Nicholas Vita

'New York is going to rapidly become the largest cannabis market in the country,' say cannabis companies getting ready to jump in. The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP), formerly Columbia Care, was approved Friday by the New York Office of Cannabis Management (...

Publicly-traded cannabis company Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) confirmed Monday its change in legal name to The Cannabist Company Holdings Inc. and will rebrand to The Cannabist Company. In addition to the rebrand, the company's common shares...

Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) released its second quarter financial results for the three months ended June 30, 2023, revealing $129.2 million in revenue. That's a sequential increase of 3.8% and a 0.3% decrease from the same period last year. Q2 2023 Financial...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE:3LP) released its financial and operating results for the first quarter ended March 31, 2023, revealing revenue of $124.5 million, an increase of 1.2% compared to $123 million in Q1 2022. Q1 2023 Financial Highlights Gross profit was $...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE:3LP) FY 2022 revenue was $511.6 million, an increase of 11% compared to $460.1 million in FY 2021. Q4 Financial Highlights Revenue was $126.2 million compared to $139.3 million in Q4 2021. Gross profit was $41.6 million compared to $...

As the Benzinga Cannabis Capital Conference returns to Miami (April 11-12), gathering top CEOs, investors and leaders in the marijuana industry, let's scroll through the latest leadership changes in the space. Acting Director of the NM Cannabis Control Division Resigns Andrew Vallejos, an...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE:3LP) has undertaken a number of initiatives to increase efficiency, decrease expenses and transition to cash flow positive in order to further strengthen its operations and financial performance. The company closed four unprofitable...

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) reported its financial and operating results for the third quarter ended September 30, 2022. About Q3 2022: Quarterly Revenue of $133 Million, an Increase of 2.4% QoQ Gross Profit of $52 Million, an Increase of 2.5% QoQ Adjusted...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE: 3LP) released financial results for the second quarter ended June 30, 2022, revealing revenue of $129.6 million, an 18.1% increase compared to $109.7 million in Q2 2021. Q2 2022 Financial Highlights Gross profit was $50.8 million, a 17...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE: 3LP) has obtained the final order from the Supreme Court of British Columbia approving the plan of arrangement, whereby, among other things, Cresco Labs Inc. (OTCQX: CRLBF) (CSE:CL) will acquire all of the issued and outstanding shares...

On Friday, Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE:3LP) announced the approval of the previously announced plan of arrangement under which Chicago-based Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) will acquire all of the issued and outstanding shares of Columbia...

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) announced that the proposed business combination with Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) was approved at its special shareholders' meeting. Columbia Care Inc. shareholders voted in favor of a special...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW)(FSE: 3LP) has started operations in its new, approximately 270,000-square-foot cultivation and production facility in New Jersey, begun using post-harvest automation equipment, and expanded its adult use shopping hours at both of its Cannabist...

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE:3LP) reported unaudited financial and operating results for the first quarter ended March 31, 2022. Financial Highlights for Q1 2022 Revenue of $123 million, an increase of 43% YoY Gross profit of $57 million, an increase of 68% YoY...

New Jersey legal recreational cannabis sales finally started.  Now, the question is: Who will celebrate more? Consumers or marijuana operators?  It looks like it’s a tie, considering that it has been some 17 months and multiple setbacks since New Jerseyans decided to...