The Cannabist Company Reports Fourth Quarter and Full Year 2024 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2025
0mins
Source: Businesswire
Financial Performance Overview: The Cannabist Company reported a fourth-quarter revenue of $96.1 million, down 16% from the previous quarter, with a net loss of $155.8 million for Q4 and $205.8 million for the full year 2024, despite achieving positive operating cash flow of $4.3 million in Q4.
Strategic Initiatives and Future Outlook: The company is focusing on optimizing its operations through divestitures and cost reductions while planning to expand retail locations in key markets like Virginia and Ohio, aiming for improved margins and cash flow generation in 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
