Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Jushi Holdings ( (TSE:JUSH) ) has provided an announcement.
Jushi Holdings Inc. has amended the employment agreement of its CEO, Jim Cacioppo, to manage near-term working capital requirements. The amendments involve replacing his cash bonus and stock options with a reduced cash payment and restricted shares, reflecting strategic financial adjustments approved by independent directors to support the company’s operations.
The most recent analyst rating on (TSE:JUSH) stock is a Hold with a C$0.67 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.
Spark’s Take on TSE:JUSH Stock
According to Spark, TipRanks’ AI Analyst, TSE:JUSH is a Neutral.
Jushi Holdings’ overall stock score reflects significant financial challenges and valuation concerns, despite positive corporate events and some operational improvements. High leverage and ongoing losses are major risks, while strategic expansions and improved cash flows offer some optimism.
To see Spark’s full report on TSE:JUSH stock, click here.
More about Jushi Holdings
Jushi Holdings Inc. is a vertically integrated cannabis company focused on building a multi-state portfolio of branded cannabis assets. The company aims to maximize shareholder value by delivering high-quality products across the cannabis ecosystem through acquisitions, distressed workouts, and competitive applications.
Average Trading Volume: 107,851
Technical Sentiment Signal: Buy
Current Market Cap: C$212.4M
For a thorough assessment of JUSH stock, go to TipRanks’ Stock Analysis page.