CCHWF - Columbia Care reiterates 2021 guidance

Announcing its financial results, Columbia Care ([[CCHWF]] +3.5%) missed the consensus revenue estimates for Q4 2020. But the company reaffirmed the previously-issued 2021 guidance of $500 – 530M for 2021 indicating ~186.9% YoY growth at the midpoint.Revenue for the quarter has reached ~$76.1M at a ~228.3% YoY growth bringing the full-year revenue to ~$179.5M which grew at ~131.7% YoY.Quarterly results include the impact of one full quarter of contribution from the September 2020 Green Solution acquisition and a partial contribution from Project Cannabis which was acquired by the company in December 2020.Net loss per basic and diluted share has approached $0.21 compared to $0.12 in the previous year's quarter while for the full year per share loss reached ~$0.48 compared to $0.49 in 2019.Cash has stood at $61.1M at the 2020 year-end compared to ~$47.5M in 2019, and notably, the company has recorded $8.3M of positive adjusted EBITDA for Q4 2020 compared to

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Columbia Care reiterates 2021 guidance