Columbia Care Inc
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Health Care : Pharmaceuticals | Small Cap Value
Company profile

Columbia Care Inc. is a cultivator, manufacturer and retailer of cannabis products and related services. The Company’s principal business activity is the production and sale of cannabis. The Company operates approximately 126 facilities including 94 dispensaries and 32 cultivation and manufacturing facilities. The Company offers products, including spanning flowers, edibles, oils, and tablets. It manufactures brands, which include Seed & Strain, Triple Seven, gLeaf, Classix, Press and Amber. The Company, through its subsidiaries, owns or manages interests in state-licensed medical and/or adult-use marijuana businesses in Arizona, California, Colorado, Delaware, Florida, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Utah, Virginia, Washington, D.C. and West Virginia. The Company’s subsidiaries include 203 Organix, L.L.C., Columbia Care - Arizona, Tempe, L.L.C., Columbia Care-Arizona, Prescott, L.L.C., Access Bryant SPC and Salubrious Wellness Clinic, Inc.

Closing Price
$0.4797
Day's Change
0.0403 (9.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.4926
Day's Low
0.4484
Volume
(Light)
Volume:
426,590

10-day average volume:
561,644
426,590

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Today's News, May 30, 2023
NY clears legal hurdle to issue cannabis licenses in the Finger Lakes region, as pot stocks rise

The New York State Cannabis Control Board on Tuesday approved a settlement to a lawsuit that prevented it from issuing licenses in the Finger Lakes region. The state approved the settlement with Variscite NY One Inc., which won an an...(MarketWatch)

May 15, 2023
Cannabis company Columbia Care stock rises on stronger-than-expected revenue

Columbia Care Inc.'s stock is up nearly 10% after the cannabis company's first-quarter revenue beat analyst forecasts on Monday. Columbia Care said its first-quarter loss widened to $37.34 million, or 9 cents a share, from a loss of $26.64...(MarketWatch)

Columbia Care Reports First Quarter 2023 Results

--Quarterly Gross Profit of Over $47 Million, an Increase of 13% QoQ --Quarterly Adjusted EBITDA(1) of Over $16 Million and Adjusted EBITDA Margin(1) of Over 13% Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) ("Columbia Care...(BusinessWire)

May 02, 2023
Columbia Care to Report First Quarter 2023 Results on May 15, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) ("Columbia Care" or the "Company") today announced that it will report its financial results for the first quarter ended March 31, 2023 before U.S. financial markets open on...(BusinessWire)

April 24, 2023
Delaware now the 22nd state to allow cannabis use for adults 21 and over

Delaware is set to become the 22nd U.S. state to allow adults over age 21 to buy cannabis after Gov. Governor John Carney on Friday said he would not veto cannabis measures OK'd by the state's legislature. Alliance Global Partners analyst...(MarketWatch)

April 20, 2023
Columbia Care Launches New Collaboration with Minority-Owned Edibles Company, ButACake

Columbia Care Inc. (NEO: CCHW) (CSE: 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., today announced its...(BusinessWire)

April 19, 2023
Columbia Care Continues Momentum in Virginia with Opening of Ninth Dispensary ahead of 4/20 Holiday

Columbia Care Inc. (NEO: CCHW) (CSE: 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., today announced it has opened...(BusinessWire)

March 31, 2023
Columbia Care Opens Fifth Cannabist Dispensary in West Virginia

Columbia Care Inc. (NEO: CCHW) (CSE: 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., today announced it has opened...(BusinessWire)

March 29, 2023
Columbia Care Reports Fourth Quarter and Full Year 2022 Results

--Record Annual Gross Profit of $201.2 Million, an increase of 4% YoY --Record Annual Adjusted EBITDA(1) of $67.4 Million, an Increase of 17% YoY --and Annual Adjusted EBITDA Margin(1) of 13%, an Increase of 60bps YoY (BusinessWire)

March 28, 2023
Columbia Care Extends Maturity of 13% Senior Secured Notes to May 2024

Columbia Care Inc. (NEO: CCHW) (CSE: 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., today announced that it has...(BusinessWire)

March 16, 2023
Columbia Care Announces Co-Founder Michael Abbott's Transition to Chairman

Columbia Care Inc. (NEO: CCHW) (CSE: 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 the...(BusinessWire)

March 01, 2023
Cowen drops coverage of U.S. pot stocks on pending acquisition by Toronto-Dominion Bank

By Steve Gelsi TD takes cautious approach after failure of SAFE Banking measure in Congress last year Cowen analyst Vivien Azur is dropping coverage of seven cannabis stocks as part of the $1.3 billion acquisition of the investment...(MarketWatch)

February 07, 2023
Will $2 billion merger of Cresco and Columbia Care reach the finish line? Analysts see 'market doubt' for cannabis deal.

By Steve Gelsi Investors are wondering whether Cresco will pull off deal announced last March, Viridian Capital says Cresco Labs Inc. and Columbia Care Inc. investors have signaled that a major merger in the cannabis space may be...(MarketWatch)

December 20, 2022
Cowen cuts Columbia Care to market perform from outperform; price target trimmed to $1.15 from $2.10

(END) Dow Jones Newswires December 20, 2022 07:27 ET (12:27 GMT) (MarketWatch)

December 03, 2022
Cannabis is eating into alcohol sales, analyst study shows

By Steve Gelsi Crunching data from multiple sources, Cowen analysts chart the impact of legal cannabis on sales of beer, wine and other alcoholic beverages The increase in cannabis sales in the U.S. will outpace growth of...(MarketWatch)

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