The Cannabist Company and Flower by Edie Parker Launch Partnership in Virginia and Colorado

CCHWF 12.05.2024

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Collaboration Brings the Brand’s Top-Selling Products to Two Markets and Commences the Launch of the Brand’s New Edibles Line, ‘Seedies’

NEW YORK--(BUSINESS WIRE)--Dec. 5, 2024--TheCannabist Company Holdings Inc.(Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in theU.S., announced today the launch of its partnership with Flower byEdie Parker(the “Brand”), the leading female-founded and operated cannabis lifestyle brand, inVirginiaandColorado.The Cannabist Companylaunched Flower by Edie Parker’s premium products in the markets with the Brand’s best-selling ‘Petal Puffer’ all-in-one vape and vape cartridges.

Next week, the Company will be launching Flower by Edie Parker’s cannabis infused edibles line, ‘Seedies’ inColoradoandNew York, with additional markets launching in Q1 2025.The Cannabist Companyplans to bring Flower byEdie ParkertoDelawarein 2025.

“Virginia andColoradoare ideal first markets for us to launch this partnership with Flower byEdie Parker. Brett and her team have created a brand that resonates with people in a truly unique way by normalizing cannabis consumption through the lens of fashion and culture,” saidJesse Channon, President,The Cannabist Company. “Our brand partnership model has enabled us to work with the most amazing partners and use our scaled retail and cultivation platforms to elevate these incredibly innovative and dynamic founders and their brands, while keeping the customer at the center of everything.”

“We’re incredibly excited to kick off our partnership in the vibrant cannabis community inVirginiaand Colorado,” saidBrett Heyman, Founder and Creative Director of Flower byEdie Parker. “The Cannabist Company is the perfect partner for this next step in our journey, and we look forward to bringing Flower byEdie Parkerto all ‘smokers with style’ in these new markets.”

Flower byEdie Parkeris now available in eleven states. The Brand’s smoking accessories and handbags are also available at select The Cannabist Company’s dispensaries across the US. To find the nearestCannabist Companydispensary featuring this new partnership, visithttps://cannabistcompany.com/locations.

AboutThe Cannabist Company(f/k/aColumbia Care)The Cannabist Company, formerly known asColumbia Care, is one of the most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 14 U.S. jurisdictions. The Company operates 91 facilities including 71 dispensaries and 20 cultivation and manufacturing facilities, including those under development and assuming the closure of announced divesture transactions.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 visitwww.cannabistcompany.com.

About Flower byEdie ParkerFlower byEdie Parker, the leading female-founded and female-operated cannabis lifestyle brand, ushers in a new generation of cannabis consumers with an irreverent and bold collection of design-forward accessories and cannabis accouterments. Merging the worlds of fashion and cannabis, Flower byEdie Parkercontinues to break barriers and de-stigmatize the use of the plant. Priced from$8to$800, Flower byEdie Parker'saccessory collection features gorgeous acrylic, ceramic and hand blown glass accessories and a distinctly canna-friendly take on their signature acrylic bags. Since launching in 2019, Flower byEdie Parker&The Edie Parker Foundationaim to help those, primarily women and children, whose lives have been affected by low level drug offenses. Partner organizations include and have included theWomen's Prison Association,The Bail Project,The Last Prisoner Project,Feeding America, City Meals on Wheels & more. Visitwww.edie-parker.com,edieparkerflower.comor @EdieParkerFlower Instagram for more information.

Caution Concerning Forward-Looking StatementsThis 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, security holders 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 onbusinesswire.com:https://www.businesswire.com/news/home/20241205217725/en/

InvestorsLee Ann EvansSVP, Capital Marketsinvestor@cannabistcompany.com

MediaMike MosesCommunications Managermedia@cannabistcompany.com

Source: TheCannabist Company Holdings Inc.

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