Operations
Retail Operations

A focused brand strategy

Introducing iAnthus’ National Retail Brand, Be.

A focused brand strategy

We plan to consolidate our national network of retail stores under a single new retail brand, "Be." The Company recently opened its first Be. store in Staten Island. The rebranding of all of our existing stores will be strategically planned market-by-market.

A rapidly expanding network

Our multi-state network of cannabis stores is poised for rapid expansion.

Florida

In Florida, we currently operate under the Grow Healthy retail brand (www.growhealthy.com). We are currently open in 14 markets including West Palm Beach, Miami, Orlando, Lakeland, Tallahassee, Gainesville, Bonita Springs, Lake Worth, Ocala, Daytona Beach, Deerfield Beach, Stuart, and Brandon. We have secured locations in several other key markets scheduled for opening in the coming months. In addition, we are expanding our Delivery Program with new vehicles and delivery hubs in order to better serve patients across the state.

Arizona

Our enterprise consists of four full-service dispensaries. We have three stores in Mesa which and one in Phoenix which operate under the Health for Life brand (www.healthforlifedispensaries.com). We also have two modern and fully equipped production laboratories for producing cannabis derivative products and two large-scale indoor cultivation operations which provide wholesale products to over 50% of the retailers throughout the state.

Nevada

We have recently been awarded four new dispensary licenses in Nevada (Reno, Henderson, City of Las Vegas, and Unincorporated Clark County). These stores will complement our existing cultivation and production license which includes a 29,000-square-foot cultivation and production facility in Las Vegas which provides wholesale products to over 40% of the retail locations throughout Nevada.

Maryland

We operate three retail dispensaries in Bethesda, Baltimore and White Marsh under the Health for Life brand (www.healthforlifedispensaries.com). We also operate a 4,000 square foot processing facility in Gaithersburg where we manufacture MPX concentrates and other products. MPX products are sold in our dispensaries and through our distribution channels to ~80% of the licensed dispensaries in the state.

Massachusetts

Our cannabis store in Boston (www.mayflowermedicinals.com) has been open since 2018 and serves the residents in the greater Allston/Brighton section of the city. Our stores in Worcester and Lowell are expected to open in 2020. Our retail operations are supported by a 36,000 square foot cultivation and processing facility in Holliston which is currently providing wholesale products to over 30% of the other retail dispensaries throughout the state.

New York

We hold one of ten vertically integrated medical marijuana Registered Organization licenses in New York, a state with close to 20 million residents. This license includes a cultivation and processing facility and four dispensary locations: Brooklyn, Staten Island, Dutchess County, and Tompkins County. Our first retail location in New York State is located across from Barclays Center in Brooklyn. It is one of only three dispensaries serving New York’s most populous borough, with over 2.5 million residents. Our Staten Island store is the only Registered Organization serving Staten Island’s 500,000 residents. We currently operate in New York under the Citiva (www.citiva.com). and Be. retail brands (www.bestores.com).

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Products
Cultivation

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