Columbia Care Reports First Quarter 2019, Fourth Quarter and Full Year 2018 Financial Results
- First quarter 2019 revenue increase of 45% over prior year
- Completion of go-public transaction provides capital to fund long-term growth prospects
- Expansion of US footprint with 13 lease signings in Florida, dispensary openings in Brooklyn, NY and San Diego, CA, reinforcing organic growth strategy in key markets
NEW YORK, May 14, 2019 –(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (“Columbia Care”, or the “Company”), one of the largest multi-state operators in the medical cannabis industry, with licenses in 15 jurisdictions in the US and the EU, today reported financial results for its first quarter ended March 31, 2019 and fourth quarter and full year ended December 31, 2018. All financial information is provided in US dollars unless otherwise indicated.