# iAnthus Capital Holdings iAnthus Capital Holdings is an Asset Manager based in New York, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** New York, United States - **Region:** North America - **Address:** New York, United States - **Assets under management:** Undisclosed - **Website:** ianthus.com - **LinkedIn:** https://www.linkedin.com/company/ianthus-capital-management ## Regulatory record - **Reports private funds:** No ## About iAnthus Capital Holdings, Inc., through its 100% owned subsidiary, iAnthus Capital Management, LLC, delivers a comprehensive solution for financing licensed cannabis cultivators, processors and dispensaries throughout the United States. iAnthus… ## Sectors - Cannabis ## Offices - Brandon, FL - Toronto, Canada ## People - Richard Proud — Chief Executive Officer and Director - Jason Ware — Chief Financial Officer - Andrew Ryan — General Counsel - Michael Piermont — Chief Commercial Officer ## Questions ### How is iAnthus structured to operate in the US while listed on a Canadian exchange? iAnthus uses a dual-entity structure in which a Canadian-listed public vehicle holds a 100% interest in iAnthus Capital Management, LLC, a US subsidiary that directly owns and operates licensed cannabis businesses across multiple states. This architecture was designed to give US cannabis operators access to public capital markets while insulating the Canadian parent from direct involvement in plant-touching activities that remain federally illegal in the United States. iAnthus was the first multi-state operator to successfully execute this cross-border model. ### Which states does iAnthus operate in, and what is its asset mix? iAnthus operates vertically integrated cannabis businesses across eleven states, with named exposures in New York, New Jersey, Massachusetts, Florida, Maryland, Arizona, and Nevada. The firm combines cultivation facilities — including a half-a-million-square-foot buildout in Lake Wales, Florida — with processing labs, branded product lines such as MPX and Cheetah, wholesale distribution to over 2,300 retail locations, and company-owned dispensaries in cities including Boston, Brooklyn, and Miami. ### Who leads iAnthus Capital Holdings? Richard Proud serves as CEO, appointed in July 2023. He previously held the role of Executive Vice President of Revenue at Curaleaf, another large multi-state cannabis operator. CFO Jason Ware was formerly VP of Investor Relations and FP&A at Genesco. Chief Commercial Officer Michael Piermont co-founded the Cheetah vape brand, which iAnthus acquired in December 2024. ### What was iAnthus's most recent acquisition? In December 2024, iAnthus acquired Cheetah, a cannabis vape brand co-founded in 2023 by Michael Piermont, who subsequently became iAnthus's Chief Commercial Officer. The acquisition integrates a direct-to-consumer vape brand into iAnthus's existing branded portfolio alongside its flagship MPX extracts line. ### Does iAnthus operate its own retail dispensaries? Yes. iAnthus operates company-owned dispensaries under its retail arm across multiple states — with named locations in Boston, Brooklyn, and Miami noted in firm materials. The firm also sells through wholesale channels, with its CBD line reaching over 2,300 retail locations nationally. ## Related profiles - [Hamershlag Private Capital Management](https://altss.com/profile/hamershlag-private-capital-management-limited) - [Precision Roll Solutions](https://altss.com/profile/precision-roll-solutions) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/ianthus-capital-holdings Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology