Mr. Richard Proud reports

IANTHUS ANNOUNCES LAUNCH OF EDIBLE BRAND MOODZ

iAnthus Capital Holdings Inc., owner of 18 GrowHealthy dispensaries in Florida, has launched its new edibles brand, Moodz. The first Moodz product will be gummies produced using a solventless process in accordance with the company's best-in-class standards for purity and quality.

"We are thrilled to introduce the Moodz brand and expand our solventless extraction product offering," said Richard Proud, chief executive officer of iAnthus. "The expansion of the company's solventless extraction product offering represents the company's continued commitment to honour the integrity of the cannabis plant by maintaining the natural symphony of cannabinoids and terpenes."

The company's solventless extraction products are produced as full spectrum, no chemical products that utilize the cannabis plant, water, ice and pressure. "The Moodz solventless gummies deliver this commitment and offer products that are strain-specific and simply delicious. The launch of Moodz is coming at the right time for our business, as we are experiencing tremendous growth -- and it continues our commitment to Florida patients to launch a new product or strain weekly throughout the balance of 2023," said Mr. Proud.

Starting Oct. 18, 2023, Florida medical patients can experience Moodz gummies across all GrowHealthy locations -- where the natural qualities of the plant meets innovative excellence.

About iAnthus Capital Holdings Inc.

iAnthus owns and operates licensed cannabis cultivation, processing and dispensary facilities throughout the United States.

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