iAnthus Reports Unanimous Approval at Annual General Meeting

LOS ANGELES- iAnthus Capital Holdings, a multi-state operator in licensed cannabis cultivation, processing, and retail, announced that its shareholders unanimously approved all items at the Annual General Meeting held on June 26, 2025. The approved resolutions included the election of Scott Cohen, Michelle Mathews‑Spradlin, Kenneth W. Gilbert, Alexander Shoghi, and Richard Proud as directors, along with the appointment of PKF O’Connor Davies, LLP as the company’s audit firm.

The meeting followed the company’s release of its first-quarter financial results in May, which reported revenue of USD 38.1 million and gross profit of USD 18.9 million, alongside a net income of USD 5.15 million and an adjusted EBITDA of USD 3.2 million. With these approvals, iAnthus reinforces its leadership structure as it continues its operations across regulatory markets in the U.S. that remain guided by financial discipline and corporate governance.