iAnthus Capital Holdings (
CSE: IAN,
OTCQB: ITHUF,
Forum) announced today that its wholly-owned subsidiary, iAnthus Capital Management, LLC has closed on a deal to acquire specific assets of Organix LLC, the owner/operator of a Colorado medical and adult use marijuana operation, which also has a cultivation facility in Denver. It is a fully-integrated medical and adult use dispensary located in the ski town of Breckenridge.
The assets acquired include all real estate holdings of Organix’s affiliate, DB Land Holdings Inc, which consists of a 12,000 square foot cultivation facility as well as all of the intellectual property of Organix. This includes its brands. These brands do not include any cannabis inventory and/or licenses to manufacture or sell cannabis. Further information can be found
here.
iAnthus was in the news back in October when it closed on a
$20 million private placement.
The Company has 27.2 million shares outstanding.
FULL DISCLOSURE: iAnthus Capital Holdings is a paid client of Stockhouse Publishing.