iAnthus Capital Holdings, Inc. (OTCPK:ITHU.F) announced that it will receive $22,072,512 in funding on January 17, 2018. The company will issue 15% unsecured non-convertible debentures and warrants in the transaction. Total transaction size represents the principal amount of 15% unsecured non-convertible debentures plus the aggregate exercise price of 10,040,000 warrants at a price of $1.9928 for proceeds of $20,007,712. There is no assurance that the warrants, expiring January 17, 2021, will be exercised. The company will issue securities pursuant to exemption provided under Regulation D.