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Cannabist Co Holdings Inc (Cannabist Co), formerly Columbia Care, is a cultivator, manufacturer, and provider of cannabis products and related services. The company's product portfolio includes flowers, edibles, oils, and tablets. The company markets its products under the brands Seed & Strain, Triple Seven, Hedy, gLeaf, Classix, Press, and Amber. Cannabist Co's products cater to both the medical and adult-use markets, serving a wide range of customers across various industries. The company leverages its proprietary technology platforms to operate a national dispensary network under its retail brand, Cannabist. The company through its subsidiaries operates in the UK and the US. Cannabist Co is headquartered in New York, the US.
Headquarters
United States of America
Address
24th Floor, 680 Fifth Avenue, New York, 10019
Website
investors.columbia.care
Telephone
1 212 6347100
No of Employees
2,191
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
CBST (NLB)
Revenue (2022)
$511.3M
-0%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
57.8%
(2022 vs 2021)
Market Cap*
$133.9M
Net Profit Margin (2022)
XYZ
57.8%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Cannabis | Seed & Strain |
| Flowers | Triple Seven |
| Edibles | Hedy |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with Flower by Edie Parker to launch Flower by Edie Parker’s premium cannabis product. |
| 2024 | New Products/Services | In April, the company launched Triple Seven in New York and Florida. |
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with Airo Brands to expand into Virginia and Pennsylvania. |
Competitor Comparison
| Key Parameters | Cannabist Co Holdings Inc | Curaleaf Holdings Inc | Cresco Labs Inc | Tilray Brands Inc | Acreage Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Canada | United States of America |
| City | New York | New York | Chicago | Leamington | New York |
| State/Province | New York | New York | Illinois | Ontario | New York |
| No. of Employees | 2,191 | 5,650 | 2,760 | 1,600 | 1,016 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Abbott | Chairman | Executive Board | 2012 | 59 |
| David Hart | Chief Executive Officer | Senior Management | 2024 | 68 |
| Derek Watson | Chief Financial Officer | Senior Management | 2022 | 53 |
| David Sirolly | Chief Legal Officer; General Counsel | Senior Management | 2021 | 49 |
| Rosemary Mazanet | Chief Scientific Officer | Senior Management | 2017 | 68 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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