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Yet another case study for why I advise against investing in most cannabis PubCos.


Yet another case study for why I advise against investing in most cannabis PubCos. Let's take a walk down the memory lane of press releases:


8/31/16 - #Cannabis cultivation backer iAnthus completes reverse merger


12/5/16 - iAnthus Closes Its First Cannabis-Related Asset Acquisition in Colorado


11/28/17 - iAnthus Capital Updates Cannabis Operations Across 6 States


3/8/18 - iAnthus Capital: A Burgeoning Empire on the US East Coast


5/14/18 - Gotham Green Partners Invests US$50 Million in iAnthus to Accelerate Growth Initiatives


10/19/18 - Cannabis group iAnthus unveils $835m takeover of MPX Bioceutical


10/24/18 - iAnthus Became A Top U.S. Cannabis Play After MPX Deal


11/28/18 - The iAnthus Q3 financial results point to a bright future for the company.


1/22/19 - Analyst Predicts 'Buckle Your Seatbelt' Revenue Growth for iAnthus


7/21/19 - iAnthus Capital: Trades At 11x Sales And May Get Even Better Soon


8/16/19 - iAnthus Stock: Why This Is a One-Time Opportunity for Massive Gains


8/23/19 - Here’s Why iAnthus Capital Holdings Can Afford Some Debt


4/6/20 - iAnthus (IAN.C) defaults on debenture payments – but is that a weakness or a tactic?


6/23/20 - Marijuana firm iAnthus receives demand for debt repayment


....Aaaand its gone. "Shareholders to be effectively wiped out."


Read more here:


https://thedeepdive.ca/ianthus-capital-shareholders-to-be-effectively-wiped-out-in-recapitalization-transaction/


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