Cannabist Co Holdings Inc. 8-K

What Happened
Cannabist Co Holdings Inc. (filed under Item 1.01) announced that an ad hoc group of holders of its 9.25% Senior Secured Notes due December 31, 2028 and its 9.00% Senior Secured Convertible Notes due December 31, 2028 agreed to extend a forbearance arrangement. The noteholders agreed to forbear from exercising rights and remedies under the amended and restated indenture and applicable law through February 20, 2026. The extension was reported in the company’s Current Report on Form 8-K filed February 18, 2026.

Key Details

• Notes involved: 9.25% Senior Secured Notes (due Dec 31, 2028) and 9.00% Senior Secured Convertible Notes (due Dec 31, 2028).
• Parties: an ad hoc group of the Company’s noteholders who were already party to a previously announced forbearance agreement.
• Extension date: forbearance extended through February 20, 2026 (agreement announced Feb 17, 2026; 8-K filed Feb 18, 2026).
• Filing includes standard forward-looking statements disclosure; 8-K signed by Chief Legal Officer David Sirolly.

Why It Matters
This forbearance extension temporarily prevents noteholders from accelerating debt or taking other enforcement actions under the indenture, giving the company short-term relief and time to pursue negotiations, restructuring or other financing options. For investors, this affects credit risk and near-term liquidity dynamics: it reduces immediate default pressure but does not change the underlying debt terms or long-term obligations disclosed in the filing.