SOURCE: iAnthus Capital Management, LLC

iAnthus Capital Management, LLC

August 17, 2016 17:31 ET

iAnthus Capital Management Appoints Devra Karlebach, Former Hedge Fund & Technology Executive, to Advisory Board

TORONTO, ON and NEW YORK, NY--(Marketwired - August 17, 2016) - iAnthus Capital Management, LLC, which delivers a comprehensive solution for financing and managing licensed cannabis cultivators, processors and dispensaries throughout the United States, today announced that Devra Karlebach has been appointed to the Company's Advisory Board.

Devra Karlebach is a technology and finance veteran with more than 20 years' experience as an operating executive and trader for one of the most prestigious hedge funds in the United States, having served as the Repurchase Agreement and Stock Loan trader for Appaloosa Asset Management, LP. She is also the co-founder and CEO of Glyphic Technologies, Inc., a leading global technology consulting company.

"Ms. Karlebach has shown a tremendous ability to leverage her extensive experience in business development, executive leadership, and strategic thinking to drive growth," said Hadley Ford, co-founder and Managing Director of iAnthus Capital Management. "We welcome her to the iAnthus Advisory Board and look forward to her contributions and business development expertise."

"I am pleased to join forces with iAnthus because of the pedigree, caliber and business savvy of the iAnthus team,' said Ms. Karlebach. "I am excited to bring my 20+ years' experience in both finance and emerging technologies to working with iAnthus to help finance emerging regulated cannabis industry market leaders throughout the U.S."

Additional information about iAnthus Capital Management may be accessed on the Company's website at www.ianthuscapital.com.

About iAnthus Capital Management

iAnthus Capital Management, LLC delivers a comprehensive solution for financing and managing licensed cannabis cultivators, processors and dispensaries throughout the United States. Founded by entrepreneurs with decades of experience in investment banking, corporate finance, law and healthcare services, iAnthus pro-vides a unique combination of capital and hands-on operating and management expertise. The Company harnesses these skills to support a diversified portfolio of cannabis industry investments for our shareholders, including direct equity investments in for-profit license holders and lending facilities coupled with management services to not-for-profit license holders. For more information, visit www.ianthuscapital.com.

Forward Looking Statements

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Contact Information