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iAnthus Sells Select Arizona Assets to Sonoran Roots for $36.5M
Feb 07, 2025•over 1 year ago
Contract Type
agreement
New YorkManufacturingAgriculture and FarmingCannabis
Description
iAnthus Capital Holdings, Inc. has announced that it entered into definitive agreements with Sonoran Roots to sell three dispensaries and two processing/cultivation facilities in Arizona for approximately $36.5 million. This strategic transaction allows iAnthus to optimize its portfolio, strengthen its balance sheet, and refocus on key markets with the greatest growth potential.
Company Information
Company
iAnthus Capital Holdings
Location
New York, New York, United States
About
iAnthus Capital Holdings, Inc. owns, operates and partners with regulated cannabis operations across the United States. The company focuses on licensed cannabis cultivation, processing, and dispensary facilities.
New YorkManufacturingAgriculture and FarmingCannabis