Cannabist Holdings Completes Financial Restructuring Plan

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

On May 29, 2025, Cannabist Company Holdings Inc. completed a court-approved plan of arrangement under the Canada Business Corporations Act, which involved the exchange of existing senior secured notes for new senior and convertible notes due December 31, 2028, and the issuance of common shares and warrants. This transaction aims to restructure the company’s financial obligations, potentially improving its liquidity and market positioning. The arrangement includes provisions for liquidity requirements, leverage ratios, and asset sales, which could impact the company’s financial stability and strategic flexibility.

The most recent analyst rating on (TSE:CBST) stock is a Buy with a C$1.00 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

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