JUSHF Cannabis & Hemp News

03/26/2020 - 1:09pm
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Jushi Holdings Inc. Provides Shareholder Update on Operations - Cannabis Business Times
Jushi Holdings Inc. Provides Shareholder Update on Operations Cannabis Business Times (Cannabis)
03/26/2020 - 1:05pm
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Jushi Holdings Inc. Provides Shareholder Update on Operations - Cannabis Dispensary
Jushi Holdings Inc. Provides Shareholder Update on Operations Cannabis Dispensary (Cannabis)
03/26/2020 - 12:53pm
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Jushi Holdings Inc. Provides Shareholder Update on Operations
BOCA RATON, Fla., March 25, 2020 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Jushi Holdings Inc. , a globally focused, multi-state cannabis and hemp operator, is providing shareholders with an update on its operations during the month of March, and its company-wide response to COVID-19. Jushi maintains that the health and safety of its patients, customers and employees is the company’s number one priority during this global crisis.As of March 25, Jushi’s dispensaries received the “life-sustaining” business designation in Pennsylvania and the “essential services” designation in Illinois. As a result, the company’s six dispensaries in Pennsylvania, operating under the brand “BEYOND/HELLO,” and its two dispensaries in Illinois, operating under the brand “The Green Solution” (transitioning to BEYOND/HELLO branding later this year), will remain open. The company acquired the two Illinois dispensaries on January 30 and has subsequently begun serving adult-use customers at its Sauget location as of... (Branding, Cannabis, Cannabis and Hemp, Cleaning, Hemp, Illinois, Pennsylvania, Products, United States, Dispensaries)
03/25/2020 - 4:45pm
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The Daily Hit: March 25, 2020
It’s time for your Daily Hit of cannabis financial news for March 25, 2020. On The Site Top Cannabis Legal Firms In these trying times, it’s always good to have an excellent lawyer on your side. A strong contract goes a long way towards protecting your interests and if you find yourself in a dispute, you certainly want someone who understands your business and can work with cannabis companies. Green Market Report compiled this list with assistance from the Cannabis Law Report . We separated the list into two categories: cannabis only legal firms and large cannabis divisions within larger firms. We put them in alphabetical order and there is no ranking. Also, no free legal advice was given to get on this list nor did anyone pay to be included. EcoWaste Interview with Arman Zeytounyan, CEO and Co-Founder of EcoWaste in California The “Beast” in this scenario is cannabis sustainability, and the distinct lack thereof. The market for change is wide open, and here’s the perspective of one... (Beverage, Branding, California, Cannabis, CBD, Compliance, Development, Food, Foods, Hemp, Illinois, Law, Management, Partnerships, Pennsylvania, Products, Regulations, United States, THC, Dispensaries, Security)
03/25/2020 - 9:07am
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Jushi’s Beyond Hello Dispensaries To Remain Open During Pandemic
Multi-state operator Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) said that its dispensaries received the “life-sustaining” business designation in Pennsylvania and the “essential services” designation in Illinois. As a result, the company’s six dispensaries in Pennsylvania, operating under the brand “BEYOND/HELLO,” and its two dispensaries in Illinois, operating under the brand “The Green Solution” (transitioning to BEYOND/HELLO branding later this year), will remain open. The Company is announcing several initiatives prioritizing its medical patients and customers most susceptible to COVID-19 during the pendency of the COVID-19 outbreak: Pennsylvania – Effective immediately, BEYOND/HELLO dispensaries will only serve patients 50 years or older in the first hour of operations. Curbside pick-up will begin to be offered at three PA dispensaries starting March 30th. Curbside pick-up available at Bristol, West Chester and Scranton PA locations. Sauget, Illinois – Beginning March 30th,... (Acquisition, Branding, Illinois, Pennsylvania, United States, Dispensaries)
03/20/2020 - 11:19am
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How Can You Access Legal Weed via Delivery (or Otherwise) During Coronavirus?
At 6pm on Monday, March 16th, the line of patients waiting to purchase cannabis at a popular Berkeley, California dispensary stretched 40 people deep . Normally, such a sight would be cause for celebration, but in the midst of a global pandemic , the optics were a snapshot of the issues faced by cannabis operators in a time of self-quarantine. By the following day, the neighboring city of San Francisco would be under a “shelter in place” order, requiring all residents to stay indoors except for certain, “essential” activities. Likewise, businesses were instructed to close, not including vital services like restaurants, pharmacies, and grocery stores. Members of the cannabis industry and advocates alike vociferously protested the exclusion of cannabis as an “essential” service (and thus one which would be allowed to continue modified operations for the duration of the order). Eventually, San Francisco’s Department of Public Health relented, posting to Twitter that cannabis — both... (Alaska, California, Cannabis, Colorado, Florida, Illinois, Maine, Manufacturing, Massachusetts, Medical Marijuana, Michigan, Nevada, Oklahoma, Oregon, Organic, Pennsylvania, Products, Recreational, Regulations, United States, Vermont, Washington, Dispensaries, Recreational Cannabis, Cultivation)
03/17/2020 - 10:13am
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How Jushi Holdings’ Dispensaries Are Working One-on-One With Customers During Coronavirus Outbreak
Cannabis dispensaries across the U.S. and the rest of the world are adjusting their approach to public health, fine-tuning interactions with customers and patients to ensure a safe environment for all (including, of course, employees on the front lines of the business).Blythe L. Huestis, vice president of retail operations for Jushi Holdings, says that the company worked with its team of medical professionals to device best practices in these uncertain times. Jushi Holdings operates dispensaries in New York and Pennsylvania (as the Beyond/Hello retail brand) and in Illinois (as the recently acquired TGC brand, soon to be converted to Beyond/Hello).“Our efforts are to protect the well-being of our customers and our employees, as well as the communities we work in,” she says.Jushi’s latest heath and safety policies lean heavily on guidance from the Centers for Disease Control and Prevention, bringing effective “social distancing” practices into the retail environment. At the TGS... (Cannabis, Illinois, New York, Pennsylvania, Products, United States, Dispensaries)
03/06/2020 - 8:45am
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Jushi Holdings Inc. Adds Four Senior Executives to Marketing and Finance Teams
Jushi Holdings announced the appointment of Andreas Neumann as Chief... Read the full article " Jushi Holdings Inc. Adds Four Senior Executives to Marketing and Finance Teams " on The Daily Marijuana Observer . (Cannabis, Marketing)
03/02/2020 - 8:54am
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Jushi Announces the Beginning of Adult-Use Cannabis Sales at its Sauget, Illinois Dispensary
Jushi Holdings Inc. announced that one of its two newly acquired Illinois dispensaries... Read the full article " Jushi Announces the Beginning of Adult-Use Cannabis Sales at its Sauget, Illinois Dispensary " on The Daily Marijuana Observer . (Cannabis, Illinois, United States, Dispensaries)
03/02/2020 - 8:20am
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Jushi Announces Adult-Use Cannabis Sales at Illinois Dispensary
Jushi Holdings (CSE: JUSH ,OTCXQ:JUSHF) announced that one of its two newly acquired Illinois dispensaries will open for adult-use cannabis sales today, March 2nd. As quoted in the press release: Jim Cacioppo, Chairman and Chief Executive Officer of Jushi, said, “Following the successful launch of legal adult-use cannabis sales in January, we are very excited to begin serving adult-use customers at our newly acquired Sauget dispensary beginning today, March 2nd. Illinois represents a very attractive market for the Company, and by expanding our product offering to include adult-use cannabis products, we further solidify our position in this fast growing market. We look forward to providing further announcements as we continue to strategically establish our footprint throughout the state.” Click here to read the full press release . Find out what experts are saying about the future of cannabis edibles Read our new report on the 2019 Lift Cannabis Business Conference Give me my free... (Cannabis, Edibles, Growing, Illinois, Investing, Products, United States, Dispensaries)
03/02/2020 - 7:30am
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Jushi Announces the Beginning of Adult-Use Cannabis Sales at its Sauget, Illinois Dispensary - Yahoo Finance
Jushi Announces the Beginning of Adult-Use Cannabis Sales at its Sauget, Illinois Dispensary Yahoo Finance (Cannabis, Illinois, United States)
02/21/2020 - 9:40am
EXCC, JUSHF
Cannabis Dispensary and Cannabis Business Times Magazines Announce the Top 2020 ‘Best Cannabis Companies To Work For’
Cleveland, OH, (February 21, 2020) -- Cannabis Business Times magazine ( Cannabis Business Times ) and Cannabis Dispensary magazine ( Cannabis Dispensary ) announced today the 2020 Best Cannabis Companies To Work For – Dispensaries and Cultivation. Profiles of the companies that earned the distinction as one of the Best Cannabis Companies to Work For are available in the February issue of Cannabis Business Times magazine, and online at CannabisBusinessTimes.com, and in the January/February issue of Cannabis Dispensary magazine, and online at CannabisDispensarymag.com.The award program recognizes the best companies across the cannabis industry that excel in creating quality workplaces for employees. The winners for this year’s awards in the cultivation category are: OGEN By Bloom Cultivation, Calgary, Alberta; The Grove, Las Vegas, Nevada; ONE Cannabis, Denver, Colorado; and Jushi Holdings Inc., Boca Raton, Florida.The winners in the dispensary category are: Greenhouse Wellness,... (Canada, Cannabis, Colorado, Compliance, Florida, Magazines, Marketing, Maryland, Nevada, Regulations, Research, United States, Washington, Dispensaries, Cultivation)
02/21/2020 - 9:00am
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Jushi U.S. Subsidiary Closes Acquisition of Remaining 25% Interest in Two Cannabis Dispensaries in Illinois
Jushi Holdings Inc. closed on its previously announced acquisition of the remaining 25%... The post Jushi U.S. Subsidiary Closes Acquisition of Remaining 25% Interest in Two Cannabis Dispensaries in Illinois appeared first on The Daily Marijuana Observer . (Acquisition, Cannabis, Illinois, United States, Dispensaries)
02/21/2020 - 7:31am
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Jushi U.S. Subsidiary Closes Acquisition of Remaining 25% Interest in Two Cannabis Dispensaries in Illinois - Yahoo Finance
Jushi U.S. Subsidiary Closes Acquisition of Remaining 25% Interest in Two Cannabis Dispensaries in Illinois Yahoo Finance (Acquisition, Cannabis, Illinois, United States, Dispensaries)
02/21/2020 - 7:31am
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Jushi U.S. Subsidiary Closes Acquisition of Remaining 25% Interest in Two Cannabis Dispensaries in Illinois - Yahoo Finance
Jushi U.S. Subsidiary Closes Acquisition of Remaining 25% Interest in Two Cannabis Dispensaries in Illinois Yahoo Finance (Acquisition, Cannabis, Illinois, United States, Dispensaries)
02/19/2020 - 5:02pm
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Multi-State Cannabis Operator Jushi Holdings Bets on Three Core Cannabis Markets to Spur Growth
Exclusive Interview with Jushi Holdings Founder, Chairman, and CEO Jim Cacioppo Multi-state operator Jushi (CSE: JUSH) (OTC: JUSHF) has $65 million in cash on its balance sheet, as of Dec. 31, 2019. Founder, Chairman, and CEO Jim Cacioppo spoke with New Cannabis Ventures about his company’s management team, plans to go deep in its existing states […] (Cannabis, Management)
02/12/2020 - 4:33pm
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Jushi Holdings Inc. Announces Stock Purchase by Founder and Co-President Erich Mauff
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02/11/2020 - 4:40pm
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'A Safe Place to Work': Q&A with Jushi's Clifton Lambert, Sarah Harned and Nichole Upshaw - Cannabis Business Times
'A Safe Place to Work': Q&A with Jushi's Clifton Lambert, Sarah Harned and Nichole Upshaw Cannabis Business Times (Cannabis)
02/11/2020 - 4:36pm
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‘A Safe Place to Work’: Q&A with Jushi’s Clifton Lambert, Sarah Harned and Nichole Upshaw
As vertically integrated multi-state operator Jushi expands—it currently has facilities in Florida, Nevada, Colorado, New York, Virginia and Pennsylvania —it aims to keep diversity a priority.The Boca Raton, Fla.-based operation was ranked No. 2 in Cannabis Dispensary and the Best Company Group’s “Best Companies to Work For – Dispensaries” awards program. It was also ranked No. 4 in Cannabis Business Times and the Best Company Group’s “Best Companies to Work For – Cultivation” program. Jushi answered in responding to the “Best Companies” survey that it employs practices to recruit and retain employees from different ethnicities and cultural backgrounds.RELATED: You can find Jushi’s “Best Companies” profile here , the other “Best Companies – Dispensaries” profiles here and the other "Best Companies – Cultivation” profiles here .Cannabis Dispensary caught up with members of Jushi’s human resources team to discuss hiring diverse candidates and retaining them as employees. These HR team... (Banking, Cannabis, Colorado, Consultants, Facilities, Florida, Illinois, Medical Marijuana, Nevada, New York, Pennsylvania, South Africa, Stocks, Training, United States, Vertically Integrated, Virginia, Dispensaries, Cultivation)
02/07/2020 - 8:28pm
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Jushi U.S. Subsidiary to Acquire Remaining 25% Interest in Two Cannabis Dispensaries in Illinois
Jushi U.S. Subsidiary to Acquire Remaining 25% Interest in Two Cannabis Dispensaries in Illinois Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today announced that its wholly owned subsidiary, Jushi Inc, has entered into an agreement to purchase the remaining approximately 25% interest in TGS Illinois Holdings, LLC (“TGSIH”), subject to approval from the Illinois Department of Financial and Professional Regulation. Jushi Inc currently owns approximately 75% of TGSIH, which through its operating subsidiary, TGS Illinois, LLC, owns and operates two cannabis dispensaries – one in Sauget, IL and one in Normal, IL, previously announced on January 30, 2020 . The dispensaries are located at 2021 Goose Lake Road, Sauget, IL 62206 and 501 West Northtown Road, Normal, IL 61761. Each of the 55 existing medical dispensaries in Illinois have the ability to add a second retail location as well as add adult-use... (Acquisition, Cannabis, Cannabis and Hemp, Compliance, Distribution, Events, Hemp, Illinois, Investment, Investors, Legalization, Management, Media, Products, Regulations, Social Media, Stocks, United States, Dispensaries)
02/07/2020 - 12:24am
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Jushi Holdings Acquires Two Cannabis Dispensaries in Illinois
BOCA RATON, Fla. – Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today announced that its wholly owned subsidiary, Jushi Inc, has become the majority owner of two Illinois medical cannabis dispensaries – one in Sauget, IL and one in Normal, IL – by being […] (Cannabis, Cannabis and Hemp, Hemp, Illinois, Medical Marijuana, United States, Dispensaries)
01/31/2020 - 9:24am
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Jushi Upsizes Financing To $47 Million
While many have complained of capital drying up in cannabis, Jushi Holdings Inc. just upsized its round of financing due to new investors. The company announced the receipt of $35.65 million in proceeds and $9.56m of exchanged debt in connection with its previously announced debt financing. Jim Cacioppo, Chairman, and CEO of Jushi Holdings Inc. stated, “We are pleased with the upsizing of our financing providing working capital that will allow Jushi to continue making progress on its growth objectives and expansion efforts into 2020 and beyond. This capital will support our continued investment in each territory we are currently operating in, positioning Jushi to achieve $200 to $250 million in revenue in 2021.” Jushi has received cash proceeds of $35.65m for debt financing. Additionally, $9.56m of debt assumed in Jushi’s acquisition of TGS Illinois Holdings, Inc. has been exchanged into the Warrant Notes with a slightly different redemption right. Including this exchanged debt, the... (Acquisition, Cannabis, Financing, Illinois, Investment, Investors, Subsidiaries, United States)
01/31/2020 - 8:39am
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Jushi Holdings Inc. Announces Upsizing and Closing of US$47 Million Debt Financing
submitted by /u/j0dd [link] [comments] (Financing)
01/31/2020 - 8:15am
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Jushi Holdings Closes Upsized $47 Million Debt and Warrant Offering
Jushi Holdings Inc. Announces Upsizing and Closing of US$47 Million Debt Financing Total financing is upsized to approximately US$47 million as a result of participation by new investors, additional existing Jushi shareholders and exchanged debt BOCA RATON, Fla., Jan. 31, 2020 /CNW/ — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a […] (Financing, Investors)
01/30/2020 - 7:30pm
CCHWF, CRLBF, GTBIF, JUSHF
Dispensary Race Ignites in Illinois Cannabis Market
At the end of the first month of adult-use sales in Illinois, cannabis companies are pursuing additional dispensaries as a way to expand product availability. The midwestern state’s cannabis market is poised to offer a competitive runway for all public players, given the high demand from consumers and the restrictions in place for opening stores. On Thursday (January 30), Illinois-based Green Thumb Industries (GTI) (CSE: GTII ,OTCQX:GTBIF) confirmed its expansion plans will continue with the opening of its seventh dispensary in its home state. The store, under the banner name Rise, will be located in the city of Quincy and will open this Friday (January 31). Find out what experts say about profiting from the cannabis market! Learn how to profit from the cannabis market! Give me my free report! This represents the second adult-use only store in the portfolio of dispensaries owned by GTI. The Quincy store obtained its license for recreational sales on January 13, according to the... (Cannabis, Edibles, Illinois, Investing, Investment, Investors, Products, Recreational, Regulations, United States, Dispensaries)
01/30/2020 - 9:00am
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Jushi Holdings Enters Illinois Market
https://ir.jushico.com/news-events/press-releases/detail/53/jushi-u-s-subsidiary-becomes-the-owner-of-two-cannabis submitted by /u/stockmarketwiz [link] [comments] (Cannabis, Events, Illinois, United States)
01/30/2020 - 8:42am
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Jushi U.S. Subsidiary Becomes the Owner of Two Cannabis Dispensaries in Illinois
submitted by /u/j0dd [link] [comments] (Cannabis, Illinois, United States, Dispensaries)
01/30/2020 - 8:03am
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Jushi Subsidiary Purchases Two Dispensaries in Illinois
Jushi Holdings (CSE: JUSH ,OTCQX:JUSHF) announced that its wholly owned subsidiary has become the majority owner of two Illinois medical cannabis dispensaries by being transferred a majority stake in their holding company. As quoted in the press release: The Sauget dispensary has been approved for adult-use. The Normal dispensary is eligible to seek approval from the Illinois Department of Financial and Professional Regulation (“IDFPR”) to also become an adult-use dispensary. Each dispensary is eligible to seek approval from the IDFPR to open a second retail location. Each of the 55 existing medical dispensaries in Illinois has the option of adding a second retail location and adding adult-use to the dispensaries. Jushi intends to exercise these options with respect to the two existing dispensaries and have four dispensaries open and operating in 2020 as adult-use storefronts, subject to regulatory approvals. The two existing dispensary locations currently operate as The Green... (Branding, Cannabis, Edibles, Illinois, Investing, Medical Marijuana, Regulations, United States, Dispensaries, Holding Company)
01/08/2020 - 8:43am
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Jushi Holdings Inc. Announces Executive Management Update
submitted by /u/j0dd [link] [comments] (Management)
12/31/2019 - 4:42pm
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Jushi Holdings Inc. Announces Financing Led by Insiders and Founders
BOCA RATON, Fla. – Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today announced the receipt of binding subscriptions totaling US$27.460 million for 10% senior secured notes (“Notes”) and 5-year common stock warrants (the “Warrants” and collectively, the “Offering”). “This financing demonstrates our continued commitment […] (Cannabis, Cannabis and Hemp, Financing, Hemp)
12/23/2019 - 5:22pm
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Jushi Holdings Raises $27.46 Million via 10% Debt with Warrants
Jushi Holdings Inc. Announces US$27.460 Million Debt Financing Led by Insiders and Founders Insiders and founders have committed US$18.5 million Financing will provide additional working capital to accelerate the investment in growth within each key market and seek to deliver value to shareholders BOCA RATON, Fla., Dec. 23, 2019 /CNW/ — Jushi Holdings Inc. (“Jushi” […] (Financing, Investment)