Monday, August 21, 2017

#Cannabis Stock News: iAnthus (CSE: IAN) (OTCQB: $ITHUF) Announces Update to Proposed Acquisition of Citiva

#Cannabis Stock News: iAnthus (CSE: IAN) (OTCQB: $ITHUF) Announces Update to Proposed Acquisition of Citiva

NEW YORK, NY and TORONTO, ON - August 21, 2017 ( Newswire) iAnthus Capital Holdings, Inc. ("iAnthus" or "the Company"), (CSE: IAN) (OTCQB: ITHUF), which owns, operates, and partners with licensed cannabis operations throughout the United States, announces that it has advanced US$500,000 to Citiva Medical, LLC ("Citiva NY") pursuant to a secured promissory note (the "Promissory Note"). The Promissory Note has a term of one year, subject to acceleration in certain events, and yields interest at a rate of up to 20%.

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