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Bullboard - Stock Discussion Forum 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... see more

CSE:IAN - Post Discussion

Ianthus Capital Holdings Inc > Wonferdul News to Begin the Week With
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Post by picktheright on Sep 30, 2019 9:21am

Wonferdul News to Begin the Week With

There was a lot of speculation around financing last week, which caused the free fall in the share price. However, this morning, we received a wonderful news that we have the money now. 20 million (not sure if USD or CDN) in the bank and another $80 being negogiated. Also, the warrants are issued at USD 1.89, which means CDN 2.51.

This is a catalyst which will stop the free fall in the share price and move it atleaset 25 to 30 percent on the upside.
Comment by Stockemups on Sep 30, 2019 9:29am
Sounds good to me. We're starting the 4th quarter on a good note.
Comment by wyndewest on Sep 30, 2019 1:37pm
Stockmups again your enthusiastic uninformed prediction for today is WORTHLESS.  You are wrong AGAIN.  Why don't you just give it up. The shorts are still in control.  The new financing hasn't scared the shorts off.
Comment by Stockemups on Sep 30, 2019 1:57pm
What prediction F_ck face?
Comment by ExitStageLeft on Sep 30, 2019 10:09am
You are wrong. This is a hail mary move. The coupon rate is 13%. that is junk status interest rate. Once this money runs out, they will need more untill the losses are so great that the lenders take over the company. This is the ultimate goal. Because this debt is senior, no other lender will ever lend them money again. The move to spread themselves out so thin was misguided. Remember, that ...more  
Comment by Stockemups on Sep 30, 2019 10:17am
It is an Aaron Rogers Hail Mary. Were all good Rogers always converts.
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