Cannabist Company Holdings Inc (CBSTF) has disclosed a new risk, in the Natural and Human Disruptions category.
Cannabist Company Holdings Inc. is facing significant business risks due to identified conditions and events that cast doubt on its ability to continue as a going concern. As of December 31, 2024, the company struggled with generating sufficient cash flow to meet its $59.5 million Senior Debt obligations due in June 2025. Although a Support Agreement with Noteholders was reached in February 2025 to exchange existing notes for new ones with extended maturity dates, the company’s future financial stability remains uncertain, hinging on assumptions that may not hold and the potential challenge of securing additional funding on favorable terms.
The average CBSTF stock price target is $0.07, implying 49.00% upside potential.
To learn more about Cannabist Company Holdings Inc’s risk factors, click here.