iAnthus Signs Leases for New Dispensary Locations

iAnthus Capital Holdings (CSE:IAN; OTCQB:ITHUF) announced its subsidiary Citiva Medical, signed a lease for a “flagship” dispensary based in Brooklyn, New York.

As quoted in the press release:

The Company also announces that its 100% owned subsidiary GrowHealthy Holdings, LLC (“GrowHealthy”), which along with its affiliate, McCrory’s Sunny Hill Nursery, LLC (“McCrory’s”) comprise one of just thirteen (13) current Florida Medical Marijuana Treatment Centers (“MMTCs”) licensed to provide medical cannabis under Florida’s medical marijuana law, has signed a lease for a dispensary location in Tampa, Florida.

Citiva’s Brooklyn dispensary, located at 202 Flatbush Avenue, will be just across the street from Barclays Center, one of the borough’s most highly trafficked areas. Build-out of the 2,000 sq. ft. dispensary is expected to be completed in Q4 2018. Once open, it will be one of only two dispensaries operating in Brooklyn, New York City’s most populous borough.

Click here to read the full press release.

Source: globenewswire.com