---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-020027"
form_type: "8-K"
ticker: null
cik: "0001776738"
company_name: "Cannabist Co Holdings Inc."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:09:05.616974+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Cannabist completes $16.5M Delaware asset sale; enters CCAA, halts SEC reporting

## Summary
- Sold substantially all Delaware assets for $16.5M ($14.025M closing cash plus $2.475M escrow).
- Company and subsidiary commenced CCAA proceedings in Ontario on March 24, 2026; provisional Chapter 15 relief in US.
- Canadian Court authorized ceasing securities filings effective April 2, 2026.
- Audit committee determined company cannot continue periodic reports; will not file FY2025 10-K or future 10-Qs.
- Final recognition hearing in US Bankruptcy Court scheduled for May 12, 2026.

## SEC filing metadata
- accession: 0001140361-26-020027
- form_type: 8-K
- cik: 0001776738
- company_name: Cannabist Co Holdings Inc.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/ef20072660_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-020027
- JSON: https://secwatch.observer/filing/0001140361-26-020027.json
- Plain text: https://secwatch.observer/filing/0001140361-26-020027.txt

## Source-grounded claims
- claim_id: 91dd749be9b3dd5d2eb4a2856f2b6657ba9497a5
  claim: Cannabist Co Holdings Inc. completed a disposition involving Arboretum DE PermitCo LLC for $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Of (closed 2026-05-07).
  evidence_excerpt: On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm

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