Associated tags: Jushi, Sales, CSE, BOCA, Legislation, Person, Regulation, Risk management, Nature, Analysis, Conversation
Locations: CALIFORNIA, CANADA, SENEGAL, INDIA, UGANDA, MALAWI, SOUTH SUDAN, THE GAMBIA, BOCA RATON, FL, US, NEVADA, MASSACHUSETTS, VIRGINIA, OHIO, HAMILTON BEACH, COLUMBUS
BOCA RATON, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2024, after the market closes on Thursday, May 9, 2024.
Key Points:
- BOCA RATON, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2024, after the market closes on Thursday, May 9, 2024.
- Management will host a conference call and audio webcast on Thursday, May 9, 2024, at 4:30 p.m.
- ET to discuss the Company’s financial results.
BOCA RATON, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it has appointed Todd West as Chief Operating Officer (“COO”), effective April 12, 2024.
Key Points:
- BOCA RATON, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it has appointed Todd West as Chief Operating Officer (“COO”), effective April 12, 2024.
- Todd brings the necessary experience and expertise to lead this charge and we are excited to welcome him to Jushi.”
“I am thrilled to be joining Jushi at such a pivotal moment in its history,” said Todd West, Chief Operating Officer of Jushi.
- “With significant assets in key markets that have yet to unlock their full potential, we are truly at a critical inflection point.
- I look forward to all we will accomplish together with so many exciting potential regulatory developments on the horizon.
Retrieved on:
Wednesday, March 13, 2024
The Company ended 2023 with thirty-four operating dispensaries in seven states, as compared to thirty-five in six states at the end of 2022.
Key Points:
- The Company ended 2023 with thirty-four operating dispensaries in seven states, as compared to thirty-five in six states at the end of 2022.
- Gross profit was $116.2 million, or 43.1% of revenue, in 2023 compared to $95.5 million, or 33.6% of revenue, in 2022.
- We believe that the presentation of non-GAAP financial information provides important supplemental information to management and investors regarding financial and business trends relating to our financial condition and results of operations.
- The Company will host a conference call to discuss its financial results for the fourth quarter and full year ended December 31, 2023 at 5:00 p.m.
Retrieved on:
Wednesday, February 28, 2024
BOCA RATON, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, March 13, 2024.
Key Points:
- BOCA RATON, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, March 13, 2024.
- Management will host a conference call and audio webcast on Wednesday, March 13, 2024, at 5:00 p.m.
- ET to discuss the Company’s financial results.
Retrieved on:
Tuesday, February 6, 2024
BOCA RATON, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) ( CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, made the following statement regarding the inclusion of an adult-use cannabis policy in Pennsylvania Governor Josh Shapiro’s annual budget proposal and address.
Key Points:
- BOCA RATON, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) ( CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, made the following statement regarding the inclusion of an adult-use cannabis policy in Pennsylvania Governor Josh Shapiro’s annual budget proposal and address.
- As survey after survey demonstrates, support for legal adult-use cannabis at the local, regional, state, and national level is well over 60%.
- Since its creation, the Pennsylvania Medical Marijuana Program has benefited from industry partners’ commitment to patients and public safety.
- We look forward to working with Governor Shapiro to implement this commonsense policy into law for this budget cycle without further delay.
Retrieved on:
Wednesday, January 10, 2024
Patient,
Capsule,
Suite101,
Pocono Mountains,
Bank,
Kalahari Resorts,
Suite,
The Lab,
CBD,
Caregiver,
Season,
Convention center,
THC,
Lab New Store Centrally Located in the Pocono Mountains, a Bustling Tourist Destination
Key Points:
- New Store Centrally Located in the Pocono Mountains, a Bustling Tourist Destination
Exclusive Promotion of 30% Off Opening Day, Saturday, January 13th
BOCA RATON, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, announced the opening of its relocated Beyond Hello™ Hazleton dispensary in Pennsylvania, through its subsidiary, Franklin Bioscience – NE LLC.
- The new location is highly accessible, providing entry to six interstate highways, and brings in tourists from across the country.
- Presently, the nearest competitor dispensaries to Mount Pocono are an approximate 20-minute drive to Stroudsburg and an approximate 35-minute drive to Scranton.
- For more information, visit Beyond Hello™ Pennsylvania .
Retrieved on:
Wednesday, November 29, 2023
BOCA RATON, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada (the “Shelf Prospectus”). The Shelf Prospectus, when made final and effective, will allow the Company to offer up to C$600 million of subordinate voting shares, preferred shares, subscription receipts, debt securities, convertible securities, warrants, and units (collectively, the “Securities”), or any combination thereof, from time to time during the 25-month period that the Shelf Prospectus is effective. The final short form base shelf prospectus (the “Final Shelf Prospectus”) is expected be filed prior to the expiry of and will replace the Company’s existing short form base shelf prospectus, which was filed on December 2, 2021, with certain Canadian securities regulatory authorities.
Key Points:
- BOCA RATON, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH ) (OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, announced it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada (the “Shelf Prospectus”).
- The final short form base shelf prospectus (the “Final Shelf Prospectus”) is expected be filed prior to the expiry of and will replace the Company’s existing short form base shelf prospectus, which was filed on December 2, 2021, with certain Canadian securities regulatory authorities.
- The Company intends to file the Final Shelf Prospectus in order to maintain financial flexibility, including responding to significant regulatory improvements and pursuing opportunistic acquisitions.
- The specific terms of any future offering of Securities under the Final Shelf Prospectus, including the use of proceeds from any such offering, will be established in a prospectus supplement to the Final Shelf Prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities.
Retrieved on:
Thursday, November 16, 2023
Participation,
Canadian Securities Exchange,
CSE,
Warrant,
Exercise,
Fair market value,
BOCA,
Employment,
Plan,
Option,
Security (finance),
Jushi,
Share (finance) “Stock options are a critical component of Jushi’s compensation philosophy for senior management, the focal point of which is to increase long-term stockholder value.
Key Points:
- “Stock options are a critical component of Jushi’s compensation philosophy for senior management, the focal point of which is to increase long-term stockholder value.
- A total of 3,224,000 Subject Options (or 11% of the options authorized under the Option Plan) are part of the Program (including 1,465,000 Subject Options held by two officers of the Company).
- James Cacioppo, the CEO of the Company, is not eligible to participate in the Program.
- Eligible Participants that participate in the Program will have all of their Subject Options cancelled on November 17, 2023, and then will have the same number of options re-issued under the Option Plan (the “Replacement Options”) on the Option Re-Issuance Date at the Re-Issuance Exercise Price.
Retrieved on:
Tuesday, November 14, 2023
CSE,
Net income,
Stock,
Collection,
Marketing,
Adjustment,
Aquaculture,
Bookkeeping,
Video game,
Clothing,
Loss,
Jushi Net Loss of $20.6 Million, an Improvement of 62.3% YoY
Key Points:
- Net Loss of $20.6 Million, an Improvement of 62.3% YoY
Adjusted EBITDA of $9.7 million, Representing Growth of $9.1 Million YoY, Adjusted EBITDA Margin of 14.9% in Q3 2023
BOCA RATON, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, is pleased to announce its financial results for the third quarter ended September 30, 2023 (“Q3 2023”).
- All financial information is unaudited and provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles (“GAAP”).
- We expanded our Jushi-branded product sales, which accounted for over half of our retail revenue across our vertical footprint.
- Overall, new products accounted for approximately 5% of total Jushi packaged sales in the third quarter of 2023, and we expect this number to increase as we amplify our marketing and distribution efforts for these new offerings.”
Financial Results for the Third Quarter Ended September 30, 2023
Retrieved on:
Tuesday, October 31, 2023
BOCA RATON, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the third quarter ended September 30, 2023, after the market closes on Tuesday, November 14, 2023.
Key Points:
- BOCA RATON, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the third quarter ended September 30, 2023, after the market closes on Tuesday, November 14, 2023.
- Management will host a conference call and audio webcast on Tuesday, November 14, 2023, at 5:00 p.m.
- ET to discuss the Company’s financial results.
