Press Release

Press Release

iAnthus to Release Q2 Financial and Operational Results on August 28; Announces New Corporate Auditor

Company to hold conference call to discuss earnings and operational updates following earnings announcement

NEW YORK and TORONTO, Aug. 22, 2018 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company"), (CSE: IAN, OTCQB: ITHUF), which owns, operates, and partners with licensed cannabis operations throughout the United States, is pleased to announce that the company will release financial and operating results for the second quarter of 2018 ("Q2 2018") on August 28, 2018.

iAnthus Capital Holdings, Inc. (CNW Group/iAnthus Capital Holdings, Inc.)

Following the release of the company's Q2 results, iAnthus executives will host a conference call and webcast to discuss the results and relevant company updates.

Additionally, iAnthus announced today that it has retained the services of Marcum LLP, a leading independent public accounting and advisory services firm in the United States, as its new corporate auditor, effective August 10, 2018.

The Notice of Change of Auditor, together with the required letters from Marcum, will be filed on SEDAR.

Conference Call and Webcast Details

The conference call for financial analysts and investors will take place at 8:45am ET on Wednesday, August 29, 2018. The call will be archived and available on iAnthus' website for replay. Please visit http://ir.ianthuscapital.com/ to access the archived conference call.

Dial-In Number: (888) 231-8191 or international: (647) 427-7450   Webcast: https://event.on24.com/wcc/r/1821966/5A289B907DC2DDA928EC0EADFDDFAC57

A replay of the call will be available for 7 days by dialing: (855) 859-2056

Additional information about iAnthus may be accessed on the Company's website at www.ianthuscapital.com and under the Company's SEDAR profile at www.sedar.com

About iAnthus Capital Holdings, Inc.

iAnthus Capital Holdings, Inc. owns and operates best-in-class licensed cannabis cultivation, processing and dispensary facilities throughout the United States, providing investors diversified exposure to the U.S. regulated cannabis industry. Founded by entrepreneurs with decades of experience in operations, investment banking, corporate finance, law and health care services, iAnthus provides a unique combination of capital and hands-on operating and management expertise. The Company uses these skills to support operations across six states. For more information, visit www.iAnthusCapital.com.

SOURCE iAnthus Capital Holdings, Inc.

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