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iAnthus

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IAnthus provides a complete solution for financing and managing licensed cannabis cultivators, processors, and dispensaries across the United States

New York City, United StatesFounded 2014Fintech
Valuation $264M Market cap · 2026
Revenue $144M Latest reported FY
EBITDA $21M Latest reported FY

About iAnthus

iAnthus is a pioneering player in the rapidly growing U.S. cannabis market. The company operates as a multi-state operator, meaning it manages a network of cannabis businesses across several states. iAnthus was the first company of its kind to go public and raise funds in Canada, a move that was initially seen as challenging but has since been replicated by others in the industry.

The company's business model is vertically integrated, which means it controls all stages of its product's lifecycle, from cultivation to processing to retailing. This approach allows iAnthus to maintain quality control, streamline operations, and maximize profit margins.

iAnthus operates in high-growth markets and has established a presence in eleven states, including New York, New Jersey, Massachusetts, Florida, Maryland, Arizona, and Nevada. The company is also planning significant expansion across the country, indicating a strong growth trajectory.

Its clients are consumers in the U.S. cannabis market, which is currently one of the most dynamic emerging categories in the world's largest consumer market. The company's ability to move swiftly and adapt to this rapidly evolving environment has established it as a leader in the industry.

In terms of revenue, iAnthus makes money by selling cannabis products through its retail outlets. The company is also engaged in major expansion activities, which suggests it is investing in its growth and looking to increase its market share.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2014
Headquarters
New York City, United States
Listing
IPO 2018
Sector
Fintech
Power Law
Thoroughbred$100M+ revenue

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

  • Beacon Securities
  • Gotham Green Partners
  • Oasis Management
  • Senvest Capital
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States93.6%
🇨🇦 Canada6.4%
2 countries shown
Web traffic by country
3.9K monthly visits
across markets
🇺🇸 United States82.1%
🇮🇳 India20.5%
Top 2 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about iAnthus on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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