{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-204898","form_type":"8-K","ticker":null,"cik":"0001776738","company_name":"Cannabist Co Holdings Inc.","filed_at":"2024-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.489135+00:00","generated_at":"2026-05-31T08:06:23.319508+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cannabist completes sale of Virginia ops to Verano for $90M, sells Arizona assets for $15M cash","bullets":["Virginia consideration: $20M cash, $40M Verano shares, and a $26.7M promissory note (7% interest, 2-year term).","Note requires monthly payments of $1.75M for first 12 months, then $750k, adjusted from originally $30M.","Arizona deals: $9.9M cash for Organix and $5.1M cash for Salubrious Wellness Clinic, both closed August 16.","Virginia closing on August 21; total cash and stock consideration approximates $102M across all three subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-204898","json":"https://secwatch.observer/filing/0001193125-24-204898.json","markdown":"https://secwatch.observer/filing/0001193125-24-204898.md","text":"https://secwatch.observer/filing/0001193125-24-204898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776738/000119312524204898/0001193125-24-204898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776738/000119312524204898/d877670d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:06:23.319508+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a25d7821f38db7355be68c52069e83cd855f08b","claim":"Cannabist Co Holdings Inc. completed a disposition involving Verano Arizona, LLC for $9.9 million (closed 2024-08-16).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000119312524204898/0001193125-24-204898-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Verano Arizona, LLC"},{"label":"Consideration","value":"$9.9 million"},{"label":"Closing","value":"2024-08-16"}],"fact_type":"ma_transaction"},{"claim_id":"4e54fb3ac054156a9ca796da069ff79355f3932d","claim":"Cannabist Co Holdings Inc. completed a disposition involving Verano Arizona, LLC for $5.1 million (closed 2024-08-16).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000119312524204898/0001193125-24-204898-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Verano Arizona, LLC"},{"label":"Consideration","value":"$5.1 million"},{"label":"Closing","value":"2024-08-16"}],"fact_type":"ma_transaction"},{"claim_id":"8e614fdc267648be634b8f05ca6654f5524dcaf2","claim":"Cannabist Co Holdings Inc. completed a disposition involving Verano Holdings Corp. for $90 million (closed 2024-08-21).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000119312524204898/0001193125-24-204898-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Verano Holdings Corp."},{"label":"Consideration","value":"$90 million"},{"label":"Closing","value":"2024-08-21"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}