Final Court Order Hearing

iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN), (OTCQX: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, reminds Secured Noteholders, Unsecured Debentureholders, Equityholders (each as defined below) and any other interested party, that the Company and ICM (as defined below) will attend a hearing (the “Hearing”) before the Supreme Court of British Columbia (the “Court”) scheduled for 10:00 a.m. (Vancouver time) on September 25, 2020. At the Hearing, the Company and ICM will seek final Court approval (the “Final Court Order”) for the Company’s previously announced recapitalization transaction (the “Recapitalization Transaction”) to be implemented by way of a court-approved plan of arrangement under the British Columbia Business Corporations Act (the “Plan of Arrangement”).