Cannabis multistate operator iAnthus said it has closed on $11 million of financing to complete a build-out and improvements of a cultivation and processing facility in New Jersey. The facility is the subject of litigation between MPX New Jersey and iA…
iAnthus
MPX, iAnthus tangle in NJ court as adult-use marijuana launch draws near
A judge issued a preliminary ruling in favor of a New Jersey medical marijuana company in its legal tangle with New York-based multistate operator iAnthus. MPX NJ, which received one of only 12 vertical MMJ licenses in the state, sued iAnthus last week…
Female Cannabis Leaders: Why Are There So Few?
Female Cannabis Leaders: Why Are There So Few?
As companies rush to cash in on the rising acceptance and use of marijuana, few companies are doing it in a way to ensure diversity among leadership.
The post Female Cannabis Leaders: Why Are There So Few?…
Impending adult-use marijuana program will test ‘made in Vermont’ ethos
Vermont’s new recreational cannabis program is projected to generate roughly $250 million in annual sales by the middle of the decade, but homegrown companies might find themselves pitted against larger out-of-state businesses. Three medical cann…
Marijuana firm iAnthus gets Canadian court approval for restructuring plan
A British Columbia court has approved a revised restructuring plan for iAnthus Capital Holdings, a week after declining to sign off on a previous plan. In reasons for judgment issued Monday, Supreme Court of British Columbia Justice Geoffrey Gomery sai…
Canadian court rejects cannabis firm iAnthus’ restructuring plan for now
Troubled multistate marijuana operator iAnthus Capital Holdings said a deadline to reach a restructuring and recapitalization deal has been extended after a Canadian court declined to approve a plan of arrangement for the reorganization. At issue is a …