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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

Comment by GhostmyDckon Jun 05, 2020 8:31am
267 Views
Post# 31115336

RE:RE:So the story of the bulls vs bears continues

RE:RE:So the story of the bulls vs bears continuesGGP can't just pick and choose to sell off what they wish. That's not how this works. They can a) settle on assets to hand over (like pharmacann and medmen did) b) Ianthus can choose to sell certain assets and pay back the cash c) Ianthus can issue more shares to resolve the debt d) Ianthus can find outside funds (from sale leaseback, or potential other equity or debt raise) and pay back GGP e) Ianthus does nothing and files for bankruptcy, which point a trustee would take over to gather up all the assets and do an orderly distribution (sale) of all the assets. Get everything into cash. Pay off any creditors and the rest would be paid out to equity holders. However, I am of the opinion that for all stakeholders involved, the best way to maximize value is for Ianthus to remain a going concern. Which would mean some kind of agreement is made between Ianthus and the debtors to resolve the default. The most simple option would be for all interest payments to be paid in kind (shares instead of cash). Everything else would remain the same and the lawsuits would still need to be resolved/settled, but Ian out of default would open it up to more possibilities of raising cash.
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