iAnthus Capital Holdings, Inc.
IAN.CN
Canadian Securities Exchange0.01
CAD
-NaN
- -
iAnthus Capital Holdings, Inc.
IAN.CN
(Canadian Securities Exchange)
Recent
price
0.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- iAnthus Capital Holdings, Inc. iAnthus Capital Holdings, Inc. (CSE: IAN) is a vertically integrated, multi-state owner, operator, and partner in licensed cannabis cultivation, processing, and dispensary facilities across the United States. The company develops, produces, and distributes branded cannabis and cannabidiol (CBD) products, including cannabis flower and trims such as packaged flowers and pre-rolls; cannabis-infused products like topical creams and edibles; vape cartridges, concentrates, live resins, wax products, oils, and tinctures; as well as CBD lines distributed to over 2,300 retail locations nationally. Through subsidiaries, iAnthus owns and/or operates approximately 37 dispensaries and eight cultivation/processing facilities, with key brands including GrowHealthy, MPX, and Health for Life, primarily serving medical and adult-use markets in high-growth regions. iAnthus operates in eleven states, including New York, New Jersey, Massachusetts, Florida, Maryland, Arizona, Nevada, Colorado, and Vermont, with a strategic emphasis on the Eastern Region (Florida, Maryland, Massachusetts, New York, New Jersey, Vermont, and CBD business) that generates the majority of revenue, alongside the Western Region (Arizona, Colorado, Nevada). The company focuses on major expansion activities, such as developing the largest indoor cultivation facility and expanding lab space in Florida; opening new dispensaries like GrowHealthy locations in Fort Myers, Palm Harbor, and Jacksonville; and scaling retail operations in cities including Boston, Brooklyn, and Miami. Founded in 2014 and headquartered in Toronto, Canada, iAnthus was formerly known as iAnthus Capital Management LLC before changing its name in August 2016; it employs approximately 834 people and was the first multi-state U.S. cannabis operator to go public and raise capital in Canada. In recent developments, iAnthus completed a $36.5 million sale of select Arizona assets—three dispensaries and two processing/cultivation facilities—to Sonoran Roots in early 2025, optimizing its portfolio, reducing debt, strengthening its balance sheet, and redirecting resources to core growth markets like Florida, Maryland, New Jersey, Massachusetts, and New York while retaining one Arizona dispensary. The company appointed Justin Vu as Chief Financial Officer in January 2025 and acquired the fast-growing Cheetah lifestyle vape brand to advance brand innovation and enable multi-state expansion of its premium products. iAnthus continues Florida expansion with new GrowHealthy dispensaries and reported Q3 2025 revenue of $35.4 million, reflecting ongoing operational scaling amid a "smart growth, strong margins" strategy.