Cannabis firm iAnthus says it likely will default on interest payments again
Posted On June 12, 2020
- Multistate marijuana operator iAnthus said it expects to default on interest payments due June 30 and
- The New York-based company, which has partly blamed the coronavirus crisis on filing delays, also said in a news release that, although its previously announced strategic review is ongoing, the firm can’t assure that any alternatives pursued will provide value to stockholders.
- The MSO also has faced executive turmoil in the past few months.
Read full article: mjbizdaily.com