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  5. Columbia Care Inc.
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    CCHW   CA1973091079

COLUMBIA CARE INC.

(CCHW)
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Columbia Care Inc. Receives Approval from the Cannabis Control Commission and the Boston Cannabis Board to Commence Operations as Cannabist at 21 Milk Street in Downtown Boston

09/30/2021 | 07:00am EST

Columbia Care Inc. announced it has received approval from the Cannabis Control Commission (CCC) and the Boston Cannabis Board (BCB) to commence operations as Cannabist at 21 Milk Street in downtown Boston, its co-located adult-use and medical dispensary previously known as Patriot Care. Cannabist Boston is one of three dispensaries operated by Columbia Care in Massachusetts and is the eighth Cannabist dispensary to open nationwide, as the Company continues the transformation of its retail storefront to the Cannabist brand in all markets. To celebrate the transformation, a ribbon cutting ceremony will be held on Thursday, October 7at 9:45 a.m. Patients and customers can expect festivities including music by Red Sox DJ MoneyMav and specials that will run throughout the weekend. Since the start of adult-use sales in the Company’s Boston location on August 10, the revenue mix has quickly evolved to roughly half medical and half adult-use. In addition to its downtown Boston location, patients and customers can also access co-located dispensaries in Lowell and Greenfield. The three dispensaries feature several of the Company's signature brands, including Seed & Strain, Triple Seven, Amber and PRESS. Also available in Lowell and Boston is Forage, Columbia Care’s proprietary online cannabis discovery tool that suggests curated products depending on the customer’s or patient’s desired mood and experience. As part of the Company’s commitment to supporting BIPOC communities who have been disproportionately impacted by cannabis prohibition, its three locations in Massachusetts have been actively partnering with local organizations to support civic engagement efforts, legal services and educational access programs.


ę S&P Capital IQ 2021
All news about COLUMBIA CARE INC.
11/30Columbia Care Celebrates Inclusion in MSCI Canada Small Cap Index
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11/18Columbia Care Inc. to Launch Tyson 2.0 Cannabis Brand to Colorado
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11/12Columbia Care Inc. Revises Earnings Guidance for the Year of 2021
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11/12Columbia Care Reports Record Third Quarter 2021 Results
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11/12Columbia Care Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended..
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11/08Columbia Care Inc. Opens Third Dispensary At 11190 West Broad Street in Glen Allen, Vir..
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11/01Columbia Care Completes Acquisition of Colorado-Based Medicine Man; Strengthens Leaders..
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11/01Columbia Care Inc. completed the acquisition of Medicine Man of Denver, Inc.
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More news
Financials (USD)
Sales 2021 474 M - -
Net income 2021 -66,2 M - -
Net Debt 2021 387 M - -
P/E ratio 2021 -17,0x
Yield 2021 -
Capitalization 1 201 M 1 200 M -
EV / Sales 2021 3,35x
EV / Sales 2022 2,11x
Nbr of Employees -
Free-Float 58,6%
Chart COLUMBIA CARE INC.
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Columbia Care Inc. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 3,24 $
Average target price 10,34 $
Spread / Average Target 219%
EPS Revisions
Managers and Directors
Nicholas Keane Vita Vice Chairman & Chief Executive Officer
Michael Livingstone Chief Financial Officer, VP & Controller
Michael Abbott Executive Chairman
Rosemary Mazanet Chief Scientific Officer
David James Hart Chief Operating Officer
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