Cannabist Company Holdings Receives Buy Rating Amid Strategic Asset Divestitures

Cannabist Company Holdings (CBSTF) has received a Buy rating from Canaccord Genuity with a target price of C$1.00. This bullish outlook is fueled by the company’s recent strategic divestitures, which are designed to streamline operations and focus on high-growth markets. These moves, including the sale of Florida assets and the acquisition of subsidiaries by Verano Holdings, demonstrate a commitment to efficiency and profitability, positioning Cannabist for future growth.

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