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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 IanJHenon Mar 31, 2020 3:58pm
3566 Views
Post# 30865693

CEO Hadley Fords conflicts of interest

CEO Hadley Fords conflicts of interest

Hadley Ford has agreed all the terms of $95MM of iAnthus' Gotham Greens loans notes. However he didn't disclose that he personally owes money to Jason Adler who heads up Gotham Green. He hasn't even disclosed the last personal loan from Jason Adler to Hadley Ford for $100k that isn't even formalised. An informal loan is often considered a bribe. 

Hadley Ford nominated Randy Maslow be a director of Ianthus with a salary of $400k a year, but he didn't disclose that he owed money to Randy. 

Hadley Ford engaged with a broker David Rozinov to raise funding, however Ford didn't disclose that he personally owes David $300,000. 

Hadley Ford has even borrowed $500,000 from Ianthus at a very friendly 2.5%. Ianthus are borrowing money at 38%. What kind of business is that. Who agreed that? 

Hadley Ford has arranged for iAnthus to pay $150,000 a year to his sister who doesn't really work for the company. 

What kind of CEO is Hadley Ford??
 



 


 

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