Title of Class

Amount**

Cumulative total for both classes of Notes will amount to $269,950,000 aggregate principal amount. Amount to be issued under each class remains to be determined.

Derek Watson

Chief Financial Officer

Columbia Care LLC

321 Billerica Road

Chelmsford, MA 01824

(978) 910-1486

James Guttman

Dorsey & Whitney LLP

Toronto Dominion Centre

66 Wellington Street West, Suite 3400

Toronto, Ontario, Canada M5K 1E6

(416) 367-7376

The Guarantors and Co-Issuer listed on the following page are also included in this Application as Applicants.

GENERAL

AFFILIATIONS

MANAGEMENT AND CONTROL

UNDERWRITERS

CAPITAL SECURITIES

INDENTURE SECURITIES

CONTENTS OF APPLICATION FOR QUALIFICATION

SIGNATURES

Corporation

Michael Abbott

David Hart

Jesse Channon

Derek Watson

David Sirolly

Bryan Olson

Jesse Channon

Jeffrey Clarke

Julie Hill

James Kennedy

Rosemary Mazanet, M.D.

Frank Savage

Alison Worthington

Phillip Goldberg

Director

Chief Executive Officer

President

Chief Financial Officer

General Counsel

Chief Human Capital Officer

Director

Director

Director

Director

Director

Director

Director

Director

Troy Nicholson

David Hart

David Sirolly

Director

Director

Director

David Hart

Cameron Wald

Eddy Mendezas

Stewart Stinson

Director

Director

Director

Director

David Hart

Derek Watson

David Sirolly

Jesse Channon

President

Vice President & Treasurer

Vice President & Secretary

Vice President

David Hart

Jesse Channon

Derek Watson

David Sirolly

President

Vice President

Vice President & Treasurer

Vice President & Secretary

President

David Hart

Jesse Channon

Derek Watson

David Sirolly

President, Director

Vice President

Vice President & Treasurer

Vice President & Secretary

Name

Principal Owner of 10%

or More of Voting

Securities

Title of Class

Owned

Amount

Owned

The Cannabist Company Holdings Inc.

The Cannabist Company Holdings (Canada) Inc.

Access Bryant SPC

Apelles Realty LLC

Avum, LLC

Beacon Holdings, LLC

Bist Merch LLC

CA Care LLC

Cannascend Alternative Logan, L.L.C.

Cannascend Alternative, LLC

Capital City Care LLC

Capital City Cultivation LLC

CC CA Realty LLC

CC California LLC

CC OH Realty LLC

CC PA Realty LLC

CC Procurement LLC

CC VA Holdco LLC

CCPA Industrial Hemp LLC

Name

Principal Owner of 10%

or More of Voting

Securities

Title of Class

Owned

Amount

Owned

Col. Care (Delaware) LLC

Columbia Care – Arizona LLC

Columbia Care – Arizona, Prescott DE, L.L.C.

Columbia Care – Arizona, Prescott, LLC

Columbia Care – Arizona, Tempe DE, L.L.C.

Columbia Care – Arizona, Tempe, LLC

Columbia Care Adopt-A-Family Corp.

Columbia Care – Arizona LLC

Columbia Care CO Inc.

Columbia Care DC LLC

Columbia Care DE Management LLC

Columbia Care DE Realty LLC

Columbia Care Delaware, LLC

Columbia Care Illinois LLC

Columbia Care Industrial Hemp LLC

Columbia Care LLC

Columbia Care Maine Holding Company LLC

Columbia Care Maryland LLC

Columbia Care MD LLC

Columbia Care MD Realty LLC

Columbia Care ME LLC

Columbia Care Michigan LLC

Name

Principal Owner of 10%

or More of Voting

Securities

Title of Class

Owned

Amount

Owned

Columbia Care New Jersey LLC

Columbia Care NJ Realty LLC

Columbia Care NM LLC

Columbia Care NY LLC

Columbia Care NY Realty LLC

Columbia Care NY RO LLC

Columbia Care OH LLC

Columbia Care Partners LLC

Columbia Care Pennsylvania LLC

Columbia Care PR LLC

Columbia Care Puerto Rico LLC

Columbia Care PR LLC

And Medmar Puerto Rico, LLC

Columbia Care UT LLC

Columbia Care WV Industrial Hemp LLC

Columbia Care WV LLC

Corsa Verde, LLC

Curative Health Cultivation LLC

Curative Health LLC

Dellock Digital LLC

N/A

Name

Principal Owner of 10%

or More of Voting

Securities

Title of Class

Owned

Amount

Owned

Equity Health Partners DE LLC

N/A

DE Cann Ventures, LLC

Focused Health LLC

Future Vision Brain Bank, LLC

Futurevision, Ltd.

Membership Interest

N/A

Green Leaf Extracts, LLC

Green Leaf Management LLC

Green Leaf Medical of Ohio II LLC

N/A

Green Leaf Medical of Ohio III, LLC

Green Leaf Medical of Virginia, LLC

Green Leaf Medical, LLC

Green Leaf Medicals, LLC

High Rise Media, LLC

Infuzionz LLC

La Yerba Buena LLC

Mission Bay, LLC

MJ Brain Bank, LLC

Patriot Care Corp.

Columbia Care LLC

100

Peach Blossom Partners LLC

PHC Facilities, Inc.

Columbia Care LLC

Common Stock

10,000

Resource Referral Services, Inc.

Columbia Care LLC

10,000

Rocky Mountain Tillage, LLC

Name

Principal Owner of 10%

or More of Voting

Securities

Title of Class

Owned

Amount

Owned

TGS Colorado Management, LLC

TGS Global LLC

The Green Room Social Equity Partners LLC

47 Class A

Units

53 Class B

Units

The Green Solution, LLC

The Healing Center of San Diego

N/A

The Launch Pad LLC

TGS Global, LLC

The Supergroup Creative Omnimedia Inc.

Columbia Care LLC

N/A

The Wellness Earth Energy Dispensary, Inc.

1,000

Time for Healing, LLC

VentureForth Holdings LLC

VentureForth LLC

VF DC Realty LLC

Columbia Care LLC

Wellness Institute of Maryland, LLC

Common Shares

Proportionate Voting Shares

Preferred Shares

default for 30 days in the payment when due of interest on the Notes;

default in payment when due of the principal of, or premium, if any, on the Notes (whether at maturity, upon redemption or upon a required repurchase);

failure by Cannabist to comply with its obligations under Section 12.1 of the A&R Indenture;

failure by the Issuer or any of its Restricted Subsidiaries for 30 days to comply with the provisions of Section 7.14 of the A&R Indenture or Section 7.15 of the A&R Indenture to the extent not described in Section 9.1(b) of the A&R Indenture;

failure by the Issuer or any of its Restricted Subsidiaries for 60 days (including in connection with a Reporting Failure) after written notice by the Trustee or Holders representing 25% or more of the aggregate principal amount of Notes outstanding to comply with any of the other agreements in the A&R Indenture;

default under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any Indebtedness for money borrowed by the Issuer or any of its Restricted Subsidiaries (or the payment of which is guaranteed by the Issuer or any of its Restricted Subsidiaries) whether such Indebtedness or guarantee now exists, or is created after the Issue Date, if that default:

failure by the Issuer or any of its Restricted Subsidiaries to pay final non-appealable judgments (to the extent such judgments are not paid or covered by in-force insurance provided by a reputable carrier that has the ability to perform and has acknowledged coverage in writing) aggregating in excess of $15.0 million, which judgments are not paid, discharged or stayed for a period of 60 days;

except as permitted by the A&R Indenture, any Subsidiary Guarantee is held in any judicial proceeding to be unenforceable or invalid or ceases for any reason to be in full force and effect or any Guarantor, or any Person acting on behalf of any such Guarantor, denies or disaffirms its Obligations under its Subsidiary Guarantee;

Cannabist or any Restricted Subsidiary, pursuant to or within the meaning of any Bankruptcy Law:

commences a voluntary case or proceeding;

applies for or consents to the entry of an order for relief against it in an involuntary case or proceeding;

applies for or consents to the appointment of a custodian of it or for all or substantially all of its assets; or

makes a general assignment for the benefit of its creditors;

a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:

is for relief against Cannabist or any Restricted Subsidiary as debtor in an involuntary case or proceeding;

appoints a custodian of Cannabist or any Restricted Subsidiary or a custodian for all or any substantial part of the assets of Cannabist or any Restricted Subsidiary; or

orders the liquidation of Cannabist or any Restricted Subsidiary;

if the Noteholder Collateral Platform shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected First-Priority Lien on any material portion of the Collateral purported to be covered thereby and the Issuer or the applicable Guarantor does not take all steps reasonably required to provide the Collateral Trustee with a valid and perfected First-Priority Lien against such Collateral within five (5) Business Days of request therefor by the Collateral Trustee.

If an Event of Default occurs and is continuing, the Trustee or the Holders of not less than 25% in aggregate principal amount of the outstanding Notes may, and the Trustee at the request of such Holders shall, (i) declare by notice in writing to the Issuer and (if given by the Holders) to the Trustee, the principal of (and premium, if any) and accrued and unpaid interest to the date of acceleration on, all of the outstanding Notes immediately due and payable and, upon any such declaration, all such amounts will become due and payable immediately, and (ii) deliver an Enforcement Request to the Collateral Trustee; provided, however, that if an Event of Default specified in Section 9.1(i) or (j) of the A&R Indenture occurs and is continuing, then subject to applicable law the principal of (and premium, if any) and accrued and unpaid interest on all of the outstanding Notes will thereupon become and be immediately due and payable without any declaration, notice or other action on the part of the Trustee or any Holder.

The Issuer shall deliver to the Trustee, within 10 days after the occurrence thereof, notice of any Payment Default or acceleration referred to in Section 9.1(f)(ii) of the A&R Indenture. In addition, for the avoidance of doubt, if an Event of Default specified in Section 9.1(b) of the A&R Indenture occurs in relation to a failure by the Issuer to comply with the provisions of Section 7.14 of the A&R Indenture, “premium” shall include, without duplication to any other amounts included in “premium” for these purposes, the excess of:

the Change of Control Payment that was required to be offered in accordance with Section 7.14 of the A&R Indenture, in the event such offer was not made, or, in the event such offer was made, the Change of Control Payment that was required to be paid in accordance with Section 7.14 of the A&R Indenture; over

the principal amount of the Notes that were required to be subject to such offer or payment, as applicable.

At any time after a declaration of acceleration, but before a judgment or decree for payment of the money due has been obtained by the Trustee:

the Holders of a majority in aggregate principal amount of the outstanding Notes, by written notice to the Issuer, the Holders and the Trustee, may rescind and annul such declaration and its consequences if:

all existing Events of Default, other than the non-payment of amounts of principal of (and premium, if any) or interest on the Notes that have become due solely by such declaration of acceleration, have been cured or waived; and

such rescission would not conflict with any judgment or decree of a court of competent jurisdiction,

the Trustee, so long as it has not become bound to declare the principal and interest on the Notes (or any of them) to be due and payable, or to obtain or enforce payment of the same, shall have the power to waive any Event of Default if, in the Trustee’s opinion, the same shall have been cured or adequate satisfaction made therefor, and in such event to rescind and annul such declaration and its consequences,

Notwithstanding Section 9.2(a) of the A&R Indenture, in the event of a declaration of acceleration in respect of the Notes because an Event of Default specified in Section 9.1(e) of the A&R Indenture shall have occurred and be continuing, such declaration of acceleration shall be automatically annulled if the Indebtedness that is the subject of such Event of Default has been discharged or the holders thereof have rescinded their declaration of acceleration in respect of such Indebtedness, and written notice of such discharge or rescission, as the case may be, shall have been given to the Trustee by the Issuer and countersigned by the holders of such Indebtedness or a trustee, fiduciary or agent for such holders, within 30 days after such declaration of acceleration in respect of the Notes, and no other Event of Default has occurred during such 30 day period which has not been cured or waived during such period.

The Holders of a majority in aggregate principal amount of the outstanding Notes, by written notice to the Trustee, may on behalf of the Holders of all Notes waive any existing Default or Event of Default and its consequences under the A&R Indenture, except a Default or Event of Default in the payment of interest on, or principal (or premium, if any) of, Notes; provided that if the Default or Event of Default has occurred by reason of the non-observance or non-performance by the Issuer of any covenant applicable only to one or more series of Notes, then the Holders of a majority of the principal amount of the outstanding Notes of such series shall be entitled to waive such Default or Event of Default and it shall not be necessary to obtain a waiver from the Holders of any other series of Notes.

In addition to any rights the Trustee or Holders may have pursuant to Section 9 of the A&R Indenture, upon the occurrence of an Event of Default that is continuing, the Holders of not less than 25% in aggregate principal amount of the outstanding Notes may, and the Trustee at the request of such Holders shall, have immediate rights to seek the appointment of a receiver or keeper to take possession of Collateral and to enforce any of its remedies, with respect to such appointment without prior to notice or hearing as to such appointment.

All Notes shall be signed (either manually or by electronic or facsimile signature) by any authorized director or officer of the Issuer, holding office at the time of signing. An electronic or facsimile signature upon a Note shall for all purposes of the A&R Indenture be deemed to be the signature of the individual whose signature it purports to be. Notwithstanding that any individual whose signature, either manual or in facsimile or other electronic means,

No Notes will be entitled to any right or benefit under the A&R Indenture or be valid or obligatory for any purpose unless such Notes have been authenticated by manual or electronic signature by or on behalf of the Trustee substantially in the form provided for therein or in the relevant Supplemental Indenture. Such authentication upon any Notes will be conclusive evidence, and the only evidence, that such Notes have been duly authenticated, issued and delivered and that the Holder is entitled to the benefits thereof.

Subject to the terms of the A&R Indenture, the Trustee shall from time to time authenticate one or more Notes (including Global Notes) for original issue on the issue date for any series of Notes upon and in accordance with an Issuer Order (an “Authentication Order”), without the Trustee receiving any consideration therefor. Each such Authentication Order shall specify the principal amount of such Notes to be authenticated and the date on which such Notes are to be authenticated. The aggregate principal amount of Notes outstanding at any time may not exceed the aggregate principal amount specified in the Authentication Orders except as provided in Section 3.10 of the A&R Indenture. Except as provided in Section 7.10 of the A&R Indenture, there is no limit on the amount of Notes that may be issued under the A&R Indenture.

The certificate by or on behalf of the Trustee authenticating Notes will not be construed as a representation or warranty of the Trustee as to the validity of the A&R Indenture or of any Notes or their issuance (except the due authentication thereof by the Trustee) or as to the performance by the Issuer of its obligations under the A&R Indenture or any Notes and the Trustee will be in no respect liable or answerable for the use made of the proceeds of such Notes. The certificate by or on behalf of the Trustee on Notes issued under the A&R Indenture will constitute a representation and warranty by the Trustee that such Notes have been duly authenticated by and on behalf of the Trustee pursuant to the provisions of the A&R Indenture.

The Subsidiary Guarantee of a Guarantor will be automatically released:

in connection with any sale, assignment, transfer, conveyance or other disposition of all or substantially all of the assets of that Guarantor (including by way of merger, consolidation or otherwise), in one or more related transactions, to a Person that is not (either before or after giving effect to such transaction) Cannabist or a Restricted Subsidiary of the Issuer, if the sale or other disposition does not violate Section 7.15 of the A&R Indenture;

in connection with any sale or other disposition of the Capital Stock of a Guarantor to a Person that is not (either before or after giving effect to such transaction) a Restricted Subsidiary of Cannabist after which such Guarantor is no longer a Subsidiary of the Issuer, if the sale of such Capital Stock of that Guarantor complies with Section 7.15 of the A&R Indenture;

[reserved];

if the Guarantor is released in full from its obligations under any other Indebtedness which resulted in the creation of such Subsidiary Guarantee pursuant to this covenant; or

upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of the A&R Indenture as provided under Article 10 of the A&R Indenture.

The Trustee shall promptly execute and deliver a release together with all instruments and other documents reasonably requested by the Issuer or the applicable Restricted Subsidiary to evidence the release and termination of any Guarantee upon receipt of a request by the Issuer accompanied by an Officers’ Certificate certifying as to compliance with Section 15.2 of the A&R indenture.

The Liens on the Collateral will be released in whole with respect to the Notes (including Pledged Notes) and the Security Documents, as applicable, upon the occurrence of any of the following:

payment in full in cash of the principal of, accrued and unpaid interest and premium (if any) on, the Notes;

satisfaction and discharge of the A&R Indenture; or

legal defeasance or covenant defeasance as set forth under Sections 10.3 or 10.4 of the A&R Indenture,

The Liens on the Collateral will automatically be released with respect to any asset constituting Collateral upon the occurrence of any of the following:

in connection with any disposition of such Collateral to any Person other than the Issuer (but excluding any transaction subject to the covenant described under Section 12.1 of the A&R Indenture if such other Person is required to become the obligor on the Notes) that is permitted by the A&R Indenture; or

upon the sale or disposition of such Collateral pursuant to the exercise of any rights and remedies by the Collateral Trustee with respect to any Collateral, subject to the Security Documents.

To the extent applicable, the Issuer shall cause Section 314(d) of the Trust Indenture Act, relating to the release of property or securities from the Lien and security interest of the Security Documents and relating to the substitution therefor of any property or securities to be subjected to the Lien and security interest of the Security Documents, to be complied with. Any certificate or opinion required by Section 314(d) of the Trust Indenture Act may be made by an officer of the Issuer except in cases where Section 314(d) of the Trust Indenture Act requires that such certificate or opinion be made by an independent Person, which Person shall be an independent engineer, appraiser or other expert selected by the Issuer in a manner consistent with the requirements of the Trust Indenture Act.

either:

all Notes that have been authenticated, except lost, stolen or destroyed Notes that have been replaced or paid and Notes for whose payment money has been deposited in trust and thereafter repaid to the Issuer, have been delivered to the Trustee for cancellation; or

all Notes that have not been delivered to the Trustee for cancellation have become due and payable, including by redemption, by reason of the mailing or electronic transmission of a Redemption Notice or otherwise or will become due and payable within one year and the Issuer or any Guarantor has irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders, cash in U.S. dollars, non-callable Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public accountants, without consideration of any reinvestment of interest, to pay and discharge the entire Indebtedness on the Notes not delivered to the Trustee for cancellation for principal, premium, if any, and accrued interest to the date of maturity or redemption;

no Default or Event of Default has occurred and is continuing on the date of the deposit (other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit);

such deposit will not result in a breach or violation of, or constitute a default under, any material agreement or instrument (other than the A&R Indenture) to which the Issuer or any Guarantor is a party or by which the Issuer or any Guarantor is bound;

the Issuer or any Guarantor has paid or caused to be paid all sums payable by the Issuer under the A&R Indenture; and

the Issuer has delivered irrevocable written instructions to the Trustee under the A&R Indenture to apply the deposited money toward the payment of the Notes at maturity or the Redemption Date, as the case may be.

The Issuer shall deliver to the Trustee, within 90 days after the end of each fiscal year, a brief certificate from the principal executive officer, principal financial officer or principal accounting officer as to his or her knowledge of compliance by the Issuer and the Restricted Subsidiaries with all conditions and covenants in the A&R Indenture. For purposes of Section 9.20(a) of the A&R Indenture, such compliance shall be determined without regard to any period of grace or requirement of notice under the A&R Indenture.

Upon becoming aware of any Default or Event of Default, the Issuer shall promptly deliver to the Trustee an Officers’ Certificate, specifying such event, notice or other action giving rise to such Default or Event of Default and the action that the Issuer or Restricted Subsidiary, as applicable, is taking or proposes to take with respect thereto.

The Issuer shall furnish to the Trustee evidence of compliance with the conditions precedent provided for in the A&R Indenture relating to any action or step required or permitted to be taken by the Issuer or the Trustee under the A&R Indenture or as a result of any obligation imposed under the A&R Indenture, including without limitation, the authentication and delivery of Notes under the A&R Indenture, the satisfaction and discharge of the A&R Indenture and the taking of any other action to be taken by the Trustee at the request of or on the application of the Issuer, forthwith if and when (a) such evidence is required by any other Section of the A&R Indenture to be furnished to the Trustee in accordance with the terms of this Section 13.6 of the A&R Indenture, or (b) the Trustee, in the exercise of its rights and duties under the A&R Indenture, gives the Issuer written notice requiring it to furnish such evidence in relation to any particular action or obligation specified in such notice. Such evidence shall consist of:

an Officers’ Certificate, stating that any such condition precedent has been complied with in accordance with the terms the A&R Indenture;

an Opinion of Counsel that such condition precedent has been complied with in accordance with the terms of the A&R Indenture; and

in the case of any such condition precedent the satisfaction of which is subject to review or examination by auditors or accountants, a certificate or opinion of an accountant, that such condition precedent has been complied with in accordance with the terms of the A&R Indenture and in accordance with Section 314(b) of the Trust Indenture Act.

Whenever such evidence relates to a matter other than the authentication and delivery of Notes and the satisfaction and discharge of the A&R Indenture, and except as otherwise required by the Trust Indenture Act or specifically provided therein, such evidence may consist of a report or opinion of any solicitor, auditor, accountant, engineer or appraiser or any other appraiser or any other individual whose qualifications give authority to a statement made by such individual, provided that if such report or opinion is furnished by a director, officer or employee of the Issuer it shall be in the form of a statutory declaration. Such evidence shall be, so far as appropriate, in accordance with Section 13.6(a).

Each statutory declaration, certificate, opinion or report with respect to compliance with a condition precedent provided for in the A&R Indenture (other than certificates provided pursuant to Section 9.20(a) of the A&R Indenture) shall include (i) a statement by the individual giving the evidence that he or she has read and is familiar

In addition to its obligations under Section 9.20 of the A&R Indenture, the Issuer shall furnish or cause to be furnished to the Trustee at any time if the Trustee reasonably so requires, an Officers’ Certificate certifying that the Issuer has complied with all covenants, conditions or other requirements contained in the A&R Indenture, the non-compliance with which would constitute a Default or an Event of Default, or if such is not the case, specifying the covenant, condition or other requirement which has not been complied with and giving particulars of such non-compliance. The Issuer shall, whenever the Trustee so requires, furnish the Trustee with evidence by way of statutory declaration, opinion, report or certificate as specified by the Trustee as to any action or step required or permitted to be taken by the Issuer or as a result of any obligation imposed by the A&R Indenture.

Pages numbered 1 to 27, consecutively.

The statement of eligibility and qualification of the trustee under the indenture to be qualified.

The following Exhibits in addition to those filed as part of the statement of eligibility and qualification of the trustee:

Amended and Restated Bylaws of Columbia Care Co Inc.

Operating Agreement of Columbia Care DE Management LLC

To be filed by amendment.

Incorporated by reference to Odyssey Trust Company’s Form T-6 filed with the SEC on April 7, 2025

/s/ Derek Watson

/s/ David Hart

/s/ David Hart

/s/ David Sirolly

/s/ David Hart

Name:David Hart

Title: President

/s/ David Hart

/s/ David Hart

Name: David Hart

Title: Director

/s/ David Hart

Name: David Hart

Title: Chief Executive Officer

/s/ David Hart

/s/ David Hart

/s/ David Hart