Cannabist Co Holdings Inc. 8-K

What Happened

• Cannabist Co Holdings Inc. (CBSTQ) filed a Form 8-K (Item 5.02) announcing that President Jesse Channon resigned his employment effective April 1, 2026.
• Immediately following his resignation, the company and Mr. Channon entered into a Consulting Engagement Agreement (dated April 1, 2026) under which he will provide corporate services as a non-employee consultant.

Key Details

• Resignation effective date: April 1, 2026.
• Consulting fee: $10,000 per month.
• Initial consulting term: April 2, 2026 through July 3, 2026 (subject to modification or termination per the agreement).
• Mr. Channon joined the company in 2019 (Chief Growth Officer → Chief Commercial Officer → President).

Why It Matters

• This is an executive change (Item 5.02) that affects company leadership continuity: the former President will no longer be an employee but will continue to support the company in a paid advisory role.
• The short, defined consulting term and modest monthly fee suggest a transition/hand-off arrangement; investors should watch for subsequent filings that disclose any replacement for the President role or additional management changes.