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iAnthus shares rise after Q3 asset gains

Wednesday, November 30, 2016 13:49
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iAnthus Capital (CNSX:IAN) shares rose more than 12% on Wednesday after the company reported its third-quarter earnings.

Delivering a comprehensive solution for financing and managing licensed cannabis cultivators, processors and dispensaries, iAnthus recorded total assets at Sept 30 of $6mln versus $859,237 at the end of 2015.

In the three months ended Sept 30 the company’s comprehensive loss was $729,396 versus $200,538 in the same period in 2015.

iAnthus shares were up 12.7% at C$2.40 on Wednesday.

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