Research Feed
Distressed Cannabis Company Faces Binary Restructuring Catalyst in 14-44 Days
The Cannabist Company (CBSTF) trades at $0.04—a 15.75× discount to the $0.63 analyst target—while executing a conditional $91M debt redemption that creates a near-term binary catalyst. The company must close an equity financing deal by Feb 13, 2026 (14 days) or March 30 at the latest. Success trigge
Cannabist executes $91M conditional debt redemption, equity financing deadline Feb 13
The Cannabist Company Holdings Inc. filed an 8-K on January 30 disclosing a conditional debt redemption of $91 million in principal, contingent on closing an equity financing agreement announced December 18, 2025. The redemption includes senior secured notes with 9.25% and 9.00% coupons due 2028, re