$16.4M Asset Sale Marks The Cannabist Company's Florida Exit In Streamlining Effort
$16.4M Asset Sale Marks The Cannabist Company's Florida Exit In Streamlining Effort
"We are pleased to announce our definitive agreements to transition our Florida operations over to a leading multistate operator and the MINT Shango JV," The Cannabist Company Holdings Inc. (OTCQX:CBSTF) (FSE: 3LP) announced on Friday that it has entered into a definitive agreement to sell its 40,000-square-foot cultivation facility in Lakeland, Florida, for $11.4 million, payable in cash. The company said $2 million of this consideration is already held in escrow.
Cannabist公司控股有限公司（OTCQX:CBSTF）（FSE: 3LP）週五宣佈，已與採用現金方式以1140萬美元出售其位於佛羅里達州拉克蘭（Lakeland）的面積爲40,000平方英尺的種植設施簽訂最終協議。該公司表示，這一金額中的200萬美元已經被進行了存款保留。
Additionally, the New York-based cannabis giant has reached a definitive agreement with MINT Cannabis and Shango, as joint venture partners, to sell all 14 of its Cannabist dispensaries in Florida, along with its cultivation and manufacturing facilities in Alachua and Arcadia. The Cannabist Company will retain one MMTC license, which it plans to divest to a third party at a later time.
此外，總部位於紐約的大麻巨頭已經與MINt Cannabis和Shango達成了最終協議，作爲合資夥伴，出售其在佛羅里達州的14家Cannabist零售店以及其在阿拉丘亞（Alachua）和阿卡迪亞（Arcadia）的種植和製造設施。Cannabist公司將保留一張MMTC許可證，計劃在稍後將其出售給第三方。
Consideration for the MINT/Shango deal, subject to adjustment, is $5 million. Upon closing, the MINT Shango JV will pay a closing consideration of $3 million in cash and issue a $2 million promissory note. $750k of this consideration is already held in escrow.
MINT/Shango交易的對價將根據調整進行，金額爲500萬美元。交易達成後，MINt Shango JV將支付300萬美元的交割對價，併發行一張200萬美元的本票。其中750,000美元的交割對價已經進行了存款保留。
Why It Matters
這爲以下原因非常重要
"We are pleased to announce our definitive agreements to transition our Florida operations over to a leading multistate operator and the MINT Shango JV," David Hart, CEO of The Cannabist Company, said. "This strategic move aligns with our ongoing efforts to build a better business – rationalizing our footprint and focusing on our growth markets to enhance profitability."
「我們很高興宣佈與領先的多州運營商和MINt Shango JV達成有關將我們在佛羅里達州的業務轉移的最終協議，」 Cannabist公司首席執行官David Hart表示。「這一戰略舉措與我們持續努力構建更好的業務相一致——合理化我們的業務範圍並專注於我們增長的市場以提高盈利能力。」
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What's Next
接下來怎麼做
Both transactions under the definitive agreements are subject to closing conditions, including regulatory approvals. Post-closing, MINT Cannabis and Shango are expected to be rebranded to "MINT Cannabis."
根據最終協議，這兩項交易都需要滿足關閉條件，包括監管批准。在交易完成後，MINt Cannabis和Shango預計將更名爲"MINt Cannabis。"
After exiting the Florida market, The Cannabist Company's operational footprint will shrink to 13 markets, and further to 12 upon finalizing its exit from Washington, DC.
退出佛羅里達市場後，The Cannabist Company的運營範圍將縮減到13個市場，並在完成退出華盛頓特區後進一步減少到12個市場。
- Florida's Medical Cannabis Market Sees Explosive Growth Ahead Of November Legalization Ballot
- 在11月合法化公投前夕，佛羅里達醫用大麻市場迎來爆炸性增長
CBSTF Price Action
CBSTF 價格行爲
The Cannabist Company Holdings' shares traded 6.48% higher at $0.2776 per share at the time of writing on Friday afternoon.
在本週五下午撰寫時，The Cannabist Company Holdings的股價上漲了6.48%，達到每股0.2776美元。
譯文內容由第三人軟體翻譯。
