iAnthus Capital Holdings Inc. Expands in Florida with New Dispensary

In a strategic move to bolster its presence in the burgeoning cannabis market, iAnthus Capital Holdings, Inc. has announced the grand opening of its 22nd GrowHealthy dispensary in Palm Harbor, Florida. This expansion marks a significant milestone for the company, enhancing patient access to premium medical cannabis products in the Sunshine State.

The new dispensary, located at 2431 Tampa Road, was inaugurated with a ribbon-cutting ceremony and a three-day celebration that featured exclusive promotions, live events, and the introduction of new, premium products tailored for the Florida market. The event underscored iAnthus’ commitment to providing a comprehensive range of medical cannabis offerings, including flower, vapes, and concentrates, all within a modern store layout that includes a convenient drive-thru service.

Operating hours for the Palm Harbor location are Monday through Saturday from 9 am to 8:30 pm, and Sunday from 9 am to 8 pm, ensuring ample access for patients seeking medical cannabis solutions. This expansion is a testament to GrowHealthy’s dedication to maintaining its flower-first values while prioritizing patient care and accessibility.

As of July 17, 2025, iAnthus Capital Holdings, Inc. continues to solidify its footprint in the United States, with its operations primarily based in New York. The company, listed on the Canadian National Stock Exchange, operates in the health care sector, specifically within the pharmaceutical industry, focusing on licensed cannabis cultivation, processing, and dispensary operations.

Despite the recent expansion, iAnthus faces financial challenges, as reflected in its close price of CAD 0.005 on July 15, 2025, which also represents its 52-week low. The company’s market capitalization stands at CAD 33,679,648, with a price-to-earnings ratio of 5.15918. These figures highlight the volatile nature of the cannabis industry and the financial hurdles that companies like iAnthus must navigate.

Nevertheless, the opening of the Palm Harbor dispensary is a strategic step forward, demonstrating iAnthus’ resilience and adaptability in a competitive market. By continuing to expand its retail footprint and enhance patient access to medical cannabis, iAnthus Capital Holdings, Inc. is positioning itself for potential growth and recovery in the evolving cannabis landscape.

For more information about iAnthus Capital Holdings, Inc. and its operations, interested parties can visit the company’s website at www.ianthuscapital.com .