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Cannabist CFO Derek Watson Transitions to Consultant Role

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Cannabist CFO Derek Watson Transitions to Consultant Role

TipRanks Black Friday Sale

An announcement from Cannabist Company Holdings ( (TSE:CBST) ) is now available.

On November 15, 2025, Derek Watson, the CFO of The Cannabist Company Holdings Inc., resigned from his employment position but will continue to serve as CFO in a non-employee consultant capacity. This transition is not due to any disagreements with the company, and Watson will work part-time, receiving $15,000 per month under a consulting agreement that includes eligibility for the company’s executive bonus plan. The agreement, effective from November 16, 2025, to May 15, 2026, includes provisions for termination, confidentiality, and indemnification.

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

Technical Sentiment Signal: Sell

Current Market Cap: C$227.8M

For an in-depth examination of CBST stock, go to TipRanks’ Overview page.

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