iAnthus Capital Holdings Inc.(CSE: IAN,OTCQB: ITHUF, Forum) stated Tuesday that it has received a $50 million (USD) investment from
Gotham Green Partners. The Company believes this is, to date, the largest single investor in a publicly-traded U.S. cannabis operation. This financing will go toward repaying debts and continued cultivation and dispensary build-outs in New York and Florida markets.
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iAnthus recently released its Q4 and fiscal year 2017 financial results, detailing a
615% increase in revenue in 2017 from 2016.
FULL DISCLOSURE: iAnthus Capital Holdings Inc. is a paid client of Stockhouse Publishing.