---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-003520"
form_type: "8-K"
ticker: null
cik: "0001776738"
company_name: "Cannabist Co Holdings Inc."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:22:31.309362+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cannabist Company enters forbearance with noteholders after missing Dec 31 interest payment on senior notes

## Summary
- Missed interest payments due Dec 31, 2025 on 9.25% and 9.00% Senior Secured Notes due 2028; 30-day grace period expired.
- Forbearance agreement with noteholders holding >75% of outstanding notes prevents acceleration of debt until Feb 17, 2026.
- Company continues evaluating strategic alternatives, including additional asset sales or restructuring, after Virginia asset sale announcement.
- Under forbearance, company must pay noteholder legal/advisory fees by Feb 13 and provide financial schedules by Feb 6.
- Event of default could trigger acceleration if forbearance not extended or conditions breached; liquidity risks remain.

## SEC filing metadata
- accession: 0001140361-26-003520
- form_type: 8-K
- cik: 0001776738
- company_name: Cannabist Co Holdings Inc.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776738/000114036126003520/0001140361-26-003520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776738/000114036126003520/ef20064715_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-003520
- JSON: https://secwatch.observer/filing/0001140361-26-003520.json
- Plain text: https://secwatch.observer/filing/0001140361-26-003520.txt

## Key facts
- Material Agreements
  Cannabist Co Holdings Inc. entered into Forbearance Agreement with an ad hoc group of noteholders (effective 2026-01-30).
  - Action: entry
  - Agreement: settlement
  - Counterparty: an ad hoc group of noteholders
  - Effective: 2026-01-30
  source text: On January 30, 2026, The Cannabist Company Holdings Inc. (“The Cannabist Company” or “the Company”) announced that it has entered into a forbearance agreement (the “Forbearance Agreement”), with an ad hoc group of noteholders (the “Forbearing Noteholders”) of the Company’s 9.25% Senior Secured Notes due December 31, 2028 (the “9.25% Senior Secured Notes”) and the 9.00% Senior Secured Convertible Notes due December 31, 2028 (the “9.00% Senior Secured Convertible Notes” and together with the 9.25% Senior Secured Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776738/000114036126003520/0001140361-26-003520-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.