Cannabist Co Holdings Inc.
CBSTFMaterials · Agricultural Production-Crops · A1 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Revenue | $458.7M | $511.3M | $511.6M | $460.1M | $179.5M |
| Operating income | −$22.3M | −$105.2M | −$416.2M | −$110.4M | −$80.2M |
| Net income | −$105.9M | −$175.7M | −$416.0M | −$146.9M | −$119.6M |
| Total assets | $696.2M | $823.1M | $994.7M | $1.38B | — |
| Total liabilities | $726.2M | $757.8M | $787.8M | $825.7M | — |
| Equity | −$28.7M | $66.9M | $213.3M | $571.4M | $286.9M |
| EPS (diluted) | $-0.23 | $-0.44 | $-1.06 | $-0.42 | $-0.41 |
| Shares out. | 448.2M | 401.7M | 391.2M | 361.4M | 232.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −4.9%
- Net margin
- −23.1%
- Return on equity
- 369.0%
- Return on assets
- −15.2%
- Return on capital (ROCE)
- −4.8%
- Liabilities / assets
- 104.3%
- Debt / equity
- —
- Book value / share
- $-0.06
- Revenue growth (YoY)
- −10.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- −11.9%clean
- Beneish M-Score
- -2.71normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 5 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Bank Of Montreal /Can/Passive (13G)Jan 8, 2026
- Nomura Holdings IncPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Mar 13, 2026 | 49,793 | 1.0 | -53.3% |
| Feb 27, 2026 | 106,606 | 1.0 | +3.2% |
| Feb 13, 2026 | 103,314 | 1.0 | -1.4% |
| Jan 30, 2026 | 104,738 | 1.0 | +0.5% |
| Jan 15, 2026 | 104,250 | 1.0 | -41.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Other material eventMay 8, 2026
- Director / officer changeApr 7, 2026
- Entered a material agreement · Bankruptcy or receivership · Regulation FD disclosureMar 24, 2026
- Entered a material agreementMar 19, 2026
- Entered a material agreementMar 9, 2026
- Entered a material agreementMar 2, 2026
- Entered a material agreementFeb 23, 2026
- Entered a material agreementFeb 18, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.