Mr. Richard Proud reports

IANTHUS CONTINUES EXPANSION IN FLORIDA WITH THE OPENING OF GROWHEALTHY'S 25TH DISPENSARY IN ST. PETERSBURG

iAnthus Capital Holdings Inc. has expanded into St. Petersburg with the opening of its 25th GrowHealthy dispensary in Florida.

The new St. Petersburg location opens its doors today with an expanded lineup of premium product brands, including The Vault, MPX and Sunshine State, offering patients greater choice and quality all under one roof.

"We're thrilled to bring GrowHealthy to St. Petersburg," said Richard Proud, chief executive officer at iAnthus. "Each new opening is a chance to deepen our mission by broadening access to safe, high-quality cannabis and strengthening our connection to patients across the sunshine state. This store was built to feel local while delivering care, consistency and the personal experience that patients expect from GrowHealthy."

GrowHealthy continues to set itself apart through a focus on whole-plant wellness, premium genetics and community connection. Built on the foundation of cultivators and caregivers, the company leads with a flower-first philosophy, strong community ties and a deep respect for the cannabis plant. The St. Petersburg dispensary offers an extensive menu of products including flower, vapes, concentrates and additional form factors designed to meet the diverse wellness needs of the local community.

"The St. Pete opening gives us another opportunity to meet patients where they are and make the process as welcoming as possible," said Kelly Heinichen, vice-president of retail operations at iAnthus. "Our team takes pride in offering not only exceptional products, but an experience centred on compassion, education and genuine connection."

The St. Petersburg launch underscores iAnthus's continuing commitment to expanding patient access and elevating the cannabis retail experience across Florida. Each GrowHealthy location is built with thoughtful design, elevated service and unwavering product quality.

The St. Petersburg dispensary, located at 4831 34th St. South, Fort St. Petersburg, Fla., 33711, will be open Monday to Saturday from 9 a.m. to 8:30 p.m. and on Sunday from 9 a.m. to 8 p.m.

About iAnthus Capital Holdings Inc.

iAnthus is a vertically integrated cannabis company on a mission to build premium brands through a network of cultivation, production and retail operations across the United States. Backed by a leadership team with deep expertise in cultivation, operations and capital markets, the company strategically leverages acquisition-driven growth and access to capital to create long-term competitive advantage. iAnthus's brand portfolio includes: MPX, Anthologie, Black Label, Cheetah, Frutful, Last Resort, Moodz, Sunshine State and The Vault.

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