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CCHWF News and Press, Columbia Care Inc From 03/24/22

Stock Information

Company Name: Columbia Care Inc
Stock Symbol: CCHWF
Market: OTC

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CCHWF - Columbia Care Delivers Rising Revenue, Solid Outlook

Columbia Care Inc. (CSE: CCHW) (OTCQX: CCHWF) reported revenue in the fourth quarter of 2021 rose 70% over last year to $139 million and increased 5% sequentially from the third quarter’s revenue of $132 million. Columbia Care said that whole revenue accounted for 1...

CCHWF - Columbia Care GAAP EPS of -$0.14 misses by $0.10, revenue of $139.28M misses by $2.47M

Columbia Care press release (OTCQX:CCHWF): Q4 GAAP EPS of -$0.14 misses by $0.10. Revenue of $139.28M (+70.5% Y/Y) misses by $2.47M. 2022 Guidance: Revenue of $625M - $675M vs consensus of $696.76M, Adjusted EBITDA of  $120M - $135M For further details see: Columbia Care ...

CCHWF - Columbia Care Reports Record Fourth Quarter and Full Year 2021 Results; Issues 2022 Guidance Under U.S. GAAP

Company Now Reporting in U.S. GAAP; Also Presenting Results This Quarter with Reference to 2021 IFRS Guidance Full Year 2021 U.S. GAAP Results Include Record Revenue of $460 Million and Record Adjusted EBITDA of $58 Million (Non-GAAP Measure) Record Quarterly Revenue o...

CCHWF - Columbia Care: Disappointing Deal, But Hang On!

Columbia Care agreed to a merger with Cresco Labs with a minimal 16% premium. The new MSO provides market leadership with 2022 cannabis sales set to top $1.7 billion while providing access to the Top 10 state market. The stock is exceptionally cheap at 2x '23 sales targets, but Co...

CCHWF - Cresco CEO Bachtell says marketing own cannabis products leads to better margins

Cresco Labs (OTCQX:CRLBF) CEO Charlie Bachtell said that the fact his company sells its own cannabis and has tiered products for consumers will help to achieve better margins. Bachtell was appearing on the CNBC program "Fast Money" late Wednesday afternoon to discuss the multi-state operator'...

CCHWF - Marijuana Stocks: The M&A News Lighting Up TLRY, CGC, ACB and SNDL Today

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Marijuana stocks are making major moves on Wednesday alongside news of a couple of mergers in the sector. Source: Shutterstock Aurora Cannabis  (NASDAQ: ACB ) is behind part of today’s rise in marijua...

CCHWF - Why Is Cresco Labs (CRLBF) Stock in the Spotlight Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cannabis wholesaler  Cresco Labs (OTCMKTS: CRLBF ) agreed to acquire its peer, Columbia Care (OTCMKTS: CCHWF ), for about $2 billion. In early trading, CRLBF stock fell 5%, while CCHWF stock was flat. Sou...

CCHWF - Notable earnings before Thursday's open

OTCQX:CCHWF, CIH, OTCQX:CWBHF, DRI, FDS, HOOK, OTCQX:JUSHF, KC, MOMO, NEOG, SNX, TFFP, TITN, TMDI For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Thursday's open

CCHWF - U.S. and Canadian cannabis stocks jump as deal making picks up

U.S. Multi-State Operators and Canadian Licensed Producers are outperforming in the morning hours Wednesday as the industry shows signs of consolidation with two newly announced deals.    On Tuesday after the close, Edmonton, Canada-based Aurora Cannabis (NASDAQ:ACB) announced an ag...

CCHWF - Searching For Cannabis Catalysts

Nick Gastevich, one of our favorite commenters on Seeking Alpha, returns to the show to catch us up on the state of cannabis investing. Illinois' social equity program had the right idea but large MSOs have had too much of a head start. Wave of new states legalizing cannabis now e...

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