NEW YORK - The Cannabist Company Holdings Inc.  NEO  CBST   OTCQX  CBSTF   FSE  3LP , a prominent cannabis cultivator, manufacturer, and retailer in the United States, announced leadership changes with David Hart taking over as Chief Executive Officer and Jesse Channon stepping in as President, effective immediately. Channon, an expert in digital marketing and transformative technologies, joined the company in December 2019.Nicholas Vita, who co-founded The Cannabist Company in 2012 and has been at the helm for over a decade, oversaw the company's growth to over $500M in annual revenue and expansion into 16 integrated markets in the U.S. Vita is shifting his focus to research for ultrarare pediatric diseases through gene therapy but will continue to support the company as a Board member. Hart joined The Cannabist Company in 2016 and has a background in healthcare investments and financial services. The Cannabist Company, which rebranded from Columbia Care  OTC CBSTF , operates 125 facilities, including 94 dispensaries and 31 cultivation and manufacturing facilities.
The Cannabist Company Holdings Inc. announced leadership changes with David Hart taking over as CEO and Jesse Channon as President. Nicholas Vita, who co-founded the company in 2012, is shifting his focus to research for ultrarare pediatric diseases through gene therapy but will continue to support the company as a Board member.