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Cannabist Company Announces Conditional Partial Redemption of Notes

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Cannabist Company Announces Conditional Partial Redemption of Notes

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The latest update is out from Cannabist Company Holdings ( (TSE:CBST) ).

On January 29, 2026, The Cannabist Company Holdings Inc. announced it has issued a qualified partial redemption notice for its 9.25% Senior Secured Notes due 2028 and 9.00% Senior Secured Convertible Notes due 2028, targeting a reduction of its outstanding debt securities. The company plans to redeem a portion of these notes, up to a total payment cap of $97 million, contingent on the closing of a previously announced equity purchase agreement involving Green Leaf Medical entities and related parties; if that transaction is completed by February 13, 2026, specific principal amounts of each note series will be redeemed on that date, otherwise the trustee will determine fair allocations, and if the condition is not met within 60 days of January 29, 2026, the redemption notice will lapse, underscoring that the planned redemptions are part of a broader balance sheet and financing transaction rather than a finalized change to its capital structure.

The most recent analyst rating on (TSE:CBST) stock is a Hold with a C$0.54 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 Underperform.

Cannabist Company Holdings is facing severe financial difficulties, with declining revenues, high leverage, and negative equity. The technical analysis indicates an overbought condition without clear momentum, and the valuation reflects unprofitability. These factors contribute to a low overall stock score.

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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