iANTHUS Capital Holdings, Inc. ITHUF

What this company does

It is a vertically integrated, multi-state owner and operator of licensed cannabis cultivation, processing and dispensary facilities, and a developer, producer and distributor of branded cannabis products in the United States. Through its subsidiaries, it owned and/or operated, as of December 31, 2025, 40 dispensaries and four cultivation and/or processing facilities in seven U.S. states. As of March 20, 2026, it had 690 full-time and 102 part-time employees. Its multi-state operations encompass the full spectrum of medical and adult-use cannabis enterprises, including cultivation, processing, product development, wholesale distribution and retail. In aggregate, it has approximately 173,000 square feet of cultivation and processing space that is fully built out and approximately 32,000 square feet of additional facility space under construction. It develops and sells cannabis products for medical and adult-use markets. As of the end of 2025, it distributed its cannabis products through its wholesale channel to over 600 dispensaries, including its own dispensaries and other third-party dispensaries in Maryland, Massachusetts, Illinois, Pennsylvania and New Jersey. It is a company incorporated under the laws of British Columbia, Canada, that was originally incorporated on November 15, 2013 under the name Genarca Holdings Ltd. and changed its name to iAnthus Capital Holdings, Inc. on August 4, 2016.

Written from the business description in iAnthus Capital Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 March 2026. Every sentence was checked against that document before publication.