On April 15, 2026, the Applicants sought an order approving a transaction (the "Delaware Transaction") as set out in the Delaware APA between the Parent Company and Columbia Care Delaware, LLC ("CC Delaware"), as sellers, and Parma Holdco LLC ("Parma"), as purchaser, dated March 23, 2026, and adding CC Delaware as an applicant to these CCAA Proceedings following closing of the Delaware Transaction. The Applicants also sought an order approving a transaction (the "Ohio Transaction") between the Parent Company and certain other entities and Holistic Industries Inc. ("Holistic"), as purchaser, dated March 23, 2026. Third, an ancillary order was sought, granting certain releases upon closing of Delaware Transaction and the Ohio Transaction and sealing a confidential exhibit until closing of the transactions or further order of the Court.

On April 2, 2026, the Court granted an amended and restated initial order ("ARIO") that, among other things, extended the stay period up to and including May 29, 2026.

On March 24, 2026, The Cannabist Company Holdings Inc., and The Cannabist Company Holdings (Canada) Inc. (collectively, the "Applicants" or the "Company" ) obtained an initial order (the "Initial Order" ) from the Ontario Superior Court of Justice (Commercial List) (the "Court" ) commencing proceedings (the "CCAA Proceedings" ) under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the "CCAA" ). Certain of the protections provided to the Applicants by the Initial Order were extended to a number of subsidiaries. A list of subsidiaries (the "Subsidiaries," and collectively with the Applicants, the "CC Group" ) can be found in Schedule "A" to the Initial Order. The Initial Order provides, among other things, a stay of proceedings in favour of the CC Group and the appointment of FTI Consulting Canada Inc. as monitor of the Applicants (in such capacity, the "Monitor" ). The stay has been granted for an initial 10-day period until April 2, 2026 (the "Stay Period" ).

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