iAnthus Planting Dispensaries in Brooklyn and Tampa
iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCQB:ITHUF), owns, operates, and partners with licensed cannabis operations throughout the United States. The company’s subsidiary Citiva Medical, LLC, which was acquired in early February holds one of only ten medical marijuana licenses issued by New York State.
The company recently announced the signing of two new leases, one in Brooklyn, New York, and one in Tampa, Florida, both in high traffic areas.
iAnthus’ Brooklyn Lease
iAnthus today announced the signing of a lease on a space in Brooklyn, New York that will be home to its flagship dispensary – one of only two dispensaries operating in New York City’s most populous borough. The company will also be operating the only dispensary in Staten Island.
The property is located just across the street from Barclays Center at 202 Flatbush Avenue. It’s one of the borough’s most highly trafficked areas. Construction of the 2,000 square foot dispensary is expected to be completed in the fourth quarter of 2018.
iAnthus Tampa Lease
In addition to the Brooklyn space, a Tampa, Florida lease was announced. iAnthus subsidiary GrowHealthy Holdings, LLC, along with its affiliate, McCrory’s Sunny Hill Nursery, LLC operate one of Florida’s 13 licensed Medical Marijuana Treatment Centers licensed to provide medical cannabis under Florida’s medical marijuana law. iAnthus purchased Florida-based GrowHealthy for $48 million in late January.
The company plans to open another dispensary in the downtown Tampa location. It will be the Company’s second location in Florida. The company runs another dispensary in Palm Beach County.
The Tampa dispensary will be located in a 2,100 square foot free-standing building at the intersection of a heavily trafficked highway and state road in a densely populated area of Tampa. The location is expected to open in the third quarter of 2018.
iAnthus Operates In Six States
iAnthus Capital Holdings, Inc.