Adam JacksonMay 31, 2023
The company is expanding in Texas despite legislative resistance to augment the state's medical program.
Q1 earnings Archives - Green Market Report
Adam JacksonMay 31, 2023Adam JacksonMay 30, 2023
The company has forecasted $80 million in revenue for 2023.
Adam JacksonMay 30, 2023
The board approved a one-time grant of performance shares to certain members of the management team.
Adam JacksonMay 24, 2023
The firm's first quarter ended with a net loss of $28 million.
Adam JacksonMay 16, 2023
iAnthus is grappling with several legal battles that pose risks to its operational future.
Adam JacksonMay 16, 2023
Cost cuts include a 46.6% drop in labor-related expenses and a 34.5% reduction in general and administrative expenses.
Adam JacksonMay 15, 2023
Restructuring initiatives included cutting its workforce in Israel by 21% across all functions.
Adam JacksonMay 15, 2023
No updates were provided on the timing for sale close.
Adam JacksonMay 12, 2023
There was a 57.7% improvement in the adjusted EBITDA loss over the year.
Adam JacksonMay 11, 2023
The company's net loss ticked down after March labor cuts.
Get the latest cannabis news delivered right to your inbox
Unpack the industry with the daily cannabis newsletter for business leaders.