred Shares may result in dilution.
  • The Company’s Articles provides that the Supreme Court of the Province of British Columbia, Canada and the appellate Courts therefrom are the sole and exclusive forum for any derivative action brought on behalf of the Company, which may limit our investors’ flexibility in selecting a forum for any future disputes.
  • The Company may grow low quality cannabis.
  • The Company faces risks inherent in the agricultural business.
  • Climate change could exacerbate certain of the risks inherent in the Company’s agricultural operations.
  • The Company may face risks related to its third-party product manufacturers.
  • The Company is exposed to product liability claims.
  • The Company’s products may be subject to product recalls.
  • Significant failure or deterioration of the Company’s quality control systems could have a material adverse effect on the Company.
  • The Company is subject to environmental risk and regulation.
  • The Company has limited operating history.
  • The Company had net losses during the fiscal year ended December 31, 2024.
  • The Company’s efforts to obtain needed capital resources and sources of liquidity may not be sufficient to support its business operations and future growth strategies.
  • The Company faces intense competition from other companies.
  • New well-capitalized entrants into the cannabis industry may develop large-scale operations.
  • The Company is vulnerable to rising energy costs.
  • The Company is reliant is on key inputs.
  • The Company is reliant on suppliers and skilled labor.
  • The Company’s sales are difficult to forecast.
  • The Company faces intellectual property risks.
  • The Company may not be able to protect its trademarks.
  • The Company may infringe on intellectual property rights of third parties.
  • The Company faces competition from synthetic production and technological advances.
  • The Company may face constraints on marketing products.
  • The Company may be exposed to risk of fraudulent or illegal activity by employees, contractors and consultants.
  • Certain jurisdictions currently prohibit public company ownership of cannabis businesses.
  • The Company depends on information technology systems and may experience cyber-attacks.
  • A security breach may have a material adverse effect on the Company.
  • We have been, and expect to continue to be, a target of cyberattacks. If our internal networks, systems, or data are or are perceived to have been compromised, our reputation may be damaged and our financial results may be negatively affected.
  • The Company is subject to high bonding and may face difficulty obtaining insurance coverage.
  • The Company may not pay dividends.
  • The Company’s use of customer information and other personal and confidential information may have an adverse impact.
  • The Company is subject to taxation in both Canada and the United States.
  • The Company may be subject to net operating loss and certain other tax attribute limitations.
  • Dividends may be subject to Canadian and/or United States withholding tax.
  • Transfers of Common Shares may be subject to United States gift, estate and transfer taxes.
  • Changes in tax laws may affect the Company and its shareholders.
  • Market price of the common shares may be highly volatile.
  • Further equity financing may dilute the interests of the Company shareholders and depress the price of the common shares.
  • Conflicts of interest may exist between the Company and its directors or officers.
  • Certain remedies may be limited.
  • We have identified conditions and events that raise substantial doubt about our ability to continue as a going concern and it is possible that we may identify conditions and events in the future that raise substantial doubt about our ability to continue as a going concern.
  • General Risk Factors
  • The Company is reliant on management.
  • The Company may become party to litigation from time to time.
  • The Company may be unable to manage its growth effectively.
  • The Company is subject to significant costs of being a public company.

Legal proceedings

Legal Proceedings

None, other than in the normal course of business.

The opening of Item 3, Legal Proceedings.5

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