Thursday, October 30, 2025

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

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

Columbia Care: Canaccord Reiterates Top Pick Following Green Leaf Medical Acquisition

Last Friday, Columbia Care Inc. (CSE: CCHW) closed their acquisition of Green Leaf Medical which...

Friday, June 18, 2021, 01:30:00 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

P Diddy To Spend $185 Million Acquiring Cannabis Assets From Cresco Labs, Columbia Care

Cresco Labs (CSE: CL) appears to be monetizing the appointment of director Tarik Brooks, which...

Friday, November 4, 2022, 08:44:11 AM

Columbia Care Acquires Colorado Cannabis Firm For US$42 Million

Columbia Care Inc. (CSE: CCHW) announced last night that it has completed the acquisition of...

Tuesday, November 2, 2021, 10:19:00 AM

Columbia Care Reports Preliminary Q4 Revenues Of $76.1 Million, Provides 2021 Guidance

Columbia Care (CSE: CCHW) this morning reported preliminary fourth quarter and full year 2020 financial...

Wednesday, March 3, 2021, 09:38:22 AM