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iAnthus Reports 21% YoY Revenue Increase And Net Loss Decline In Q3 Despite 2020 Challenges
Tuesday, November 9, 2021 - 9:01am | 675Cannabis operator iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF) reported its financial results Monday for the three and nine months ended Sept. 30, revealing a 21% year-over-year increase in revenue, which totaled $49.3 million in the third quarter of fiscal 2021. Q3 2021 Financial...
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iAnthus Capital Cannabis Co. Shares Up Slightly After Revealing 57% Surge In Q2 2021 Revenue Following A Tough Year
Wednesday, August 11, 2021 - 8:27am | 421Cannabis company iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF) reported its financial results on Tuesday for the three and six months ended June 30, revealing a 57% surge in revenue for the second quarter of 2021, reaching $54.2 million. Gross profit totaled $31.3 million over the...
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iAnthus CEO Resigns After Board Flags Personal Loan Deal
Monday, April 27, 2020 - 5:20pm | 372Cannibus cultivator iAnthus Capital Holdings (CSE: IAN) (OTC: ITHUF) has a new chief executive officer. The New York-based company announced Monday that co-founder Hadley Ford, who had been CEO since iAnthus launched in 2014, has resigned. The iAnthus board of directors has appointed Randy Maslow...
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10 Cannabis Executives Present Their Plans For 2020 And Beyond
Monday, January 27, 2020 - 8:34am | 1731The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The public cannabis markets are in the midst of a correction, but that hasn’t dampened enthusiasm for the growth of the industry....
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iAnthus Discloses Several Milestones In Massachusetts Adult-Use Cannabis Market
Thursday, December 5, 2019 - 10:02am | 334iAnthus Capital Holdings, Inc. (CSE: IAN) (OTC: ITHUF) reported Thursday about its recent achievements in Massachusetts, one of them being the state’s approval for its subsidiary, Mayflower Medicinals, Inc., to start construction on its first adult-use retail dispensary. The company’s...
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Chicago Cannabis Capital Conference: Meet The MSO Panel
Tuesday, September 10, 2019 - 3:13pm | 474If you have attended past Cannabis Capital Conferences, you know that Benzinga is recognized for bringing in the most reputable, cutting-edge companies and speakers in the industry. From an extemporaneous keynote from Acreage Holdings Inc (OTC: ACRGF) CEO Kevin Murphy to a fireside chat with...
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iAnthus Reports Q2 Revenue Of $25M: 'We Continue To Generate Operational Efficiencies'
Tuesday, August 27, 2019 - 7:59am | 334Cannabis company iAnthus Capital Holdings, Inc (CSE: IAN) (OTC: ITHUF) reported fiscal second-quarter total pro forma revenue of $25 million, up 35% from one quarter earlier. It also disclosed second-quarter reported revenues of $19.2 million, up by 100% from $9.6 million in the previous quarter....
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WATCH: Interviews With Some Of The Biggest Execs From The Cannabis Capital Conference
Monday, March 18, 2019 - 3:00pm | 372Benzinga’s 2019 Cannabis Capital Conference in Miami gathered some of the most prestigious cannabis executives, service providers, investors and media in the constantly expanding space. More than 700 attendees had exclusive access to company updates, industry news and more. Prominent speakers...
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iAnthus To Open Its First Marijuana Dispensary In Florida
Tuesday, December 18, 2018 - 12:48pm | 399iAnthus Capital Holdings Inc (OTC: ITHUF) is executing on its plan to expand its presence across the United States and plans to open its first dispensary in Florida on Dec. 19. What Happened iAnthus, which is one of the largest U.S. cannabis companies, said its first dispensary in Florida will be...
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The Cannabis Finance Community Reacts To Jeff Sessions' Ousting
Monday, November 12, 2018 - 4:42pm | 653Whether you want to call it a resignation or a firing, the outcome is the same: Jeff Sessions is no longer the attorney general of the United States. And, with him, many expect, the federal government’s strong opposition to cannabis legalization could depart as well. Benzinga reached out to...
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iAnthus CEO Talks MPX Bioceutical Purchase, M&A In The Cannabis Industry
Friday, November 9, 2018 - 9:36am | 1104A wave of consolidation is underway in the cannabis sector. In July, Canadian giant Aurora Cannabis Inc (NYSE: ACB) acquired its industry peer MedReleaf for the U.S. dollar equivalent of $2.45 billion — the largest deal in the industry’s history. Earlier this month, iAnthus Capital...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, July 6, 2018 - 5:37pm | 2797A shortened week brought less cannabis news than usual, providing the people in the industry with a chance to exhale and look back at the convoluted weeks leading up to the Fourth of July holiday. We did witness some relevant action. Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) reported...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, March 9, 2018 - 5:40pm | 2053Cannabis stocks seem to be rebounding after a tough February. Over the last week, the United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., posted gains of 5.5 percent. Meanwhile, the North American Marijuana Index, was a bit more volatile on the back of...
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iAnthus Enters The New York Cannabis Market; Does The $17.3 Million Acquisition Make Sense?
Tuesday, July 18, 2017 - 2:55pm | 1188Earlier this month, cannabis-focused financing and advisory firm iAnthus Capital Holdings Inc (CNSX: IAN) (OTC: ITHUF) announced it acquired Westchester-based Valley Agriceuticals, LLC, gaining access to New York’s nascent cannabis market. In an industry where few investments surpass seven...
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Banking Problems In The Cannabis Industry Are 'Somewhat Overblown In The Press'
Tuesday, May 16, 2017 - 2:19pm | 554Large commercial and investment banks like JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp (NYSE: BAC), Morgan Stanley (NYSE: MS) or Citigroup Inc (NYSE: C) are keeping their hands off the cannabis industry for the time being. In fact, this is part of a larger trend seen — at least...