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Canadian firm iAnthus makes $17.3M bid for New York medical marijuana licensee

by / No Comments / 0 View / June 12, 2017

By Alicia Wallace Toronto-based iAnthus Capital Holdings Inc. (CSE: IAN) signed a letter of intent to buy Valley Agriceuticals LLC for $17.3 million in a mostly stock transaction, iAnthus announced Monday morning. Under the terms of the agreement, iAnthus will pay $2.3 million in cash and $15 million common shares of its common stock, priced at $2 per share, for Valley Ag. …read more

Via: Canadian firm iAnthus makes $17.3M bid for New York medical marijuana licensee