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://ibn.fm/T1KCd
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.
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