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An update from Jushi Holdings ( (TSE:JUSH) ) is now available.
James Cacioppo, CEO of Jushi Holdings Inc., has acquired additional securities of the company through a private offering, which includes a warrant to purchase subordinate voting shares. This acquisition increases his and his affiliated entities’ holdings to approximately 19.85% to 19.99% of the company’s outstanding subordinate voting shares, potentially strengthening his influence and signaling confidence in the company’s future prospects.
More about Jushi Holdings
Jushi Holdings Inc. is a vertically integrated cannabis company led by an industry-leading management team. The company focuses on building a multi-state portfolio of branded cannabis assets through opportunistic acquisitions, distressed workouts, and competitive applications. Jushi aims to maximize shareholder value while delivering high-quality products across all levels of the cannabis ecosystem.
Average Trading Volume: 81,480
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$92.45M
See more insights into JUSH stock on TipRanks’ Stock Analysis page.
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