iAnthus reports higher marijuana revenues, smaller loss

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New York-based iAnthus Capital Holdings, a multistate cannabis company, on Tuesday reported revenue of $19.2 million for the second quarter, an increase from $256,000 from the same period a year ago.

The net loss for the quarter ending June 30 totaled $9.3 million, compared with a loss of $35.4 million in the same period a year ago.

The company trades on the U.S. over-the-counter markets as ITHUF and on the Canadian Stock Exchange as IAN.

More details about the quarterly results and operations of iAnthus can be found here.

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