iAnthus

New York, United States Founded: 2014 • Age: 12 yrs
Cannabis products are cultivated and processed for medical use.
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About iAnthus

iAnthus is a company based in New York (United States) founded in 2014. It operates as a Direct-to-Consumer (D2C), and B2B2C. iAnthus has raised $175 thousand across 24 funding rounds from investors including Senvest Capital and Gotham Green Partners. The company has 834 employees as of December 31, 2024. iAnthus has completed 6 acquisitions, including CBD For Life, Cheetahbrand and Citiva. iAnthus offers products and services including Cannabis Cultivation, Cannabis Retail, and CBD Products. iAnthus operates in a competitive market with competitors including Aphria, Beleave, PharmHouse, Good Day Farm and Citation Growth, among others.

  • Headquarter New York, United States
  • Employees 834 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ianthus Capital Holdings, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $159.55 M (USD)
    6.81
    as on Dec 31, 2024
  • Net Profit
    $-7.27 M (USD)
    89.88
    as on Dec 31, 2024
  • EBITDA
    $12.84 M (USD)
    560.85
    as on Dec 31, 2024
  • Total Equity Funding
    $175 K (USD)

    in 24 rounds

  • Latest Funding Round
    $491.81 K (USD), Post-IPO

    Jan 09, 2025

  • Investors
  • Employee Count
    834

    as on Dec 31, 2024

  • Investments & Acquisitions
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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.

Exchange: CSE · Ticker: IAN . Sector: Process industries · Canada

Products & Services of iAnthus

iAnthus offers a comprehensive portfolio of products and services, including Cannabis Cultivation, Cannabis Retail, and CBD Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cannabis is cultivated in controlled indoor facilities.

Cannabis products are sold through branded dispensaries.

CBD products are distributed to retail locations nationwide.

People of iAnthus
Headcount 500-1000
Employee Profiles 2
Board Members and Advisors 6
Employee Profiles
People
Robert Galvin
Interim CEO, Interim COO
People
Andrew Ryan
General Counsel

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Board Members and Advisors
people
Robert Petch
Director

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Teams

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
  • Total Rounds 24
  • Last Round Post-IPO — $491,810
  • First Round

    (31 Dec 2014)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Post-IPO - iAnthus Valuation

investors

Jun, 2022 Amount Post-IPO - iAnthus Valuation

investors

Sep, 2020 Amount Post-IPO - iAnthus Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location
Private equity investments are focused on global cannabis enterprises.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Skin and hair care services are provided to customers.
2015
Retailer of medical cannabis products
2015
Developer of medical cannabis
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - iAnthus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ianthus Comparisons

Employees
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Competitors of iAnthus

iAnthus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aphria, Beleave, PharmHouse, Good Day Farm and Citation Growth, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cannabis-derived nutritional and wellness products are provided by Aphria.
domain founded_year HQ Location
Specializes in producing marijuana products for medical purposes.
domain founded_year HQ Location
Develops innovative technologies for greenhouse cannabis cultivation facilities.
domain founded_year HQ Location
Producer and distributor of medical marijuana products
domain founded_year HQ Location
Cannabis cultivator and produce company
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ianthus

Frequently Asked Questions about iAnthus

When was iAnthus founded?

iAnthus was founded in 2014.

Where is iAnthus located?

iAnthus is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of iAnthus?

Richard Proud is the current CEO of iAnthus.

Is iAnthus a funded company?

iAnthus is a funded company, having raised a total of $175K across 24 funding rounds to date.

How many employees does iAnthus have?

As of Dec 31, 2024, the latest employee count at iAnthus is 834.

What is the annual revenue of iAnthus?

Annual revenue of iAnthus is $159.55M as on Dec 31, 2024.

What does iAnthus do?

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.

Who are the top competitors of iAnthus?

iAnthus's top competitors include Aphria, Good Day Farm and Citation Growth.

What products or services does iAnthus offer?

iAnthus offers Cannabis Cultivation, Cannabis Retail, and CBD Products.

Is iAnthus publicly traded?

Yes, iAnthus is publicly traded on CSE under the ticker symbol IAN.

How many acquisitions has iAnthus made?

iAnthus has made 6 acquisitions, including CBD For Life, Cheetahbrand, and Citiva.

Who are iAnthus's investors?

iAnthus has 2 investors. Key investors include Senvest Capital, and Gotham Green Partners.

What is iAnthus's ticker symbol?

The ticker symbol of iAnthus is IAN on CSE.

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