FORM 4
☐ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GALVIN ROBERT R		 2. Issuer Name and Ticker or Trading Symbol

iANTHUS CAPITAL HOLDINGS, INC. [ ITHUF ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Interim CEO and COO
(Last)          (First)          (Middle)

C/O IANTHUS CAPITAL HOLDINGS, INC., 420 LEXINGTON AVENUE, SUITE 414		 3. Date of Earliest Transaction (MM/DD/YYYY)

9/19/2022
(Street)

NEW YORK, NY 10170		 4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/3/2022  A  23632068 (1)A (2)23945164 D  
Common Stock 10/3/2022  D  7085104 (3)D$0.0299 16860060 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (2)10/3/2022  M     23632068   (4) (4)Common Stock 23632068 $0.00 11816034 D  
Option (right to buy) $0.051            (5)9/19/2032 Common Stock 3938678  3938678 D  
Explanation of Responses:
(1) Represents the issuance of the shares underlying the initial vested portion of the grant of restricted stock units to the Reporting Person made on July 26, 2022.
(2) Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock following vesting.
(3) Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 23,632,068 restricted stock units granted to the Reporting Person on July 26, 2022.
(4) The restricted stock units were granted pursuant to the Issuer's Amended and Restated Omnibus Equity Incentive Plan, dated October 15, 2018 (the "Plan"). The restricted stock units referenced in Column 9 of this Table II will vest on July 10, 2023, subject to the Reporting Person's continued service with the Issuer; provided, however, if the Reporting Person is terminated without cause or resigns for good reason from the Issuer, then the restricted stock units shall vest immediately.
(5) The options were granted pursuant to the Plan. The options will vest in three equal annual installments with the first installment vesting on the first anniversary of the date of the grant.

Remarks:
This is a late filing with respect to the transactions reported in Table II pursuant to the General Instructions of Form 4, a Form 4 relating to such transactions should have been filed within two (2) business days following the date of such transactions.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
GALVIN ROBERT R
C/O IANTHUS CAPITAL HOLDINGS, INC.
420 LEXINGTON AVENUE, SUITE 414
NEW YORK, NY 10170

Interim CEO and COO
Signatures
Robert R Galvin5/31/2023
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Ianthus Capital (QB) (USOTC:ITHUF)
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