Welcome to our dedicated page for Ianthus news (Ticker: ITHUF), a resource for investors and traders seeking the latest updates and insights on Ianthus stock.
iAnthus Capital Holdings, Inc. (ITHUF) delivers integrated financing and operational solutions for licensed cannabis businesses across the U.S. This page provides investors and industry stakeholders with timely updates on corporate developments, regulatory compliance, and strategic initiatives shaping the company’s role in the cannabis sector.
Discover official press releases, earnings reports, and analysis of key milestones. Our curated news collection covers financial performance, partnership announcements, and management insights, offering a comprehensive view of iAnthus’s evolving market position.
Content includes updates on capital investments, dispensary operations, and regulatory engagements. Bookmark this page to stay informed about iAnthus’s progress in bridging financial expertise with cannabis industry leadership. Check back for verified updates that matter to your investment decisions.
iAnthus Capital Holdings has appointed John Paterson to its Board of Directors and the Audit Committee, effective April 20, 2023. Paterson is a recognized figure in the diagnostic imaging industry and has extensive experience in finance, having previously worked with a Wall Street investment bank and advised major financial institutions. His expertise includes business and financial restructurings, mergers and acquisitions, and has been involved in the cannabis sector since 2019. This appointment follows the resignation of Marco D'Attanasio from the Board on September 15, 2022, with Paterson nominated as a replacement by the investor who initially nominated D'Attanasio. iAnthus operates cannabis facilities across the U.S. and continues to strategize its growth in this sector.
iAnthus Capital Holdings (CSE: IAN, OTCPK: ITHUF) announced significant operational expansions in New Jersey. Starting April 20, 2023, its subsidiary MPX NJ will launch adult-use operations at its Atlantic City dispensary, while also opening a second medical dispensary in Gloucester Township the following week. This expansion follows regulatory approvals from the New Jersey Cannabis Regulatory Commission. Additionally, MPX NJ's Pleasantville facility will enhance wholesale distribution for both medical and adult-use products, including Anthologie flower and Black Label cartridges. The company aims to grow its footprint in New Jersey, with a third dispensary under construction and plans for further adult-use sales. Interim CEO Robert Galvin expressed optimism about increasing access to products for both medical and adult-use customers.
iAnthus Capital Holdings has announced a change in its independent auditor, dismissing Marcum LLP and appointing PKF O'Connor Davies, LLP effective March 30, 2023. This decision was made after careful consideration and was approved by the company's audit committee. The previous auditor's reports for the fiscal years ending December 31, 2022, and 2021 did not contain any adverse opinions, though they did reference concerns regarding the company's ability to continue as a going concern. The company has confirmed that there were no disagreements with Marcum regarding accounting practices or financial disclosures. PKFOD has not been consulted on any financial matters during the last two fiscal years. iAnthus operates cannabis businesses across the United States.
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