Columbia Care Unveils New Name and Brand Identity – The Cannabist Company – to Bring Passion and People to the Forefront
19 September 2023 - 9:30PM
Business Wire
Company to Begin Trading Under CBST on Cboe
Canada as of September 21
Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP)
(“Columbia Care” or the “Company”), one of the largest and most
experienced cultivators, manufacturers and retailers of cannabis
products in the U.S., announced today its change in legal name to
The Cannabist Company Holdings Inc. and will rebrand to The
Cannabist Company (“Company”). The rebranding reflects the
Company’s continued dedication to building a cannabis company for
the future, which fosters innovation, creativity, and passion
across its teams, adult-use and medical customers, partners, and
the industry. In addition to the rebrand, the Company's common
shares and warrants will trade under the symbols “CBST” and
"CBST.WT", respectively, on Cboe Canada effective Thursday,
September 21, 2023.
“The rebrand to The Cannabist Company marks an incredibly
pivotal moment for us as an organization and speaks to where we are
heading. When we launched Cannabist, we wanted to create a brand
that could evolve with the rapidly growing industry and serve as
the hub for all customers, regardless of what brought them in our
doors. As we’ve opened Cannabists across the country, it became
clear to us that the ethos behind that retail brand represented our
company as a whole — a passion for cannabis that we all share and
fuels our work every day. The introduction of our Cannabist retail
experience has paved the way for a new level of innovation and
customer engagement, and we felt it was the right time for us to
step into a new future together as Cannabists. We are excited to
continue sharing our love for the plant and defining what that
means for our customers, partners, and communities,” said Jesse
Channon, Chief Commercial Officer, The Cannabist Company.
Cannabist was launched in 2021 as the Company’s national retail
brand, which now accounts for 36 locations across the country. The
retail experience was developed to educate, inspire, and serve the
rapidly growing cannabis market, delivering high quality products,
technology-led solutions, and a welcoming customer experience. The
Company will continue the process of converting its retail
portfolio to the Cannabist brand across the country in 2024.
“This marks an important milestone in the Company's evolution,
signaling a fresh chapter and solidifying our commitment to
providing an eco-system of collaborative technologies, products,
and services. We want to connect consumers to the best cannabis,
customers to the best experiences, partners to the best
opportunities, and communities to the best in each other. Since our
founding, we have been focused on providing high quality products,
as well as extraordinary service, to our customers and patients,
and this commitment to our community will always be at our core.
The Cannabist Company represents an opportunity to reintroduce
ourselves in a way that combines our trusted heritage, passion for
what we do, and the vision for where we are heading as a company
and as an industry,” said Nicholas Vita, CEO, The Cannabist
Company.
For more information, please visit cannabistcompany.com.
About The Cannabist Company (f/k/a Columbia Care)
The Cannabist Company, formerly known as Columbia Care, is one
of the largest and most experienced cultivators, manufacturers and
providers of cannabis products and related services, with licenses
in 16 U.S. jurisdictions. The Company operates 125 facilities
including 94 dispensaries and 31 cultivation and manufacturing
facilities, including those under development. Columbia Care, now
The Cannabist Company, is one of the original multi-state providers
of cannabis in the U.S. and now delivers industry-leading products
and services to both the medical and adult-use markets. In 2021,
the Company launched Cannabist, its retail brand, creating a
national dispensary network that leverages proprietary technology
platforms. The company offers products spanning flower, edibles,
oils and tablets, and manufactures popular brands including Seed
& Strain, Triple Seven, Hedy, gLeaf, Classix, Press, and Amber.
For more information, please visit www.cannabistcompany.com.
Caution Concerning Forward Looking Statements
This press release contains certain statements that constitute
“forward-looking information” or “forward-looking statements”
within the meaning of applicable securities laws and reflect the
Company’s current expectations regarding future events.
Forward-looking statements or information contained in this release
include, but are not limited to, statements or information with
respect to the Company’s rebranding, including timing of the
rebranding and the filing of the articles of amendment in
connection with the rebranding, and on its ability to execute on
retail, wholesale, brand and product initiatives. These
forward-looking statements or information, which although
considered reasonable by the Company, may prove to be incorrect and
are subject to known and unknown risks and uncertainties that may
cause actual results, performance or achievements of the Company to
be materially different from those expressed or implied by any
forward-looking information. In addition, securityholders should
review the risk factors discussed under “Risk Factors” in Columbia
Care’s Form 10-K for the year ended December 31, 2022, as, filed
with Canadian and U.S. securities regulatory authorities and
described from time to time in subsequent documents filed with
applicable securities regulatory authorities.
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version on businesswire.com: https://www.businesswire.com/news/home/20230919366096/en/
Investors Lee Ann Evans SVP, Capital Markets
investor@cannabistcompany.com
Media Lindsay Wilson SVP, Communications
media@cannabistcompany.com
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