iAnthus Recapitalization Plan Could Leave Shareholders With Nothing

Ganjapreneur
By TG BranfaltJul 16, 2020, 11:57 am251 pts
Multi-state cannabis industry company iAnthus Capital Holdings, Inc. announced on Monday a recapitalization transaction that will leave current shareholders with 2.75 percent of the company or zero percent. In one scenario of the transaction, the company will enter “arrangement proceedings” under British…

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