About iAnthus
iAnthus is a publicly listed company based in New York (United States) founded in 2014. Cannabis products are cultivated and processed for medical use. It operates on a Direct-to-Consumer (D2C) and B2B2C model. iAnthus has raised $175 thousand across 24 funding rounds from investors including Senvest Capital and Gotham Green Partners. The company has 834 employees. iAnthus has completed 6 acquisitions, including CBD For Life, Cheetahbrand and Citiva. Its chief executive, as recorded, is Richard Proud. iAnthus offers products and services including Cannabis Cultivation, Cannabis Retail, and CBD Products. Its focus areas include Pharmaceuticals and Cannabis Industry. Its legal entity is iAnthus Capital Holdings, Inc. Its competitors include Good Day Farm and Penn Health Group; 2 of its 2 listed competitors have raised funding.
Company details
iAnthus Capital Holdings, Inc. is involved in the cannabis industry across the United States. Operations are focused on vertically integrated activities, including cultivation, processing, and retailing of cannabis products. A presence is established in eleven states such as New York, New Jersey, Massachusetts, and Florida. Expansion is pursued through building large indoor cultivation facilities and opening dispensaries in major cities like Boston and Miami. Additionally, CBD products are distributed to over 2,300 retail locations nationwide. The company is positioned for growth in high-demand markets within the evolving U.S. cannabis sector.
- Headquarters New York, United States
- Employees 834
- Stage Public
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website ianthus.com
- Social LinkedIn X Facebook
- Legal Name Ianthus Capital Holdings, Inc.
- Annual Revenue$146.94 M (USD)-12.36as on Dec 31, 2025
- Net Profit-$41.03 M (USD)-437as on Dec 31, 2025
- EBITDA$5.05 M (USD)-62.56as on Dec 31, 2025
- Total Equity Funding$175K (USD)
in 24 rounds
- Latest Funding Round$491.81K (USD), Post-IPO
Jan 2025
- InvestorsSenvest Capital
& 1 more
- Employee Count834
- Investments & AcquisitionsCBD For Life
& 5 more
Products & Services of iAnthus
iAnthus offers a comprehensive portfolio of products and services, including Cannabis Cultivation, Cannabis Retail, and CBD Products.
Cannabis is cultivated in controlled indoor facilities.
Cannabis products are sold through branded dispensaries.
CBD products are distributed to retail locations nationwide.
Funding Insights of iAnthus
iAnthus has successfully raised a total of $175K across 24 strategic funding rounds. The most recent funding activity was a Post-IPO round of $491.81 thousand completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $175,000
- Total Rounds 24
- Last Round Post-IPO — $491,810
- First Round $175,000
(Dec 2014)
- Investors Count 2
Latest 10 of 24 funding rounds of iAnthus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $491,810 | Post-IPO | – | – | – |
| Jun 2022 | Post-IPO | – | – | ||
| Sep 2020 | Post-IPO | – | – | – | |
| Mar 2020 | $36.15M | Post-IPO | – | – | |
| Sep 2019 | $20M | Post-IPO | – | – | |
| Mar 2019 | $35M | Post-IPO | – | – | – |
| Jan 2019 | $482,576 | Post-IPO | – | – | – |
| Nov 2018 | $160,000 | Post-IPO | – | – | – |
| Nov 2018 | $475,000 | Post-IPO | – | – | – |
| Oct 2018 | $120,000 | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in iAnthus
iAnthus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Senvest Capital and Gotham Green Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | 1999 | senvest.com | New York, United States | |
Private equity investments are focused on global cannabis enterprises. | gothamgreenpartners.com | New York, United States |
Investor details for iAnthus
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People of iAnthus
9 people are tracked at iAnthus (2 in leadership, 6 in board & advisors, 1 in team); the tracked headcount is 834.
| Name | Role | Group |
|---|---|---|
Richard Proud | CEO | Leadership |
Robert Galvin | Interim CEO, Interim COO | Leadership |
Robert Petch | Director | Board & advisors |
Mich Mathews-Spradlin | Director | Board & advisors |
Scott Cohen | Director | Board & advisors |
Alexander Shoghi | Director | Board & advisors |
John Paterson | Director | Board & advisors |
Kenneth W. Gilbert | Director | Board & advisors |
Andrew Ryan | General Counsel | Team |
Complete people profiles for iAnthus
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IPO & Listings of iAnthus
iAnthus is a publicly listed company on the CSE with ticker symbol IAN in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 Sep 2016
- Listed onCSE: IAN
- Listed entityiAnthus Capital Holdings, Inc.
- Exchange sectorProcess industries
- ISINCA45074T1021
- Share price0.01 CAD · 2026-10-09
- Market capitalisation34,874,054.00 CAD
- Price to earnings20.0
- EPS (diluted, trailing year)-0.01 CAD
- Volume (last session)84,634
Financials of iAnthus
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 201.2M CAD | -56.2M CAD | 6.9M CAD |
| 2024 | 229.6M CAD | -10.5M CAD | 18.5M CAD |
| 2023 | 214.9M CAD | -103.4M CAD | -4.0M CAD |
| 2022 | 212.5M CAD | -585.0M CAD | -66.6M CAD |
| 2021 | 254.5M CAD | -97.2M CAD | 18.5M CAD |
Detailed financial statements for iAnthus
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Investments & Acquisitions by iAnthus
iAnthus has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include CBD For Life, Cheetahbrand and Citiva.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cannabis-derived vapes and edibles are manufactured by Cheetahbrand. | cheetahbrand.co | 0 | Dec 2024 | •••• | ||
Retailer of diversified cannabis products | sierrawell.com | Reno, United States | 2014 | Sep 2019 | $27.6M | |
Skin and hair care services are provided to customers. | cbdforlife.us | Claremont, United States | 2015 | Mar 2019 | $10.4M | |
Cannabis products are cultivated, processed, and wholesaled for medical purposes. | mpxbioceutical.com | Toronto, Canada | 1974 | Oct 2018 | $643.3M | |
Retailer of medical cannabis products | citiva.com | New York, United States | 2015 | Feb 2018 | $18M | |
Developer of medical cannabis | growhealthy.com | Lake Wales, United States | 2014 | Jan 2018 | $17.5M |
Complete acquisition details for iAnthus
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Timeline of iAnthus
10 dated milestones of iAnthus across 11 years, from founding to its latest funding, stage changes and deals.
- Founded iAnthus is founded.
- Funding First funding round of $175K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires GrowHealthy.
- Acquisition Acquires Citiva.
- Acquisition Acquires MPX Bioceutical.
- Acquisition Acquires CBD For Life.
- Acquisition Acquires Sierra Well.
- Acquisition Acquires Cheetahbrand.
- Funding Latest funding round, Post-IPO, of $492K.
Competitors of iAnthus
iAnthus has 2 listed competitors in our database, 2 of them funded. They include Good Day Farm and Penn Health Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gooddayfarm.com | 2020 | Little Rock, United States | $56.51M | Producer and distributor of medical marijuana products | ||
| pennhealthgrouppa.com | 2018 | United States | $2.7M | Cannabis products are cultivated and produced in the United States. |
Detailed competitors of iAnthus
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Web traffic of iAnthus
The website of iAnthus (ianthus.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▲ 10.4% vs previous month
Top companies in Cannabis Health Tech Ecosystem
3 companies that operate in the same segment as iAnthus (Cannabis Health Tech Ecosystem) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online marketplace platform for cannabis traders | 2015 | New York, New York, United States | USD 195.4 M | |||
Loyalty and marketing solutions for cannabis dispensaries are provided. | 2012 | West Palm Beach, Florida, United States | USD 25.79 M | USD 22.83 M | ||
An online marketplace for cannabis products is operated. | 2017 | Bend, Oregon, United States | USD 603 M | 469 |
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Related news about Ianthus
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Frequently Asked Questions about iAnthus
iAnthus was founded in 2014.
iAnthus is headquartered in New York, United States. It is registered at New York, New York, United States.
Richard Proud is the CEO of iAnthus, as recorded in our data.
iAnthus is a funded company, having raised a total of $175K across 24 funding rounds to date. The company's 1st funding round was a Post-IPO of $120K, raised on Dec 2014.
iAnthus has 834 employees.
Annual revenue of iAnthus is $146.94M as on Dec 31, 2025.
iAnthus Capital Holdings, Inc. is involved in the cannabis industry across the United States. Operations are focused on vertically integrated activities, including cultivation, processing, and retailing of cannabis products. A presence is established in eleven states such as New York, New Jersey, Massachusetts, and Florida. Expansion is pursued through building large indoor cultivation facilities and opening dispensaries in major cities like Boston and Miami. Additionally, CBD products are distributed to over 2,300 retail locations nationwide. The company is positioned for growth in high-demand markets within the evolving U.S. cannabis sector.
iAnthus's top competitors include Good Day Farm and Penn Health Group.
iAnthus offers Cannabis Cultivation, Cannabis Retail, and CBD Products.
Yes, iAnthus is publicly traded on CSE under the ticker symbol IAN.
iAnthus has made 6 acquisitions, including CBD For Life, Cheetahbrand, and Citiva.
iAnthus has 2 investors. Key investors include Senvest Capital, and Gotham Green Partners.