iAnthus

iAnthus

IAnthus provides a complete solution for financing and managing licensed cannabis cultivators, processors, and dispensaries across the United States.

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DateInvestorsAmountRound
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$14.0m

Post IPO Debt
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues0000000000000000000000000000
% growth(98 %)2322 %93 %34 %(20 %)(2 %)5 %
EBITDA0000000000000000000000000000
% EBITDA margin(1020 %)(65 %)(15 %)8 %(15 %)-11 %
Profit0000000000000000000000000000
% profit margin(1822 %)(384 %)(204 %)(38 %)(275 %)(48 %)(5 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about iAnthus
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iAnthus is a pioneering player in the rapidly growing U.S. cannabis market. The company operates as a multi-state operator, meaning it manages a network of cannabis businesses across several states. iAnthus was the first company of its kind to go public and raise funds in Canada, a move that was initially seen as challenging but has since been replicated by others in the industry.

The company's business model is vertically integrated, which means it controls all stages of its product's lifecycle, from cultivation to processing to retailing. This approach allows iAnthus to maintain quality control, streamline operations, and maximize profit margins.

iAnthus operates in high-growth markets and has established a presence in eleven states, including New York, New Jersey, Massachusetts, Florida, Maryland, Arizona, and Nevada. The company is also planning significant expansion across the country, indicating a strong growth trajectory.

Its clients are consumers in the U.S. cannabis market, which is currently one of the most dynamic emerging categories in the world's largest consumer market. The company's ability to move swiftly and adapt to this rapidly evolving environment has established it as a leader in the industry.

In terms of revenue, iAnthus makes money by selling cannabis products through its retail outlets. The company is also engaged in major expansion activities, which suggests it is investing in its growth and looking to increase its market share.

Keywords: Cannabis, U.S. Market, Multi-State Operator, Public Company, Canada, Vertical Integration, High-Growth Markets, Expansion, Retailing, Cultivation.

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Investments by iAnthus

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The Green Solution
ACQUISITION by Cannabist Sep 2020
MPX New Jersey
ACQUISITION by iAnthus Feb 2022