Columbia Care Inc.
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Columbia Care Inc. - overview
Established
2012
Location
-, NY, US
Primary Industry
Healthcare
About
Columbia Care Inc. is a cannabis company that provides a wide range of medical and recreational products, focusing on enhancing consumer experiences through quality and safety in its offerings. Founded in 2012 in the US, Columbia Care Inc. operates as a cannabis company that focuses on the production and retail of cannabis products.
The company has successfully executed a TRADE SALE funding round, raising USD 2000. 00 mn, with Cresco Labs, LLC as one of the investors. Columbia Care has completed 3 deals to date and has raised a total of USD 2000. 00 mn.
The CEO of the company is Nicholas Vita. Columbia Care specializes in providing a comprehensive range of cannabis products, including flower, edibles, concentrates, and topicals, aimed at addressing various health and wellness needs. Their dispensaries operate in key markets such as Maryland, New York, Ohio, and Pennsylvania, catering to both medical patients and recreational users while emphasizing quality and safety in product formulations. In 2023, Columbia Care reported a revenue of USD 511.
33 mn and an EBITDA of USD -33. 16 mn, generating income primarily through direct-to-consumer sales at its dispensaries. Columbia Care plans to leverage recent funding to continue expanding its product offerings and geographic reach. The company has raised CAD 28,980,000 by issuing 3,220,000 shares at CAD 9 per share.
This capital will likely support the launch of new products and facilitate entry into additional markets, enhancing their distribution capabilities and reinforcing their position in the cannabis market.
Primary Industry
Healthcare
Sub Industries
Alternative Medicine
Website
www.col-care.com
Verticals
Cannabis/Medical Marijuana, E-commerce, HealthTech, Mobile Apps
Company Stage
Acquired
Total Amount Raised
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Columbia Care Inc. - timeline of key events
Columbia Care Inc. - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Columbia Care Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Columbia Care Inc. | - | ||||||||
| Add-on | Completed | Medicine Man | - | ||||||||
| Buyout | Completed | Columbia Care Inc. | - | ||||||||
| Private Placement/Follow on | Completed | Columbia Care Inc. | - |
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Columbia Care Inc. - employee data
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