The dispensary, located at 202 Flatbush Avenue directly across from Barclays Center and Atlantic Terminal, is the first in Brooklyn, New York's largest... iAnthus Opens Flagship Citiva Dispensary in Brooklyn

iAnthus Capital Holdings, Inc., (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, is pleased to announce that it has opened its first and flagship dispensary in New York on December 30, 2018. The dispensary, located at 202 Flatbush Avenue directly across from Barclays Center and Atlantic Terminal, is the first in Brooklyn, New York’s largest borough, with a population of roughly 2.6 million people. The dispensary will operate under iAnthus’ “Citiva” New York dispensary brand.

“I’m excited that Citiva has opened Brooklyn’s first regulated medical marijuana dispensary, providing valuable palliative care to certified patients in our borough,” said Brooklyn Borough President Eric Adams. “Dating back to my time in the State Senate, I have long advocated for expanding the use of alternative treatments in the battle against serious medical conditions. My administration advocated hard for our borough to be part of the State’s medical marijuana program, and the long-awaited opening of this dispensary translates to quality local jobs and quality local access to critical health care.”

The 2,000 sq. ft. retail location initially will offer more than 30 locally-sourced, lab-tested products, including vape cartridges and tinctures, dispensed by a highly-knowledgeable patient care representatives.

This is the first of Citiva’s four licensed dispensaries, with additional locations to include Wappingers Falls (set to open in late-January 2019), Staten Island and Chemung County. In conjunction with the opening of the Brooklyndispensary, Citiva is launching a delivery program with the ability to deliver products all across the borough.

“The opening of our Brooklyn dispensary is a major milestone for iAnthus and Citiva. With an ideal location and an expert team in place, we expect this dispensary to be a major asset to the community and the Company,” said Hadley Ford, CEO of iAnthus. “We are incredibly proud to be the first to open a dispensary in Brooklyn, which serves as a testament to iAnthus’ track record of innovation and industry firsts.”

“The store is designed to provide the most patient-friendly experience possible,” said Carlos Perea, iAnthus’ Chief Operating Officer. “It serves as a welcoming and educational space for people to come in and learn about cannabis as medicine, interact with our patient care representatives, and find out what works best for them.”

The Citiva Brooklyn dispensary operates 7 days a week from 10am – 7pm ET. Each of the following groups are eligible for a 20% discount on products sold at the Brooklyn Dispensary: seniors 65+, veterans, new patients, and patients receiving government assistance.

To view and download photos of the Brooklyn dispensary, please visit the following link: https://www.dropbox.com/sh/mv1g7yuvv6rgiuh/AAAPb_qBdW3Vvyy30gHAgdDUa?dl=0

For more information about Citiva or to place an order, please visit www.citiva.com.

About iAnthus Capital Holdings, Inc.

iAnthus Capital Holdings, Inc. owns and operates best-in-class licensed cannabis cultivation, processing and dispensary facilities throughout the United States, providing investors diversified exposure to the U.S. regulated cannabis industry. Founded by entrepreneurs with decades of experience in operations, investment banking, corporate finance, law and health care services, iAnthus provides a unique combination of capital and hands-on operating and management expertise. The Company uses these skills to support operations across six states. For more information, visit www.iAnthusCapital.com.

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