An unknown buyer completed the acquisition of Utah operations from The Cannabist Company Holdings Inc. (OTCPK:CBST.F) for $6.5 million.
An unknown buyer completed the acquisition of Utah operations from The Cannabist Company Holdings Inc. (OTCPK:CBST.F) for $6.5 million on March 7, 2024. The Utah Business was divested for gross proceeds of $6.5 million, with approximately $3.9 million due on closing of the transaction, and a $2.6 million Seller note payable to the Company not later than July 2025.