secwatch.observer — SEC 8-K summary
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Issuer:     Cannabist Co Holdings Inc. (—)
CIK:        0001776738
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001140361-26-010926
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.01, 1.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cannabist files for CCAA bankruptcy, sells OH & DE assets for $63.5M, MOU to sell most remaining ops
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- Ohio assets sold to Holistic for $47M ($34.5M cash + $12.5M note); close expected Q3 2026.
- Delaware assets sold to Parma for $16.5M ($14.025M cash + $2.475M escrow).
- Supporting Noteholders (~60% of Notes) back restructuring; CRO appointed (SierraConstellation).
- Non-binding MOU to sell operations in IL, NJ, CO, MA, MD, WV; NY and PA ops to wind down.
- Trading on Cboe Canada to halt; delisting review initiated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776738/000114036126010926/0001140361-26-010926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776738/000114036126010926/ef20068552_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-010926

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer