iAnthus Capital Holdings (CSE: IAN) (OTCQB: ITHUF) - Investor Dashboard


iAnthus Capital Holdings
CSE Symbol: IAN
OTCQB Ticker: ITHUF
Sector: Financial
Industry: Legal Cannabis
Country: Canada
Employees:  31 (7/31)
Established: 2014
CEO: Hadley Ford

Summary

Fiscal Year-End: December
Exchanges: OTCQB, CSE
Sector: Financial
Auditor BDO Canada LLP
Headquarters: New York, NY
States w/Operations: 6

Financials (06/30/18)

Cash on hand: US$27.1mm
Fixed Investment: US$20.6mm
Shareholders’ Equity: US$101.3mm
Revenues – Last Quarter: US$255K
Adj. Gross Margin : -47.6%
EPS : -US$0.61

Capital Structure (08/28/18)

Last Financing: $40mm Convertible Notes at US$3.08
Basic Shares: 51.6mm
Warrants: 21.3mm
Options: 4.7mm
Diluted Shares: 108.7mm

Major Merger in the U.S. Cannabis Sector

iAnthus Capital Holdings (CSE: IAN) (OTCQB: ITHUF) and MPX Bioceutical Corporation (CSE: MPX) (OTCQX: MPXEF)

Learn more about the Landmark Transaction


Company Brief

ianthus-capital-management-logoiAnthus provides investors with diversified exposure to best-in-class licensed cannabis cultivators, processers and dispensaries throughout the United States.

Founded by entrepreneurs with decades of experience in investment banking, corporate finance, law and healthcare services, iAnthus provides a unique combination of capital and hands-on operating and management expertise. The Company harnesses these skills to support a diversified portfolio of cannabis industry investments for our shareholders.

CEO Hadley Ford talks about the change in strategy for the company moving away from royalty only, to a full service, vertically integrated enterprise.


iAnthus at a Glance


Highlights

  • Operating in six states
  • Eight cultivation facilities, five processing facilities, and 46 dispensaries
  • Substantial pipeline of acquisitions in a fragmented market lacking consolidators
  • $50 million investment by Gotham Green Partners as of May 2018

Growth Strategy

  • Partnerships with operators with regulatory barriers to entry or market leading positions
  • Positioned in front of adult-use legalization in Massachusetts and perhaps Vermont
  • Expansion within existing markets, including Colorado, Massachusetts, New Mexico, Vermont, New York, and Florida
  • Growth through 100%-owned companies including CITIVA, Mayflower, Grassroots Vermont, and GrowHealthy
  • Growth through other investments including The Green Solution, R. Greenleaf Organics, and Organix

Differentiators

  • Vertically integrated operations in six states
  • ~50 million addressable market
  • Expert management team with years of experience building and selling companies across various industries
  • Access to capital

Institutional Analyst Coverage

VAHAN AJAMIAN
Beacon Securities Ltd.

JESSE PYTLAK
Cormark Securities 

MATT BOTTOMLEY
Canaccord

RUSSELL STANLEY
ECHELON Partners 


Curated Stories & News


Visit iAnthus Capital
at www.ianthuscapital.com.

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. iAnthus Capital Holdings, Inc., is a client of NCV Media, LLC. Read our full disclaimer.