Columbia Care, Inc. engages in the cultivation, manufacture and provision of medical cannabis products and services. It distributes its products under the EleCeed, TheraCeed, and ClaraCeed brands. The company was founded by Nicholas Vita and Michael Abbott in 2012 and is headquartered in New York, NY.
Company profile
Ticker
CBSTF, CCHWF
Exchange
Website
CEO
Nicholas Keane Vita
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Columbia Care Inc.
SEC CIK
Corporate docs
Subsidiaries
203 Organix, L.L.C. • Columbia Care - Arizona, Tempe, L.L.C. • Columbia Care-Arizona, Prescott, L.L.C. • Salubrious Wellness Clinic, Inc. • CA Care LLC • CC CA Realty LLC • CC California LLC • Focused Health LLC • Mission Bay, LLC • PHC Facilities, Inc. ...
IRS number
981488978
CBSTF stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
17 Apr 24
S-3/A
Shelf registration (amended)
12 Apr 24
D
$24.25 mm in debt, sold $24.25 mm, 7 investors
3 Apr 24
S-3
Shelf registration
2 Apr 24
8-K
Entry into a Material Definitive Agreement
20 Mar 24
S-8
Registration of securities for employees
19 Mar 24
8-K
The Cannabist Company Reports Fourth Quarter and Full Year 2023 Results
13 Mar 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
Entry into a Material Definitive Agreement
24 Jan 24
8-K
Departure of Directors or Certain Officers
19 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.32 mm | 3.32 mm | 3.32 mm | 3.32 mm | 3.32 mm | 3.32 mm |
Cash burn (monthly) | (no burn) | 4.00 mm | 11.29 mm | 36.94 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 27.32 mm | 77.08 mm | 252.09 mm | n/a | n/a |
Cash remaining | n/a | -24.01 mm | -73.76 mm | -248.77 mm | n/a | n/a |
Runway (months of cash) | n/a | -6.0 | -6.5 | -6.7 | n/a | n/a |
Institutional ownership, Q2 2023
6.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 31.78 mm |
Total shares | 27.91 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
SIGMA SAGITTARII | 27.79 mm | $0.00 |
Albert D Mason | 48.77 k | $21.00 k |
Partners Capital Investment | 45.00 k | $19.58 mm |
Hilton Capital Management | 15.00 k | $6.53 mm |
Carret Asset Management | 13.00 k | $5.66 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 24 | David James Hart | Common Shares | Option exercise | Acquire M | No | No | 0 | 1,090,909 | 0.00 | 2,952,578 |
5 Apr 24 | David James Hart | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 1,090,909 | 0.00 | 1,636,364 |
5 Apr 24 | Rosemary Mazanet | Common Shares | Option exercise | Acquire M | No | No | 0 | 363,636 | 0.00 | 2,116,159 |
5 Apr 24 | Rosemary Mazanet | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 363,636 | 0.00 | 545,455 |
5 Apr 24 | Jesse Channon | Common Shares | Option exercise | Acquire M | No | No | 0 | 727,272 | 0.00 | 1,800,426 |
5 Apr 24 | Jesse Channon | Restrictd Stock Units Common Shares | Option exercise | Dispose M | No | No | 0 | 727,272 | 0.00 | 1,090,910 |
5 Apr 24 | Derek Watson | Common Shares | Option exercise | Acquire M | No | No | 0 | 727,272 | 0.00 | 1,062,885 |
5 Apr 24 | Derek Watson | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 727,272 | 0.00 | 1,090,910 |
5 Apr 24 | Bryan Olson | Common Shares | Option exercise | Acquire M | No | No | 0 | 727,272 | 0.00 | 1,422,425 |
5 Apr 24 | Bryan Olson | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 727,272 | 0.00 | 1,090,910 |
News
4/20 Cannabis Retail Frenzy: Leading Brands Ready For Record Sales Surge - Who Will Lead?
20 Apr 24
Unionized Cannabis Industry Workers Threat Is Off, Eaze Conflict Reaches Agreement
17 Apr 24
EXCLUSIVE: Ric Flair Drip Cannabis Announces Expansion Into 6 New States
17 Apr 24
Ryan Burke Says Carma And Ric Flair Products Will Enter 6 new States NJ, OH, NY, FL, MD, PA In Partnership With Cannabist, Formerly Known As Columbia Care;
17 Apr 24
This Dividend-Paying Cannabis Stock Had Higher 1-Year Return Than Tesla, Citigroup, Apple And Zillow
11 Apr 24
Press releases
The Cannabist Company Announces Launch of its Award-Winning Triple Seven Brand in New York and Florida
16 Apr 24
The Cannabist Company and Revelry Expand Partnership to Four New East Coast Markets
9 Apr 24
The Cannabist Company Announces New Multi-State Retail, Manufacturing and Wholesale Partnership with Women-Led Brand, Flower by Edie Parker
4 Apr 24
The Cannabist Company to Report First Quarter 2024 Results on May 9, 2024
27 Mar 24
The Cannabist Company Announces Closing of US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027
19 Mar 24