|8-KFeb 5, 6:47 PM ET

Cannabist Co Holdings Inc. 8-K

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Cannabist Co Holdings Inc. Announces Amendment and Closing of Asset Sale

What Happened
Cannabist Co Holdings Inc. (CBSTF) filed an 8-K on Feb. 6, 2026 reporting that on Feb. 5, 2026 it entered into an Amendment to the Equity Purchase Agreement (originally dated Dec. 18, 2025) with Parma Holdco LLC (and, limitedly, Millstreet Credit Fund LP) and that the related transaction closed. The Amendment governs how certain Green Leaf Medical of Virginia, LLC employees (“Leased Employees”) will be employed during the transition and provides that the Buyer will make employment offers to those employees prior to the end of the transition period.

Key Details

  • Amendment date and closing: Amendment executed and transaction closed on Feb. 5, 2026.
  • Transition employment period: The Company (or an affiliate) will continue to employ specified Green Leaf Virginia employees through the earlier of (x) April 30, 2026 or (y) a Transition End Date selected by the Buyer in writing.
  • Post-transition offers: Before the Transition End Date, Buyer (or an affiliate) will make employment offers effective the day after the Transition End Date to each Leased Employee who remains employed through that date.
  • Disclosure: A Regulation FD press release announcing the Amendment and the Closing was attached as Exhibit 99.1 to the filing.

Why It Matters
This filing documents the finalization of the asset sale transaction and the agreed process for transitioning certain employees to the Buyer. For investors, the amendment clarifies the timeline for workforce transition (through up to April 30, 2026 unless the Buyer selects an earlier date) and confirms the Buyer’s commitment to extend employment offers to employees who remain through the transition end. The amendment and closing are material legal steps in completing the divestiture and transferring operations associated with Green Leaf Medical of Virginia.