Wednesday, October 8, 2025

Latest

Columbia Care Completes $240 Million Acquisition Of Green Leaf Medical

Columbia Care Inc. (CSE: CCHW) announced today that it has completed the acquisition of cannabis multi-state operator Green Leaf Medical. The upfront consideration for the transaction is approximately US$240 million.

The acquisition price is composed of US$45 million in cash and US$195 million in Columbia Care shares, with additional potential performance-based milestones in the next two years.

Green Leaf’s financials will be immediately accretive to Columbia Care’s gross margin, adjusted EBITDA, and cash flow from operations. For Q1 2021, Green Leaf recorded approximately US$29 million in revenue, 50% gross margins, and a 30% adjusted EBITDA margin.

The acquisition also adds Green Leaf’s approximately 400,000 square feet of cultivation space across Pennsylvania, Maryland, Virginia, and Ohio to Columbia Care’s capacity, as well as four operational dispensaries and six dispensaries currently in development.

Last month, Columbia Care reported proforma Q1 2021 revenue of $92.5 million as Canaccord maintained the firm as one of its top cannabis firms picks.

Columbia Care Inc. last traded at $6.77 on the CSE.


Information for this briefing was found via Sedar and Columbia Care Inc. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

PI Financial Names Columbia Care, Red White & Bloom As Top Picks For 2021

PI Financial released their top picks for 2021 today. Within, they named Columbia Care (CSE:...

Tuesday, January 19, 2021, 05:05:00 PM

Canaccord Reiterates Columbia Care As A Cannabis Top Pick

Columbia Care (NEO: CCHW) reported its first quarter financial results on May 17th. The company...

Thursday, May 20, 2021, 04:41:00 PM

Columbia Care To Raise $25.2 Million In Bought Deal Financing

Columbia Care (CSE: CCHW) is the latest firm to announce a financing. The company this...

Thursday, February 11, 2021, 07:24:46 AM

Cresco Labs: Stifel Slashes Price Target From $30 To $8 Following Poor Q4 Results

On March 23rd, Cresco Labs (CSE: CL) announced its fourth-quarter financial results, which disappointed many...

Friday, March 25, 2022, 03:39:00 PM

Columbia Care Reports $132.3 Million In Q3 Revenues, Lowers 2021 Guidance

Columbia Care (NEO: CCHW) reported its third quarter financial results this morning, posting record quarterly...

Friday, November 12, 2021, 09:11:20 AM