CannabisNewsBreaks – Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) Announces Upsizing of Financing, Working Capital to Continue Progress on Growth Objectives and Expansion Efforts

Jushi Holdings (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today announced the receipt of $35.65 million in proceeds and $9.56m of exchanged debt in connection with the Company’s previously announced debt financing. “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,” Jushi Chairman and CEO Jim Cacioppo said in the news release. “This capital will support our continued investment in each territory we are currently operating in, positioning Jushi to achieve US$200 to $250 million in revenue in 2021.”

To view the full press release, visit http://cnw.fm/06BiO

About Jushi Holdings Inc.

Jushi Holdings is a globally focused cannabis and hemp company led by an industry leading management team. In the United States Jushi is focused on building a multi-state portfolio of branded cannabis and hemp-derived assets through opportunistic acquisitions, distressed workouts and competitive applications. Jushi strives to maximize shareholder value while delivering high quality products across all levels of the cannabis and hemp ecosystem. For more information, please visit www.JushiCo.com.

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Jushi Holdings Inc.’s (NEO: JUSH.B) (OTCQX: JUSHF) BEYOND / HELLO(TM) Retail Chain Opens Two New Medical Marijuana Dispensaries in Pennsylvania

BEYOND / HELLO(TM), a premier retail chain owned by Jushi Holdings (NEO: JUSH.B) (OTCQX: JUSHF), recently announced the opening of two new retail locations. The dispensaries, located in Scranton and Johnstown, PA, opened after receiving approval from the Pennsylvania Department of Health. The stores will carry an assortment of medical marijuana products including dry leaf, oils and oil cartridges, concentrates, pills, capsules, tinctures, topicals and many ancillary products. Each location will have a team of experienced staff as well as a licensed pharmacist on-site to dispense products, answer questions and provide service to patients and caregivers. “As we strategically expand our footprint across the Commonwealth, our goal is to bring more patients access to state-approved medicinal treatments that work for them,” BEYOND / HELLO President Blythe Huestis stated in the news release. “With the opening of our Scranton and Johnstown locations, we are providing patients and caregivers increased access to some of the best medicinal treatments and professional expertise available. In addition, these openings will create roughly 50 new, livable-wage jobs in the communities they serve.”

To view the full press release, visit http://cnw.fm/IpE0H

About Jushi Holdings Inc.

Jushi Holdings is a globally-focused cannabis and hemp company led by an industry leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis and hemp-derived assets through opportunistic acquisitions, distressed work-outs and competitive applications. Jushi strives to maximize shareholder value while delivering high quality products across all levels of the cannabis and hemp ecosystem. For more information, visit the company’s website at www.JushiCo.com.

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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CannabisNewsBreaks – Jushi Holdings Inc. (NEO: JUSH.B) (OTCQX: JUSHF) Chairman and CEO Purchases 300,000 Subordinate Voting Shares

Jushi Holdings (NEO: JUSH.B) (OTCQX: JUSHF), a globally focused, multi-state cannabis and hemp operator, recently announced that One East Partners, LP acquired 300,000 Class B subordinate voting shares of the company at price of C$2.20 each for a total purchase price of C$660,000 pursuant to a private agreement exemption. One East purchased the shares from two sellers at less than 115% of the market price, in accordance with National Instrument 62-104 – Take-Over Bids and Issuer Bids. Jim Cacioppo serves as Managing Director and sole partner of One East in addition to his role as Jushi Holdings’ chairman and CEO. As a result of this transaction, Cacioppo, together with his joint actors, owns 114,000 Class A super voting shares of the company and 1,656,092 subordinate voting shares, equaling an estimated 41.62% voting interest in the company. “This off-market purchase of Jushi shares via One East is reflective of my confidence in the company’s expansive vision of creating an integrated global cannabis and hemp operator. The company’s strong performance and strategic investments in limited license markets place us on the path of building long-term shareholder value. The company’s success is marked by investing in the future growth that we expect to achieve in the cannabis and hemp industry, underpinning our mission of returning excess capital to shareholders,” Jim Cacioppo stated in the news release.

To view the full press release, visit http://cnw.fm/bbcH2

About Jushi Holdings Inc.

Jushi Holdings is a globally-focused cannabis and hemp company led by an industry leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis and hemp-derived assets through opportunistic acquisitions, distressed work-outs and competitive applications. Jushi strives to maximize shareholder value while delivering high quality products across all levels of the cannabis and hemp ecosystem. For more information, visit the company’s website at www.JushiCo.com.

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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