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NEW YORK–(BUSINESS WIRE)–Nov 26, 2019–

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Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the better absolutely chip operators in the all-around medical cannabis industry with licenses beyond the US and EU, today appear the amplification of its Florida brand with the aperture of its dispensaries in Cape Coral and Orlando. The Company additionally expects its Bonita Springs and Melbourne dispensaries to be operational aural the abutting two weeks.

In addition, aftermost week, Columbia Care accustomed accompaniment approval to advertise annual in its Florida dispensaries. Earlier this year, in apprehension of its cogent Florida amplification and added appeal for annual articles beyond the state, the Company appear the amplification of its agronomics and accomplishment operations in Arcadia as able-bodied as the architecture of a new adeptness in Lakeland, both of which accept been architecture account and will activate bartering exceptional annual articles beyond the accompaniment on December 2, 2019.

“Florida continues to be one of the fastest growing medical cannabis markets in the US, and Columbia Care is appreciative to be a allotment of that advance story,” said Nicholas Vita, arch controlling administrator of Columbia Care. “Since its approval in March, the appeal for annual has been able and we are aflame to accept accustomed approval to administer our high-quality annual articles to the accompaniment as a accompaniment to our portfolio of attention manufactured, dosage metered biologic affection products. With 22 berth locations either accessible or beneath development and two primary accomplishment and agronomics sites operational, our adeptness to action Columbia Care’s abounding apartment of proprietary medical cannabis articles throughout the accompaniment will serve as the foundation for our advance and profitability. The 400,000 registered patients in Florida deserve a best-in-class acquaintance forth with the differentiated commitment forms we are accepted for. We are appreciative of the assignment done to date by our Florida aggregation and abide committed to ambience the bar for affection and account in the Sunshine State.”

The Company expects to acquaint the CNC Card, the nation’s aboriginal acknowledged acclaim agenda for cannabis purchases, at anniversary of these new locations, as able-bodied as its proprietary home commitment service, “[email protected],” which, calm with the CNC Card, is advised to accommodate a acceptable and accustomed chump acquaintance as able-bodied as automated admission to Columbia Care’s high-quality cannabis articles by authoritative automated accomplishment a simple and able agency to admission these important medications.

For added advice about Columbia Care’s Florida dispensaries, including a card of accessible articles and hours of operation, amuse appointment https://col-care.com/all-locations/.

Additional advice on the CNC Agenda can be begin at www.columbianationalcredit.com.

About Columbia Care Inc.

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Columbia Care Inc. is one of the better absolutely chip operators in the all-around medical cannabis industry with licenses in 15 jurisdictions in the US and the EU. With over 1.4 actor in sales affairs back its inception, Columbia Care is a patient-centered alignment ambience the accepted for compassion, professionalism, quality, caring and accession in cannabis, alive in accord with some of the best acclaimed and avant-garde teaching hospitals and medical centers in the world. The Company is committed to accouterment the blazon of apprenticeship and accuracy patients deserve and affection of artefact that clinicians expect. For added advice on Columbia Care, amuse appointment www.col-care.com.

Caution Apropos Forward-Looking Statements

This columnist absolution contains assertive statements that aggregate advanced advice aural the acceptation of applicative balance laws (“forward-looking statements”). Statements apropos Columbia Care’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, banking achievement and action of Columbia Care are advanced statements. The words “believe”, “expect”, “anticipate”, “estimate”, “intend”, “may”, “will”, “would”, “could”, “should”, “continue”, “plan”, “goal”, “objective”, and agnate expressions and the abrogating of such expressions are advised to analyze advanced statements, although not all advanced statements accommodate these anecdotic words.

Certain absolute factors and assumptions were activated in accouterment these advanced statements. Advanced advice involves abundant assumptions, including the adeptness of the Company to access assertive third affair consents, permits and approvals; the adeptness of Columbia Care to accommodated its berth targets, including the adeptness to accommodate added charter arrange satisfactory to the Company; the adeptness of the Company to complete all planned architecture in a appropriate manner; and the adeptness of the Company to analyze and allure able staff. Projections may be impacted by macroeconomic factors, in accession to added factors not controllable by the Company. Columbia Care has additionally fabricated assertive accepted industry assumptions in the alertness of such advanced statements. Management believes that the expectations reflected in advanced statements are based aloft reasonable assumptions; however, Management can accord no affirmation that absolute after-effects will be constant with these advanced statements. Not all factors which affect the advanced advice are known, and absolute after-effects may alter from the projected after-effects in a absolute account and may be aloft or beneath the advanced advice presented in a absolute respect.

Forward-looking statements absorb accepted and alien risks, uncertainties and added factors that may account Columbia Care’s absolute results, achievement or achievements, or developments in its industry, to alter materially from the advancing results, performance, achievements or developments bidding or adumbrated by such advanced statements. Given these uncertainties, readers are cautioned not to abode disproportionate affirmation on such advanced statements. When because these advanced statements, readers should accumulate in apperception the accident factors and added cautionary statements in Columbia Care’s final announcement anachronous March 21, 2019 (the “Prospectus”) and filed with the applicative Canadian balance authoritative authorities on SEDAR at www.sedar.com. The accident factors and added factors acclaimed in the Announcement could account absolute contest or after-effects to alter materially from those declared in any advanced information. Advanced statements are based on management’s accepted plans, estimates, projections, behavior and opinions, and Columbia Care does not undertake any obligation to amend advanced statements should assumptions accompanying to these plans, estimates, projections, behavior and opinions change except as appropriate by applicative balance laws. All of the advanced statements fabricated in this columnist absolution are able by these cautionary statements and added cautionary statements or factors independent herein, and there can be no affirmation that the absolute after-effects or developments will be accomplished or, alike if essentially realized, that they will accept the accepted after-effects to, or furnishings on, Columbia Care.

View antecedent adaptation on businesswire.com:https://www.businesswire.com/news/home/20191126005445/en/

CONTACT: Investors:

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Gary F. Santo, Jr.

Investor Relations

1.212.271.0915

[email protected]

Media:

Josephine Belluardo, Ph.D.

LifeSci Public Relations

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1.646.751.4361

KEYWORD: UNITED STATES NORTH AMERICA CANADA FLORIDA NEW YORK

INDUSTRY KEYWORD: MANAGED CARE ALTERNATIVE MEDICINE HEALTH

SOURCE: Columbia Care Inc.

Copyright Business Wire 2019.

PUB: 11/26/2019 08:00 AM/DISC: 11/26/2019 08:01 AM

http://www.businesswire.com/news/home/20191126005445/en

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