Jushi Hldgs Stock Price, News & Analysis

Jushi Holdings, a multi-state cannabis operator, announced its participation in two significant events in November 2021. The first is the Viridian Capital Cannabis Expert Series on November 10, where Olivier Blechner, EVP of Business Development, will engage in a fireside chat. The second is Cowen’s 4th Annual Cannabis Conference from November 29 to December 1, featuring CEO Jim Cacioppo in a panel discussion on November 29. Jushi aims to enhance its visibility and shareholder value through these engagements, focusing on a multi-state portfolio of cannabis assets.

On November 3, 2021, Jushi Holdings congratulated Glenn Youngkin on his election as governor of Virginia. Jushi noted that the majority of Virginians support legal cannabis, expressing optimism about working with the new administration to generate economic opportunities and job growth. The company aims to drive growth through a regulated cannabis program, predicting significant taxable infrastructure development and revenue generation. Jushi Holdings focuses on maximizing shareholder value while delivering high-quality cannabis products across its operational footprint.

Jushi Holdings announces the opening of its 26th retail location, BEYOND / HELLO™ Sterling, in Virginia on November 2, 2021, at 10:00 a.m. This marks the company's second dispensary in Northern Virginia. The dispensary aims to enhance patient accessibility with a delivery program and in-store express pickup options. Located near Dulles International Airport, the facility includes 17 point-of-sale systems and 70 parking spots. Jushi also plans to expand its retail presence further into populous areas. The company emphasizes its commitment to the medical cannabis community by offering a variety of products and discounts for veterans and seniors.

Jushi Holdings Inc. will open its 25th retail location and 16th BEYOND / HELLO™ medical marijuana dispensary in Stroudsburg, Pennsylvania, on October 27, 2021. The new dispensary will provide a wide range of cannabis products, including dry leaf, concentrates, and topicals, and will feature an express window and curbside pickup. Located in a popular tourist area, this store aims to enhance customer experience with a licensed pharmacist on-site and is committed to accessibility and inclusivity. This expansion aligns with Jushi's strategy to grow its footprint in Pennsylvania.

Jushi Holdings appoints Ed Kremer as its new Chief Financial Officer, replacing Kimberly Bambach, who steps down but will assist during the transition until December 1, 2021. Kremer brings over 20 years of financial leadership across various industries, most recently serving as Chief Operating and Restructuring Officer at Le Tote and Lord & Taylor. CEO Jim Cacioppo expressed confidence in Kremer's ability to enhance the company’s financial strategies, aiming for both organic and inorganic growth opportunities.

Jushi Holdings announced its participation in four key conferences throughout October 2021. Events include A.G.P.’s Virtual Fall Consumer Cannabis Conference on October 5, featuring Trent Woloveck and Michael Perlman, and Cantor Fitzgerald’s Weednesday Series on October 6, with CEO Jim Cacioppo. Additionally, Andreas Neumann will join the MATTIO Communications webinar on October 7 and a panel at MJ Unpacked on October 21. These events aim to enhance investor relations and discuss current market trends in the cannabis sector.

Green Flower announced that Jushi Holdings (JUSHF) and Nichole Upshaw, Jushi's EVP of HR, are founding members of the GF Institute's inaugural Steering Committee. GF Institute aims to establish industry-recognized credentials for cannabis professionals, enhancing credibility and professionalism. Upshaw will provide HR insights to ensure the credentials align with industry standards. The initiative addresses the cannabis workforce's need for standardized education, promoting skills that support Jushi's strategic objectives, with a Founding Member application deadline of December 31, 2021.

Jushi Holdings has launched a new cannabis delivery pilot program in Virginia. The company received approval from the Virginia Board of Pharmacy to sell two new flower brands, The Bank and Sèche, to registered medical patients. The Bank features three product lines: Gold Standard, Cache, and Vault, while Sèche offers fine grind, fine flower, and pre-rolls. Jushi aims to expand its retail footprint in Virginia, enhancing patient access to cannabis products. The successful pilot delivery program has led to increased demand, prompting expansion initiatives.

Jushi Holdings has announced the opening of its 22nd BEYOND / HELLO™ retail location, specifically in Colwyn, Pennsylvania, effective September 8, 2021. This marks the 15th medical marijuana dispensary in the state and the 7th in the Greater Delaware Valley region. The new dispensary aims to enhance patient access to medical marijuana, featuring a licensed pharmacist on-site for assistance. Operating hours will be Tuesday through Saturday from 10:00 a.m. to 6:00 p.m., indicating Jushi's ongoing commitment to expanding its market presence.