Cannabist Co Holdings Inc. Files 8-K Report
Ticker: CBSTF · Form: 8-K · Filed: Aug 27, 2024 · CIK: 1776738
| Field | Detail |
|---|---|
| Company | Cannabist Co Holdings Inc. (CBSTF) |
| Form Type | 8-K |
| Filed Date | Aug 27, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $5 million, $3 million, $2 million, $11.4 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, corporate-update
TL;DR
Cannabist Co Holdings Inc. (formerly Columbia Care) filed an 8-K on Aug 21, 2024, detailing a material agreement.
AI Summary
On August 21, 2024, The Cannabist Company Holdings Inc. filed an 8-K report. The filing primarily concerns the entry into a material definitive agreement and includes financial statements and exhibits. The company, formerly known as Columbia Care Inc., is incorporated in British Columbia and has its principal executive offices in New York.
Why It Matters
This 8-K filing indicates a significant corporate event or agreement for Cannabist Co Holdings Inc., requiring disclosure to investors.
Risk Assessment
Risk Level: low — This is a routine filing for a material definitive agreement and financial statements, not indicating immediate financial distress or significant new risks.
Key Numbers
- 000-56294 — SEC File Number (Identifies the company's filing with the SEC)
- 98-1488978 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Cannabist Co Holdings Inc. (company) — Registrant
- Columbia Care Inc. (company) — Former company name
- August 21, 2024 (date) — Date of earliest event reported
- New York (location) — Principal executive offices location
- British Columbia (location) — Jurisdiction of incorporation
FAQ
What is the nature of the material definitive agreement filed by Cannabist Co Holdings Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 21, 2024.
What was Cannabist Co Holdings Inc. formerly known as?
The company was formerly known as Columbia Care Inc.
Where are Cannabist Co Holdings Inc.'s principal executive offices located?
The principal executive offices are located at 680 Fifth Ave., 24th Floor, New York, New York.
In which jurisdiction is Cannabist Co Holdings Inc. incorporated?
The company is incorporated in British Columbia.
Filing Stats: 801 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-08-27 16:05:54
Key Financial Figures
- $5 million — he Purchaser for total consideration of $5 million (the "Closing Consideration"), subject
- $3 million — . The Closing Consideration consists of $3 million of cash and a $2 million promissory not
- $2 million — on consists of $3 million of cash and a $2 million promissory note issued by the Purchaser
- $11.4 m — to the Buyer for total consideration of $11.4 million, subject to adjustment as describ
Filing Documents
- d891082d8k.htm (8-K) — 26KB
- d891082dex101.htm (EX-10.1) — 330KB
- d891082dex102.htm (EX-10.2) — 25KB
- d891082dex103.htm (EX-10.3) — 193KB
- 0001193125-24-207757.txt ( ) — 841KB
- ck0001776738-20240821.xsd (EX-101.SCH) — 2KB
- ck0001776738-20240821_lab.xml (EX-101.LAB) — 16KB
- ck0001776738-20240821_pre.xml (EX-101.PRE) — 10KB
- d891082d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1# Membership Interest Purchase Agreement, dated August 21, 2024, among Columbia Care LLC, Columbia Care Florida LLC, SFL Investment Holdings, LLC, Mint Florida Holdings, LLC, The Cannabist Company Holdings Inc. and The Cerberean Group LLC 10.2# Form of Promissory Note from SFL Investment Holdings, LLC and Mint Florida Holdings, LLC 10.3# Purchase Agreement, dated August 22, 2024, among 3 Boys Farm LLC, Cresco U.S. Corp., Columbia Care Florida LLC and Columbia Care LLC 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). # Certain exhibits and schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish a copy of any omitted schedule or exhibit to the SEC upon its request. 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: August 27, 2024