Twitter Facebook LinkedIn YouTube

New Listing: Jushi Holdings Inc. (CSE:JUSH)

Video Platform Video Management Video Solutions Video Player

Jushi Holdings is a globally focused, multi-state cannabis and hemp operator targeting retail, distribution, cultivation, and processing operations for both medical and adult use.

Additional Information:

Company: Jushi Holdings Inc.
Website: http://www.jushico.com
Stock Symbol: CSE: JUSH
Date Published: Dec 10, 2019
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Jushi Holdings Inc. is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “JUSH”, having previously traded on the NEO Exchange.

Jushi Holdings is a globally focused, multi-state cannabis and hemp operator targeting retail, distribution, cultivation, and processing operations for both medical and adult use.

Jim Cacioppo, CEO and Chairman, stated: “We are grateful to the NEO Exchange for the support that they provided to us as a newly public company. Now, as we plan to begin trading on the CSE, we are excited to list among our U.S. cannabis peers. We believe that the CSE provides increased visibility with the investment community and, in turn, opportunity to further create shareholder value through stock awareness and market exposure.”

Since its incorporation, Jushi’s strategic approach to its business has been to target large, adult use markets such as California, Colorado and Nevada, as well as limited license medical markets such as Illinois, New York, Ohio, Pennsylvania and Virginia.

The company has adopted or purchased controlling interests in existing licenses as well as made applications for licenses directly.

Jushi currently has cannabis operations and/or holds, directly or indirectly, licenses in the adult use and/or
medicinal cannabis marketplace in Nevada, Pennsylvania and Virginia, with ongoing expansion and buildout plans in California and in states in the Midwest and plans to expand to Europe.

Jushi operates a hemp/CBD business with operations in New York pursuant to hemp-CBD processor
license issued by the state of New York.

The company is also targeting retail sales of hemp-derived CBD in New York and other states.

Through its subsidiary Sound Wellness, Jushi is building out a vertically integrated hemp derived CBD company.

Sound Wellness expects to sell hemp extracts at the wholesale and retail level through a variety of consumer brands.

The shares are trading at $1.53.

For more information, please visit the company’s website www.jushico.com, contact Lisa Forman, Vice President of Investor Relations, at 646-859-8397 or by email at investors@jushico.com.

I’m Megan Edwards for Investmentpitch Media