IAN.CN - iAnthus Capital Holdings, Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
2.8100
-0.0800 (-2.77%)
At close: 3:58PM EDT
Stock chart is not supported by your current browser
Previous Close2.8900
Open2.8200
Bid2.7800 x 0
Ask2.8100 x 0
Day's Range2.7200 - 2.8500
52 Week Range2.6400 - 8.6900
Volume432,014
Avg. Volume418,877
Market Cap438.461M
Beta (3Y Monthly)1.17
PE Ratio (TTM)N/A
EPS (TTM)-0.4910
Earnings DateAug 27, 2019 - Aug 28, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CNW Group

    iAnthus Expands Nevada Footprint with Agreement to Acquire Vertically Integrated Northern Nevada Operator

    ("iAnthus" or the "Company") (CSE: IAN, OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States , is pleased to announce that its U.S. subsidiary has entered into an agreement to acquire WSCC, Inc. ("Sierra Well"), a leading Nevada -based vertically licensed cannabis company with two dispensary locations and over 20,000 square feet of cultivation/production facilities in Reno and Carson City .

  • PR Newswire

    Cannabis Virtual Investor Conference Presentations Now Available for On-Demand Viewing

    Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view the presentations NEW YORK , Sept. 16, 2019 /PRNewswire/ -- Virtual Investor Conferences ...

  • PR Newswire

    iAnthus Announces Opening of Dispensary in Bonita Springs, Florida

    NEW YORK and TORONTO, Sept. 16, 2019 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN, OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, is pleased to announce the opening of its dispensary in Bonita Springs, Florida. This brings the Company's total number of dispensaries in Florida to nine and its system-wide total to 27. Hadley Ford, Chief Executive Officer of iAnthus said, "We are excited to add Bonita Springs to our retail footprint and look forward to delighting the medical marijuana patients of southwest Florida with high-quality, tested, and trusted products.

  • CNW Group

    /R E P E A T -- Live Investor Conference & Webinar: Cannabis Industry Companies Present September 12th/

    /R E P E A T -- Live Investor Conference & Webinar: Cannabis Industry Companies Present September 12th/

  • PR Newswire

    Live Investor Conference & Webinar: Cannabis Industry Companies Present September 12th

    Cannabis Company Executives share vision, answer questions live at VirtualInvestorConferences.com NEW YORK , Sept. 6, 2019 /PRNewswire/ -- Virtual Investor Conferences and KCSA Strategic Communications ...

  • CNW Group

    /C O R R E C T I O N from Source -- VirtualInvestorConferences.com/

    /C O R R E C T I O N from Source -- VirtualInvestorConferences.com/

  • Market Exclusive

    iAnthus Gets Approval to Open Three More Cannabis Dispensaries in Florida

    iAnthus Capital Holdings (CSE: IAN) (OTCQX: ITHUF) has received approval from the Florida Office of Medical Marijuana Use to open dispensaries in Lakeland and Gainesville and North Miami. As a result, the total number of the company’s dispensaries in Florida will jump to eight. Located at 3004 US Highway 98 North, GrowHealthy Lakeland will serve the metro area population of more than 660,000. GrowHealthy Gainesville, located at 4880 Newberry Road, […]The post iAnthus Gets Approval to Open Three More Cannabis Dispensaries in Florida appeared first on Market Exclusive.

  • It Took a 58% Slide for This Pot Stock to Lure Value Investors
    Bloomberg

    It Took a 58% Slide for This Pot Stock to Lure Value Investors

    (Bloomberg) -- Once high-flying pot stocks are so beaten down that they’re attracting interest from value investors.That’s according to Hadley Ford, a former investment banker for Goldman Sachs who is now chief executive officer at New York-based cannabis firm iAnthus Capital Holdings Inc.“Now I get value investors calling me,” Ford said in a phone interview Tuesday following the company’s second-quarter earnings release. “I’m like, ‘Should I be pitching myself to Sanford Bernstein and declaring a dividend?”’iAnthus shares have fallen by half over the past 12 months and have lost two-thirds of their value since their high point of C$9.49 last September.The whole sector is currently in a bear market, with the regulatory issues at CannTrust Holdings Inc., the firing of Canopy Growth Corp. Co-CEO Bruce Linton and antitrust reviews of several U.S. acquisitions all weighing on stocks, Ford said.“If we were in a bull market you’d put a positive spin on all these things but unfortunately we’re in a bear market so everyone gets painted with the same brush,” he said.Ford likened the current environment for pot stocks to quantum physics, where “a particle may be in two places at once.”“The business of cannabis is doing fine, the stocks not at all; it’s two separate realities existing at the same time,” he said on the company’s earnings call. “Like quantum physics, I can read the words, I can see the facts, but I just don’t understand it.”iAnthus reported second-quarter revenue of $25 million, up 35% sequentially from the prior quarter, and a net loss of $9.3 million.To contact the reporter on this story: Kristine Owram in Toronto at kowram@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Steven Fromm, Jennifer Bissell-LinskFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Market Exclusive

    Cannabis Stock News Daily Roundup August 27

    iAnthus Capital Holdings (CSE: IAN) (OTCQX: ITHUF) reported its financial results for the fiscal second quarter ended June 30. Revenue for the quarter was $19.20 million, up from $256,000 for the same period of last year. The company posted a loss of $9.29 million, or $0.06 loss per share, versus a loss of $35.44 million, or […]The post Cannabis Stock News Daily Roundup August 27 appeared first on Market Exclusive.

  • iAnthus Reports Fiscal Second Quarter 2019 Financial Results
    CNW Group

    iAnthus Reports Fiscal Second Quarter 2019 Financial Results

    iAnthus Reports Fiscal Second Quarter 2019 Financial Results

  • CNW Group

    iAnthus Announces Opening of Additional Florida Dispensaries

    NEW YORK and TORONTO , Aug. 23, 2019 /CNW/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN, OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States , is pleased to announce it has received approval from the Florida Office of Medical Marijuana Use ("OMMU") to open dispensaries in Lakeland and Gainesville, Florida , as well as the previously announced dispensary in North Miami.  This will bring the Company's total number of dispensaries in the state to eight.

  • CNW Group

    iAnthus Announces US$50 Million Senior Secured Debt Financing to Support Growth Initiatives

    ("iAnthus" or the "Company") (CSE: IAN, OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States , is pleased to announce that it has entered into a term sheet and is actively negotiating definitive documents for a senior secured term loan of up to US$50 million (the "Term Loan") from one or more investment funds managed by Torian Capital Partners (collectively, "Torian Capital"), an investor in the global cannabis industry. The Term Loan is expected to be made available in two tranches of US$25 million , each with substantially similar terms.

  • CNW Group

    iAnthus to Report Second Quarter 2019 Financial and Operating Results on August 27, 2019; Updates Florida Store Opening Timeline

    The Company will host a conference call for financial analysts and investors at 8:30 a.m. Eastern Time on Wednesday , August 27, 2019 to discuss the Company's second quarter results. Additionally, the Company would like to update analysts and investors on the opening of its GrowHealthy store in North Miami , which was expected to open on August 5, 2019 , but has been delayed.  Due to a postponement in the receipt of the final certificate of occupancy, the store is now expected to open later this month.

  • PR Newswire

    iAnthus' Announces Opening of Miami Dispensary

    NEW YORK and TORONTO, Aug. 1, 2019 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN, OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, is pleased to announce operational updates for GrowHealthy, the Company's Florida medical marijuana operation. "Since opening our first Florida dispensary in December 2018, we have grown our market share from 0% to 3% within our first 7 months of retail operations in one of the largest medical markets within the United States," said Hadley Ford, Chief Executive Officer of iAnthus.

  • Market Exclusive

    iAnthus Flourishing in Massachusetts Adult-Use Cannabis Market

    iAnthus Capital Holdings (CSE: IAN) (OTCQX: ITHUF) has announced that it has achieved several regulatory milestones in Massachusetts lately. On July 18th, the City of Worcester License Commission voted to issue a retail marijuana license to iAnthus' subsidiary Mayflower Medicinals to operate an adult-use dispensary. The license will allow the company to run a 2,837-sq.-ft. facility […]The post iAnthus Flourishing in Massachusetts Adult-Use Cannabis Market appeared first on Market Exclusive.

  • Market Exclusive

    Cannabis Stock News Daily Roundup July 29

    iAnthus Capital Holdings (CSE: IAN) (OTCQX: ITHUF) has reported several recent milestones in Massachusetts. The company’s Mayflower Medicinals was approved for a retail marijuana license by the City of Worcester License Commission to operate an adult-use dispensary. The company's medical marijuana cultivation and processing facility in Holliston is supplying flower, pre-rolls, distillate, and edibles to Mayflower’s […]The post Cannabis Stock News Daily Roundup July 29 appeared first on Market Exclusive.

  • PR Newswire

    iAnthus Reports Significant Progress in Massachusetts Adult-Use Market

    Receives approval from City of Worcester to open adult-use store in Massachusetts' second largest market, continues to scale cultivation and production capacity NEW YORK , July 26, 2019 /PRNewswire/ - ...