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Cannabist Company Holdings ( (TSE:CBST) ) just unveiled an announcement.
The Cannabist Company Holdings Inc. announced the resignation of co-founder Michael Abbott from its Board of Directors, effective October 3, 2025. Abbott, who co-founded the company in 2012 and played a pivotal role in its growth, is stepping down to pursue other personal and professional commitments. His departure marks a significant transition for the company, which continues to expand its presence in the cannabis industry.
The most recent analyst rating on (TSE:CBST) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Cannabist Company Holdings stock, see the TSE:CBST Stock Forecast page.
Spark’s Take on TSE:CBST Stock
According to Spark, TipRanks’ AI Analyst, TSE:CBST is a Neutral.
The overall stock score of 44 reflects significant financial challenges, including declining revenues, high debt, and negative cash flows. While there are some operational improvements noted in the earnings call, the technical analysis indicates a lack of momentum and potential overbought conditions. The negative P/E ratio and lack of dividend yield further weigh down the valuation.
To see Spark’s full report on TSE:CBST stock, click here.
More about Cannabist Company Holdings
The Cannabist Company, formerly known as Columbia Care, is a leading cultivator, manufacturer, and retailer of cannabis products in the U.S. With licenses in 12 jurisdictions, the company operates 77 facilities, including dispensaries and cultivation sites. It serves both medical and adult-use markets, offering a wide range of products such as flower, edibles, oils, and tablets under various popular brands.
Technical Sentiment Signal: Sell
Current Market Cap: C$227.8M
See more data about CBST stock on TipRanks’ Stock Analysis page.