Jushi Holdings Inc. reports operating, financial, and governance developments as a vertically integrated, multi-state cannabis operator traded on the OTCQX under JUSHF. Company updates cover quarterly and annual results, dispensary openings, cultivation performance, product availability, Jushi-branded cannabis products, and regulatory developments in state cannabis markets.
Recurring announcements also address capital structure and liquidity actions, including debt arrangements, subordinate voting share disclosures, executive compensation matters, early warning reports, shareholder voting topics, and other governance events tied to the company’s public-company reporting.
Jushi Holdings Inc. announced the opening of its 28th retail location, BEYOND / HELLO™ Pottsville, serving Pennsylvania medical marijuana patients from December 20. Positioned in the old Schuylkill Trust Co. building, it's the only dispensary within a 30-minute radius. The store offers a variety of products including dried leaf, concentrates, and more, along with an efficient service experience led by licensed pharmacists. This expansion aligns with Jushi's mission to enhance access to medical marijuana across Pennsylvania.
Jushi Holdings Inc. will open its 27th nationwide dispensary at the BEYOND / HELLO™ Pittsburgh location on December 15 at 10:00 a.m.. This marks the 17th dispensary in Pennsylvania and the third in the Greater Pittsburgh area. Situated in a prime location within Pittsburgh's entertainment district, the new store will provide an enhanced shopping experience for medical marijuana patients, featuring online reservations and an express pickup service. Jushi continues to expand its footprint in Pennsylvania, aiming to meet the growing demand for medical marijuana.
Jushi Holdings Inc. (CSE: JUSH, OTCQX: JUSHF) is participating in four key cannabis conferences in December 2021. Highlights include:
- Global Cannabis Intelligence’s Virtual Summit: Featuring Andreas Neumann on December 7.
- NACB’s 2nd Annual Social Equity Conference: Nichole Upshaw discusses workplace DEI on December 9.
- CannaVest West at NCIA's Business Summit: Olivier Blechner and Trent Woloveck lead panels on December 16.
- NCIA’s 7th Annual Cannabis Business Summit: Nichole Upshaw on workforce cultivation on December 17.
For more details or investor meetings, contact Jushi’s Investor Relations.
Jushi Holdings has released the results of its inaugural Cannabis Consumer Insights Holiday poll, indicating that 91% of cannabis consumers in adult-use states plan to incorporate cannabis into their holiday celebrations. The survey, conducted among 1,000 respondents, also revealed that 76% intend to give cannabis or related products as gifts this season. The popular product choices are flower, pre-rolls, and edibles. Spending patterns show that 27% typically spend $100 to $150 monthly on cannabis. This data highlights a significant trend in cannabis consumption and gifting during the holiday season.
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.