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iAnthus Capital Holdings Inc. C.IAN

Alternate Symbol(s):  ITHUF

iAnthus Capital Holdings, Inc. is a vertically integrated, multi-state owner and operator of licensed cannabis cultivation, processing, and dispensary facilities. The Company is also a developer, producer, and distributor of branded cannabis and cannabidiol (CBD) products in the United States. Through its subsidiaries, the Company owns and/or operates 37 dispensaries and eight cultivation and/or processing facilities in seven United States. Its multi-state operations encompass a full range of medical and adult-use cannabis enterprises, including cultivation, processing, product development, wholesale-distribution, and retail. The Company offers various cannabis products, which includes flower and trim, products containing cannabis flower and trim, such as packaged flower and pre-rolls; cannabis infused products, such as topical creams and edibles and products containing cannabis extracts, such as vape cartridges, concentrates, live resins, wax products, oils, and tinctures.


CSE:IAN - Post by User

Post by MeAndMyTwoCentson Jun 25, 2019 7:55am
98 Views
Post# 29859345

My Bad!

My Bad!My bad, folks! My apologies for posting what appeared to be a slanderous post about the cash on hand. I skimmed the MD&A and forgot to add a few zero's to the amount quoted. My error, and not meant to be purposely slanderous. That said, even though they have the small print stating that amounts are in thousand's of dollars, they way this is written in the MD&A seems silly. If you are writing a summary bullet point, put the whole damn number in there. Save the short form for the graphs. 

 Financial Position
As at March 31, 2019 the Company held cash and cash equivalents of $42,338. The Company’s cash on hand as of May 30, 2019 is
approximately $44,000;
During the period, the Company raised gross proceeds of $35,000 through the issuance of unsecured convertible note units; and
Subsequent to the quarter, the Company raised gross proceeds of $25,000 through the issuance of unsecured convertible note
units.
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