ITHUF - iAnthus to commence adult-use and expands medical operations in New Jersey

2023-04-19 08:05:28 ET

• iAnthus Capital ( OTCPK:ITHUF ) notifies that its wholly-owned subsidiary, MPX New Jersey LLC will commence adult-use operations at its Atlantic City, New Jersey dispensary.
• Further, it is expanding its medical operations with the opening of its second New Jersey medical dispensary in Gloucester Township, after having received the requisite regulatory approvals from the New Jersey Cannabis Regulatory Commission during its April 13, 2023 public meeting.
• These additional MPX NJ operations enable additional access to patients and customers in Southern New Jersey and across the state.
• MPX NJ has a third dispensary location under construction in southern New Jersey, currently scheduled to be completed in Q2 2023 and to be opened following receipt of the requisite regulatory approval by the CRC.
• Additionally, MPX NJ will seek approval by the CRC and local municipalities, as necessary, to further expand its permit to enable adult-use sales at its Gloucester Township dispensary and its third dispensary location at the appropriate time.

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