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iAnthus Sells Select Arizona Assets to Sonoran Roots for $36.5M

iAnthus Sells Select Arizona Assets to Sonoran Roots for $36.5M

02/07/25, 1:27 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money
$36.5 million
Industry
manufacturing
agriculture and farming
Type
agreement
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 Info

Company
iAnthus Capital Holdings
Location
new york, new york, united states
Additional Info
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.

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