iAnthus Expands Horizon with the Acquisition of Cheetah Lifestyle Vape Brand

The transaction propels iAnthus’ dedication to brand innovation, while enabling multi-state growth for Cheetah’s product range

the United States or to, or for the benefit of, “U.S. persons” (as defined in Regulation S under the U.S. Securities Act) without registration or an exemption from the registration mandates of the U.S. Securities Act and pertinent state securities laws. The Shares will be classified as “restricted securities” as characterized in Rule 144(a)(3) under the U.S. Securities Act. This news announcement shall not be perceived as an offer to sell or the solicitation of an offer to purchase the Shares or any other securities, nor shall there be any sale of the Shares in any jurisdiction where such offer, solicitation, or sale would be deemed unlawful.

About iAnthus

iAnthus manages and operates licensed cannabis cultivation, processing, and dispensary facilities across the United States. For additional details, visit www.iAnthus.com.

Forward Looking Statements
The statements found in this news release comprise forward-looking statements. These forward-looking statements are based on the present beliefs, expectations, and assumptions of management, do not guarantee future performance and are subject to considerable risks and uncertainties. Consequently, these forward-looking statements should be assessed in the context of various essential factors, including those outlined in the Company’s filings with the SEC and Canadian securities regulators, which you should scrutinize, including, but not restricted to, the Company’s Annual Report on Form 10-K submitted to the SEC. When referenced in this news release, terms such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “believe”, “should,” and other similar phrases are indicative of forward-looking statements. These forward-looking statements may encompass, without limitation, discussions related to the Acquisition, such as the expected closing date, the payment of the Purchase Price, the inclusion of Mr. Piermont in the Company’s executive team, and other references regarding the Company’s financial outcomes, strategic plans, development, and operational results.

These forward-looking statements should not be perceived as forecasts of upcoming events, and the Company cannot guarantee the fulfillment of the events or conditions referenced in these statements. Should these forward-looking statements be proven inaccurate, such discrepancies may be significant. You are advised not to place excessive reliance on these forward-looking statements, which only reflect the conditions as of the date of this news release. The Company denies any responsibility to publicly update or disclose any changes to these forward-looking statements, whether due to new information, future developments, or otherwise, following the publication of this news release or to adjust for unforeseen circumstances, except as mandated by law.

Neither the Canadian Securities Exchange nor the United States Securities and Exchange Commission has reviewed, endorsed, or rejected the content of this news release.

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SOURCE iAnthus Capital Holdings Inc.

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