iAnthus Sells Select Arizona Assets to Sonoran Roots for $36.5M
02/07/25, 1:27 PM
Location
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.