Abbott co-founded Columbia Care with Chief Executive Officer Nicholas Vita in 2012.

The companies said the extension will give them more time to finalize divestiture agreements and obtain the regulatory approvals required to close.

The tablets feature fast-acting cannabis and special formulations designed for morning, afternoon and night routines.

Columbia Care's Cannabist dispensary in Hermann has been serving the medical patient community since 2021.

Sean "Diddy" Combs has announced plans to purchase assets in New York, Illinois and Massachusetts that Cresco Labs and Columbia Care are divesting in order for Cresco Labs to complete its acquisition of Columbia Care.

A variety of fast-acting chocolates and gummies are now available in Arizona, Colorado, Delaware, Massachusetts, Missouri and Virginia.