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Share this article Share this article NEW YORK and TORONTO, Feb. 2, 2021 /PRNewswire/ - iAnthus Capital Holdings, Inc. ( iAnthus or the Company ) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, announces that it has closed an $11 million bridge financing (the Financing ) funded by certain lenders (collectively, the Lenders ) affiliated with the counterparties to the previously announced restructuring support agreement dated July 10, 2020, being the holders of all of the 13% senior secured convertible debentures issued by iAnthus Capital Management, LLC ( ICM ) and the holders of 91% of the principal amount of 8% convertible unsecured debentures issued by the Company. ....
Judge rules in favor of N.J. dispensary in battle with big weed company Updated Dec 23, 2020; . A New Jersey medical marijuana company gained back some control of its operations Wednesday when a court ruled that the cannabis giant who invested in it and then allegedly tried to take control must take some steps back. MPX NJ, which received a license in 2018 to grow marijuana in Pleasantville and dispense it in Atlantic City, filed a suit in the Superior Court of Monmouth County last week against iAnthus. The license holder claimed iAnthus has hijacked its operations after investing $10 million, attempting to negotiate deals with state and local officials and undertake unauthorized construction at the growing facility. ....