Cannabist Company Holdings Appoints New Board Directors

Cannabist Company Holdings ( (TSE:CBST) ) has provided an update.

On June 4, 2025, The Cannabist Company Holdings Inc. appointed Tom Lynch and Peter Lee to its board of directors as part of a plan of arrangement under the Canada Business Corporations Act. This strategic move, involving the appointment of director nominees by Supporting Senior Noteholders, aims to enhance the company’s leadership with Lynch’s expertise in restructuring and Lee’s experience in financial performance and investment environments.

The most recent analyst rating on (TSE:CBST) stock is a Buy with a C$0.70 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 currently struggling with severe financial instability, highlighted by negative equity, high debt, and declining revenues, making financial performance a critical concern. Although there are efforts to restructure and optimize operations, these are overshadowed by ongoing liquidity and cash flow challenges. Technical analysis shows an overbought condition, adding further risk. The company’s poor valuation metrics reflect its ongoing challenges.

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’ Stock Analysis page.