The Cannabist Company Announces Closing on Sale of Affiliate; Repositioning to a Wholesale Strategy in Pennsylvania
NEW YORK--(BUSINESS WIRE)--The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and ...
How does this transaction compare to similar divestitures by other cannabis firms, and what implications might it have for the company's competitive positioning?
What is the expected impact of shifting to a wholesale strategy on the company's revenue growth and profit margins in the Pennsylvania market?
How will the sale of the Pennsylvania affiliate affect The Cannabist Company's cash position and balance sheet strength?
11 days ago