Thursday, August 21, 2025

iAnthus Approved To Enter Adult Use Massachusetts Market

iAnthus Capital Holdings (CSE: IAN) will be proceeding with adult-use operations in the state of Massachusetts. The company announced this morning that it has secured approval from the Massachusetts Cannabis Control Commission for cultivation and processing of adult-use cannabis products at its Holliston facility.

The approval follows an inspection conducted by the commission back in December 2019. Following the approval, iAnthus’ Massachusetts operation is approved to begin its adult-use cultivation and processing activities on January 27, 2020 at its 36,000 square foot facility. The facility currently supplies the medical cannabis market within the state through the sale of Mayflower branded flower, prerolls and concentrates to that of iAnthus’ medical dispensary in Boston, as well as through wholesale sales to thirty other dispensaries in the state.

With the advent of receiving the license, the firm will now be able to cultivate cannabis and process it into products that include edibles, concentrates, dried flower, and other cannabis products for the adult-use market. iAnthus will then sell the product to its own adult-use dispensary in the state, which is anticipated to open in Worcester, as well as to the other 35 adult-use dispensaries within the state on a wholesale basis.

iAnthus Capital Holdings last traded at $2.06 on the CSE.


Information for this briefing was found via Sedar and iAnthus Capital. The author has no securities or affiliations related to these organizations. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Shareholders Of iAnthus Capital Appeal Recapitalization Transaction

Sometimes, people just don’t give up. That’s especially true, evidently, if you’re an iAnthus Capital...

Thursday, November 5, 2020, 08:36:59 AM

Gotham Green Partners To Enforce Security Over iAnthus Capital’s Assets

It appears that the issuance of a cease trade order last night is the least...

Tuesday, June 23, 2020, 09:01:12 AM

iAnthus Capital Holdings Generates US$19.2 Million in Second Quarter Revenues

iAnthus Capital Holdings (CSE: IAN) filed its second quarter 2019 financials late this evening, posting...

Monday, August 26, 2019, 11:36:28 PM

iAnthus Files Lawsuit Against Lender Oasis Investments

iAnthus Capital Holdings (CSE: IAN) has filed a lawsuit in the Ontario Superior Court of...

Thursday, February 27, 2020, 09:13:40 AM

iAnthus Sees Courts Decline Recapitalization Transaction

iAnthus Capital Holdings (CSE: IAN) has seen the courts deny the proposed plan of arrangement...

Monday, September 28, 2020, 10:07:08 PM