iAnthus Announces Results of Annual General Meeting of Shareholders

Rhea-AI Summary

iAnthus Capital Holdings, which operates regulated cannabis businesses in the U.S., announced the results of its Annual General Meeting held on August 11, 2022. All proposed resolutions were approved by shareholders, including the election of six directors: Scott Cohen, Michelle Mathews-Spradlin, Kenneth W. Gilbert, Alexander Shoghi, Marco D'Attanasio, and Zachary Arrick. Additionally, Marcum LLP was appointed as the company's auditors. This meeting signifies strong shareholder support for the company's governance and operational direction.

Positive

• Shareholders approved all resolutions presented at the AGM.
• The election of six experienced directors strengthens the board.

Negative

• None.

NEW YORK and TORONTO, Aug. 12, 2022 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, is pleased to report the results for the Annual General Meeting of Shareholders of iAnthus held on Thursday, August 11, 2022 at 10:00 a.m. (Eastern Time).

All matters put forward before the iAnthus shareholders (the "Shareholders") for consideration and approval as set out in the Proxy Statement dated July 5, 2022 were approved by the Shareholders. Specifically, the Shareholders: (i) approved a resolution to set the number of directors of the Company at six (6); (ii) approved the election of Scott Cohen, Michelle Mathews-Spradlin, Kenneth W. Gilbert, Alexander Shoghi, Marco D'Attanasio and Zachary Arrick as directors of the Company; and (iii) approved the appointment of Marcum LLP as auditors of the Company.

About iAnthus

iAnthus owns and operates licensed cannabis cultivation, processing and dispensary facilities throughout the United States. For more information, visit www.iAnthus.com.

Neither the Canadian Securities Exchange nor the U.S. Securities and Exchange Commission have reviewed, approved or disapproved the content of this news release.

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SOURCE iAnthus Capital Holdings, Inc.

FAQ

What were the results of the iAnthus Capital Holdings Annual General Meeting on August 11, 2022?

All proposals were approved by shareholders, including the election of six directors and the appointment of auditors.

Who were elected as directors of iAnthus at the AGM?

Scott Cohen, Michelle Mathews-Spradlin, Kenneth W. Gilbert, Alexander Shoghi, Marco D'Attanasio, and Zachary Arrick were elected.

What is the significance of the iAnthus AGM results for shareholders?

The approval of all resolutions indicates strong shareholder support for the company's governance.

Who was appointed as auditors for iAnthus Capital Holdings?

Marcum LLP was appointed as the auditors.

What companies are associated with iAnthus Capital Holdings?

iAnthus owns and operates licensed cannabis cultivation, processing, and dispensary facilities across the United States.