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Jushi Holdings ( (TSE:JUSH) ) just unveiled an announcement.
Jushi Holdings Inc. has partnered with Stacey Rusch, a Real Housewives of Potomac star, to launch a new cannabis-infused wellness brand, Shayo, in Virginia’s medical cannabis market. The brand features rosin-infused fruit chews designed with specific cannabinoid profiles, offering a premium, vegan, and gluten-free edible experience. The early success of Shayo has exceeded expectations, and the products are available at Beyond Hello locations in Virginia, with plans for wider distribution.
The most recent analyst rating on (TSE:JUSH) stock is a Buy with a C$1.30 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 faces significant financial and operational challenges, reflected in weak financial performance and negative valuation metrics. While there are positive developments in strategic expansions and operational improvements, these are overshadowed by financial instability and market skepticism. The stock remains a high-risk investment.
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 through acquisitions, workouts, and applications. The company aims to maximize shareholder value by delivering high-quality products across the cannabis ecosystem.
Average Trading Volume: 80,544
Technical Sentiment Signal: Sell
Current Market Cap: C$74.74M
For detailed information about JUSH stock, go to TipRanks’ Stock Analysis page.