ITHUF: Adding iAnthus Capital to Investing Ideas (Long Side)

03/04/19 10:52AM EST

Below is a note written by CEO Keith McCullough on why we're adding iAnthus Capital (ITHUF) to the long side of Investing Ideas today:

Our Cannabis Research Team continues to do independent and differentiated research in this growing space. One of their Best Ideas (Institutional Research product) remains iAnthus (ITHUF) and the stock is on sale today.

Here's an excerpt from Shayne Laidlaw's recent Institutional Research note on the name:

"Over the course of the last week we have had the pleasure of speaking with the CEO/IR as well as visit their West Palm dispensary, which is one of the better ones we have seen across the nation. 2019 has numerous catalysts for U.S. based operators that we think will provide great tailwinds for the industry. Of course, many of these center on the regulatory changes at the state (NY & NJ adult-use among others) and federal level (SAFE Act and STATES Act)."

Buy on red,

KM
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