Collaboration Now Reaches Four States includingDelawareandWest Virginia

NEW YORK--(BUSINESS WIRE)--Apr. 26, 2024-- (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in theU.S., announced today its latest expansion withAiro Brands, an industry-leading, multi-state cannabis company focused on proprietary, cutting-edge vapor delivery platforms and flavorful, high quality oils, intoVirginiaandPennsylvania.

Building on the success of this collaboration inDelawareandWest Virginia,The Cannabist Companylaunched Airo’s unparalleled vapor systems, including the AiroPro and AiroSport batteries, and AiroX All-In-One, as well as its unique AiroPod cartridge oil formulations at its Cannabist and gLeaf dispensaries inVirginiaas well as itsColumbia Carelocations inPennsylvania. Airo is also available through the Company’s wholesale channels in both markets. Since the collaboration began last year, Airo’s vapes and cartridges have quickly become top-selling products inDelawareandWest Virginia.

“Our ongoing partnership with Richard and the Airo team has been a tremendous success, allowing us to provide reliable and exceptional products to our patients and customers looking for a smooth and enjoyable vaping experience,” said Volley Hayhurst, VP of Operations,The Cannabist Company. “Expanding intoVirginiaandPennsylvaniaunderscores our commitment to providing the highest quality products and demonstrates the precision and expertise ofThe Cannabist Companyto create consistent experiences across multiple markets, which is critical for developing brand equity.”

“The Cannabist Company’s dedication to delivering quality and reliable products makes them an ideal partner for us as we continue to break into new and emerging markets,” saidRichard Yost, CEO ofAiro Brands.

For more information, visit cannabistcompany.com and Airobrands.com.

AboutThe Cannabist Company(f/k/aColumbia Care)

The Cannabist Company, formerly known asColumbia Care, is one of the largest and most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 15 U.S. jurisdictions. The Company operates 124 facilities including 93 dispensaries and 31 cultivation and manufacturing facilities, including those under development.Columbia Care, nowThe Cannabist Company, is one of the original multi-state providers of cannabis in theU.S.and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the Company launched Cannabist, its retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, Hedy, gLeaf, Classix, Press, and Amber. For more information, please visit www.cannabistcompany.com.

About Airo

Founded in 2017, Airo is an industry-leading cannabis brand with a mission to deliver a superior consumption experience through cutting-edge technologies and the highest quality materials. As ofApril 2024, Airo products can be found in over 1,700 licensed medical and adult use cannabis dispensaries across 21 U.S. states andPuerto Rico. Renowned for its award-winning vapor products, Airo has emerged as a top-selling brand in multipleU.S.states. Expanding upon its innovative offerings, Airo recently introduced Oria, a new line of cannabis-infused edibles. For more information, please visit www.airobrands.com.

Caution Concerning Forward Looking Statements

This press release contains certain statements that constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws and reflect the Company’s current expectations regarding future events. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to the Company’s ability to execute on retail, wholesale, brand and product initiatives. These forward-looking statements or information, which although considered reasonable by the Company, may prove to be incorrect and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by any forward-looking information. In addition, securityholders should review the risk factors discussed under “Risk Factors” in Columbia Care’s Form 10-K for the year endedDecember 31, 2023, as filed with Canadian andU.S.securities regulatory authorities and described from time to time in subsequent documents filed with applicable securities regulatory authorities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240426555977/en/

Investors
Lee Ann Evans
SVP, Capital Markets
investor@cannabistcompany.com

Media
Lindsay Wilson
SVP, Communications
media@cannabistcompany.com

Source:The Cannabist Company Holdings Inc.