Company’s Sixth Ohio Location Marks First Cannabist Branded Dispensary in the State; Grand Opening Set for September 10.

The Cannabist Company (Cboe CA: CBST) (OTCQB: CBSTF) ("The Cannabist Company" or the "Company"), one of the most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., announced today the upcoming grand opening of Cannabist Norwalk, located at 383 Milan Avenue, which will take place tomorrow, Wednesday, September 10. This is the Company’s sixth dispensary in Ohio, the first cannabis dispensary in Huron County, and the first to serve the Norwalk community.

Cannabist Norwalk marks the debut of The Cannabist Company’s signature retail brand, Cannabist, in Ohio. Dual-use licensing will enable the location to serve both medical patients and adult-use customers.

"Bringing Cannabist to Norwalk is a big moment for our Company. The Ohio team moved with focus and care from buildout to training to opening, and they have done a fantastic job preparing for this launch," said Erick Rodriguez, SVP of National Retail, The Cannabist Company. "I'm proud of the collaboration that got us here. Patients and adult-use customers who visit Cannabist Norwalk will feel welcome, informed, and confident in what they buy. That's what Cannabist is all about — delivering expert product guidance and a higher guest experience. This brings us to six locations in Ohio, with plans for eight total in the Buckeye state.”

Cannabist Norwalk will celebrate its grand opening on Wednesday, September 10. Customers will have the opportunity to enroll into the store’s loyalty program, with location-specific sales planned throughout the opening day.

Customers visiting Cannabist Norwalk will find a thoughtfully selected range of house brands, including Classix, Seed & Strain, and Triple Seven, alongside more than 100 third-party brands carried across the state. The dispensary's product range spans flower, pre-rolls, edibles, concentrates, and topicals, with additional brand partnerships expected to expand the menu in the coming months.

The Cannabist Company operates significant cultivation and manufacturing operations in Ohio, supported by advanced facilities that help meet growing demand for innovative, high-quality products serving both medical and adult-use customers. With the addition of the Norwalk dispensary, The Cannabist Company strengthens its retail presence throughout the state. The Company’s seventh Ohio location, to be located in Saint Clairsville, is anticipated to open later this year, pending regulatory approvals.

For more information on Cannabist locations, hours and menu availability in Ohio, visit https://oh.gocannabist.com/stores . For more information on The Cannabist Company visit https://cannabistcompany.com/.

About The Cannabist Company (f/k/a Columbia Care)

The Cannabist Company, formerly known as Columbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 12 U.S. jurisdictions. The Company operates 77 facilities including 61 dispensaries and 16 cultivation and manufacturing facilities, including those under development. Columbia Care, now The Cannabist Company, is one of the original multi-state providers of cannabis in the U.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 dreamt, Seed & Strain, Triple Seven, Hedy, gLeaf, Classix, Press, and Amber. For more information, please visit www.cannabistcompany.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 in Ohio. 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, security holders should review the risk factors discussed under "Risk Factors" in Columbia Care's Form 10-K for the year ended December 31, 2024, as filed with Canadian and U.S. securities regulatory authorities and described from time to time in subsequent documents filed with applicable securities regulatory authorities.

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