iAnthus Capital Holdings Announces Florida Expansion, Brand Launches, and Debt Extension: Key Updates for Investors

NEW YORK, NY and TORONTO, ON – February 17, 2026 – iAnthus Capital Holdings, Inc. (CSE: IAN, OTCID: ITHUF), a vertically integrated cannabis company with operations across the United States, has released a significant update detailing progress on its retail expansion, brand development, and capital structure initiatives. These developments contain important information for shareholders and may have an impact on the company’s share value.

Key Highlights from the Report

• Planned Florida Retail Expansion: iAnthus plans to open its 26th GrowHealthy dispensary in Tequesta, FL, with an anticipated opening date of March 27, 2026, pending regulatory approvals. The new location at 19510 U.S. Highway 1, Tequesta, FL 33469 is strategically placed to enhance patient access in northern Palm Beach County and support continued growth across Florida. The dispensary will operate Monday-Saturday from 9:00 a.m. to 8:30 p.m., and Sunday from 9:00 a.m. to 8:00 p.m.
• Brand Differentiation in Florida: GrowHealthy continues to distinguish itself with a “whole-plant wellness” and “flower-first” philosophy, offering a wide menu of products including flower, vapes, concentrates, and other formats. The company emphasizes community connection and premium genetics, aiming to meet the diverse wellness needs of local consumers.
• New Jersey Brand Expansion: In New Jersey, iAnthus has expanded its brand portfolio with the launch of The Vault, described as a “curated archive of genetics icons” featuring original cuts of cannabis strains that have defined generations. This launch is designed to resonate with distinct consumer segments and strengthen the company’s brand presence in a key market.
• Capital Structure and Debt Extension: iAnthus, together with its subsidiary iAnthus New Jersey, LLC, has entered into amending agreements with certain related-party lenders (including funds managed by affiliates of Gotham Green Partners, LLC, Oasis Management Company, Ltd., and Senvest Management, LLC) to extend the maturity date of its senior secured bridge notes from February 16, 2026, to June 24, 2027. In consideration for this extension, an amendment fee equal to 2% of the principal amount (as of the amendment date) is payable on the new maturity date. As of February 16, 2026, the aggregate principal outstanding on the bridge notes is approximately US\$8.4 million.

Important Information for Shareholders

• Potential Share Price Impact: The opening of a new dispensary in a core Florida market and the expansion of branded products in New Jersey represent strategic growth initiatives that could enhance revenue and market share. These positive developments may act as catalysts for share price appreciation, particularly if the new dispensary performs well and consumer response to the new brand is strong.
• Debt Extension Considerations: The extension of the bridge notes’ maturity provides iAnthus with additional financial flexibility and extends its runway to execute on its growth strategies. However, the related-party nature of these transactions (with Gotham Green Partners, Oasis Management, and Senvest Management) classifies them as “related party transactions” under MI 61-101. The company has stated that the transaction is exempt from formal valuation and minority shareholder approval requirements since it does not exceed 25% of the company’s market capitalization.
• Amendment Fee: The 2% amendment fee on the outstanding principal is an additional cost to the company and will be payable at the new maturity date. Investors should monitor how this impacts future cash flows.

Forward-Looking Statements and Risks

Management has cautioned that statements regarding new dispensary openings, brand launches, and debt amendments are forward-looking, based on current beliefs, expectations, and assumptions. These statements are subject to risks and uncertainties, and there is no guarantee that anticipated events will occur as planned. Investors should not place undue reliance on these statements and are encouraged to review the company’s filings with U.S. and Canadian securities regulators for a complete understanding of the associated risks.

Contact Information

For further inquiries, investors may contact Justin Vu, Chief Financial Officer, at [email protected] or by phone at 1-646-518-9418.

Disclaimer: This article contains forward-looking statements based on current information, which are subject to risks and uncertainties. The information provided is for informational purposes only and does not constitute investment advice. Readers should conduct their own due diligence and consult with professional advisors before making investment decisions. Neither iAnthus Capital Holdings, Inc., nor this publication, undertakes any obligation to update forward-looking statements except as required by law.

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