Hi-Med is seeking damages and other remedies against iAnthus for, among other things, alleged breaches of the Unsecured Debenture and the related Debenture Purchase Agreement. iAnthus disputes the allegations of the complaint and will vigorously defend its interests in court.
About iAnthus
iAnthus owns and operates licensed cannabis cultivation, processing and dispensary facilities throughout
iAnthus currently has a presence in 11 states, and operates 35 dispensaries (AZ-4, MA-1, MD-3, FL-16, NY-3, CO-1, VT-1 and NM-6 where iAnthus has minority ownership).
Forward Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in iAnthus' periodic filings with Canadian securities regulators. When used in this news release, words such as 'will, could, plan, estimate, expect, intend, may, potential, believe, should, our vision' and similar expressions, are forward-looking statements.
Forward-looking statements may include, without limitation, statements relating to the expected outcome of the complaint and the Company's future financial performance, business development, regulatory developments and results of operations. Readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. iAnthus disclaims any intention or obligation to update or revise such information, except as required by applicable law, and iAnthus does not assume any liability for disclosure relating to any other company mentioned herein.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in
Contact:
Tel: 646-518-9411
Email: investors@ianthuscapital.com
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