Cannabist Company Holdings Inc (TSE:CBST) has released an update.
The Cannabist Company Holdings Inc. maintains a steady revenue of $511 million in 2023, mirroring the previous year’s performance, and sees improvements in its adjusted EBITDA and net loss figures due to significant cost reduction strategies. In the fourth quarter, the company also bolstered its financial position by retiring $30.6 million in debt, demonstrating resilience and strategic growth despite unwinding a prior merger agreement.
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