Cannabist Company Enters Grace Period, Explores Strategic Options

Cannabist Company Holdings ( (TSE:CBST) ) just unveiled an update.

On December 31, 2025, The Cannabist Company Holdings Inc. chose not to make the scheduled interest payments on its 9.25% Senior Secured Notes due 2028 and 9.0% Senior Secured Convertible Notes due 2028, instead using the 30-day grace period allowed under the indenture to conserve cash. The move follows the recently announced sale of its Virginia assets and is part of a broader strategic review being led by a special committee of independent directors, which is exploring options such as additional asset sales, mergers, or other financial or restructuring transactions as the company grapples with ongoing operational and industry-wide financial challenges.

The most recent analyst rating on (TSE:CBST) stock is a Sell with a C$0.52 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

The Cannabist Company Holdings Inc. operates in the cannabis industry, where it faces significant leverage and capital structure pressures and has historically relied on external financing sources to meet its financial obligations amid broader operational and financial challenges in the sector.

Technical Sentiment Signal: Sell

Current Market Cap: C$227.8M

See more data about CBST stock on TipRanks’ Stock Analysis page.