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iAnthus Capital Holdings Inc (OTCMKTS: ITHUF) is making an explosive move up the charts as pot stocks heat up across the board and light the OTC on fire! This is the time of year when pot stocks get hot and this election cycle looks to be no different with iAnthus rising quickly off its lows this week.
ITHUF is coming off its all-time lows and is trading a far cry from its highs of $7.27 USD in 2018, a run that Miroapdaily reported on. Currently running northbound in a hurry ITHUF has got the attention of investors as we head into another pot stock boom!
iAnthus Capital Holdings Inc (OTCMKTS: ITHUF) is one of the largest Multi-State Operators in the United States, providing investors with diversified exposure to the regulated cannabis industry. The Company develops, owns, and operates, what it believes to be, the best-in-class licensed cannabis cultivation, processing, and dispensary facilities, and the Company offers innovative branded cannabis and cannabidiol (“CBD”) products in the United States.
Through its subsidiaries, the Company currently owns and/or operates 27 dispensaries and 13 cultivation/processing facilities throughout the United States and distributes cannabis and CBD products to over 200 dispensaries and 1,500 retail stores, respectively. Under the Company’s existing licenses, interests, and contractual arrangements, the Company has the capacity to own and/or operate up to 68 dispensaries and up to 15 cultivation/processing facilities, and manufacture and/or distribute its cannabis products in 11 states with an aggregate population of approximately 121 million.
Incorporated in British Columbia, Canada in 2014, the Company became the first licensed multi-state cannabis operator in the United States to publicly trade on the Canadian Securities Exchange (the “CSE”) in 2016. iAnthus’ multi-state operations encompass the full spectrum of medical and adult-use cannabis enterprises, including cultivation, processing,