Cannabist Company Holdings (TSE:CBST) has released an update.
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The Cannabist Company reported a significant capital infusion of $105 million in Q3 2024, thanks to strategic asset sales, which strengthened its balance sheet. Despite a revenue dip, the company is focusing on exiting unprofitable locations and optimizing operations for future growth, with plans to expand adult-use markets in Ohio and other states.
For further insights into TSE:CBST stock, check out TipRanks’ Stock Analysis page.
