Cannabist Company Holdings (TSE:CBST) has released an update.
The Cannabist Company has announced the sale of its Florida assets, including one cultivation facility to a leading multistate operator, and all 14 of its dispensaries along with two cultivation and manufacturing facilities to MINT Cannabis and Shango joint venture for a total of $16.4 million. These strategic divestitures are part of the company’s efforts to rationalize its footprint and refocus on growth.
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