Tag: iAnthus

The Daily Hit: December 5, 2024

The Daily Hit is a recap of the top financial news stories for Thursday, December 5, 2024. On the Site Marijuana companies face skeptical appeals court in commerce challenge A crew of cannabis operators seeking to limit federal oversight of state-licensed marijuana businesses encountered sharp questioning from federal appeals court judges, who expressed doubt about arguments […]

iAnthus settles long-running lawsuit over MPX deal

iAnthus Capital Holdings (CSE: IAN) (OTCQB: ITHUF) agreed to settle a five-year-old lawsuit over its acquisition of MPX Bioceutical Corp., the company said Wednesday. The New York-based multistate operator will issue 5 million common shares at C$0.01 per share to Ninth Square Capital Corporation, which alleged oppressive conduct in the 2019 MPX deal, according to […]