Cannabist Company Holdings (TSE:CBST) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into TSE:CBST stock, check out TipRanks’ Stock Analysis page.
