iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCQB:ITHUF) reported its financial results Wednesday for the second quarter ended June 30, 2024. The New York and Toronto-headquartered cannabis company disclosed quarterly revenue of $43.0 million, a sequential increase of 3.5% and an increase of 11.1% year-over-year. Second quarter 2024 financial highlights include:Gross profit of $20.7 million, a sequential increase of 20.3% from Q1 2024 and an increase of 12.5% from the same quarter in the prior year.Gross margin of 48.1%, reflecting a sequential increase of 673 bps when compared to Q1 2024 and an…
