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8-K filed August 22, 2024, 7:59 PM ET CIK 0001776738
M&A confidence high sentiment neutral materiality 0.70

Cannabist Co Holdings Inc.: M&A transaction — Cannabist completes sale of Virginia ops to Verano for $90M, sells Arizona assets for $15M cash

Cannabist Co Holdings Inc.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Cannabist Co Holdings Inc. completed a disposition involving Verano Arizona, LLC for $9.9 million (closed 2024-08-16).

Action
disposition
Counterparty
Verano Arizona, LLC
Consideration
$9.9 million
Closing
2024-08-16
Exact text from the filing
Pursuant to the Organix EPA, the Arizona Buyer purchased all of the issued and outstanding equity interests of Organix from the Arizona Member for total consideration of $9.9 million, payable in cash, subject to adjustment as described in the Organix EPA.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Cannabist Co Holdings Inc. completed a disposition involving Verano Arizona, LLC for $5.1 million (closed 2024-08-16).

Action
disposition
Counterparty
Verano Arizona, LLC
Consideration
$5.1 million
Closing
2024-08-16
Exact text from the filing
Pursuant to the SWC EPA, the Arizona Buyer purchased all of the issued and outstanding equity interests of SWC from the SWC Members for total consideration of $5.1 million, payable in cash, subject to adjustment as described in the SWC EPA.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Cannabist Co Holdings Inc. completed a disposition involving Verano Holdings Corp. for $90 million (closed 2024-08-21).

Action
disposition
Counterparty
Verano Holdings Corp.
Consideration
$90 million
Closing
2024-08-21
Exact text from the filing
to the Virginia EPA, the Virginia Buyer purchased all of the issued and outstanding equity interests of CC East Virginia from the Virginia Members for total consideration of $90 million, subject to adjustments as set forth in the Virginia EPA (the “Virginia Closing Consideration”). On the VA Closing Date, the Virginia Members received their pro rata portion of
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-24-204898
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