iAnthus Repays Full VCP Bridge Loan

Published: May 17, 2018

iAnthus Repays Full VCP Bridge Loan

iAnthus Capital Holdings Inc. which owns, operates, and partners with licensed cannabis operations throughout the U.S. has repaid in full the principal amount and accrued interest totaling over US$20.9 million outstanding pursuant to a debenture purchase agreement made as of the 17th day of January, 2018 between the Company and VCP Bridge, LLC.

 

Following the repayment of the above noted debenture, iAnthus has a current cash balance of approximately US$32 million as it continues to build out its existing assets and pursue opportunistic acquisitions across the U.S.

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