iAnthus Farms
About iAnthus Farms
iAnthus Farms is the cultivation arm of multi-state operator iAnthus Capital, growing cannabis across eastern US markets after undergoing a significant corporate restructuring.
Key Facts
- 1Underwent major financial restructuring in 2020-2021 following a debt default
- 2Operates cultivation in multiple states including Massachusetts, New York, and Florida
Latest News
iAnthus Capital Plunges 11.8% as Financial Distress Deepens
iAnthus Capital Holdings dropped 11.8% to effectively zero, highlighting ongoing restructuring challenges facing the troubled MSO.
iAnthus Capital Shares Plummet 11.8% Amid Ongoing Financial Distress
iAnthus Capital Holdings (ITHUF) dropped 11.8% to effectively zero as the multi-state operator continues struggling with debt restructuring.
iAnthus Capital Holdings Plunges 11.8% as Financial Distress Deepens
ITHUF shares dropped to effectively zero as the troubled MSO continues facing severe financial challenges amid ongoing restructuring efforts.
iAnthus Capital Holdings Plunges 11.8% to Near-Zero Valuation
ITHUF shares dropped to effectively $0.00 amid continued financial distress, with heavy trading volume of 185,791 shares signaling investor concern.
iAnthus Capital Holdings Crashes 11.8% as Stock Nears Zero
iAnthus Capital Holdings plummeted 11.8% to effectively $0.00 on heavy volume of 185,791 shares as the embattled MSO continues its downward spiral.
Frequently Asked Questions
What happened to iAnthus financially?
iAnthus defaulted on debt obligations in 2020 and underwent a corporate restructuring, emerging with new management and a refocused operational strategy.
Where does iAnthus cultivate?
iAnthus operates cultivation in several eastern states including Massachusetts, New York, New Jersey, and Florida.
More Cannabis Companies in New York
Cannabis Laws
Products
- Mayflower Flower
- iAnthus Concentrates
- iAnthus Pre-Rolls
Specialties
Company Details
- Location
- New York, NY, United States
- Founded
- 2014
- Publicly Traded
- Yes
- Ticker
- OTC:ITHUF