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iAnthus Provides Update on Recapitalization Transaction

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Outside Date definition in Restructuring Support Agreement Amended iAnthus Announces Postponement of Annual General Meeting NEW YORK and TORONTO, June 16, 2021 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States provides an update on its recapitalization transaction (the “Recapitalization Transaction”). As previously disclosed, securityholder approval and Court approval were two of the primary conditions for closing the Recapitalization Transaction, both of which conditions have been satisfied.

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