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Jushi Holdings ( (TSE:JUSH) ) has shared an update.
Jushi Holdings Inc. has announced the opening of its first dispensary in New Jersey, Beyond Hello™ Little Ferry, marking its entry into the state’s cannabis market and expanding its national retail presence to 42 locations. This new dispensary, strategically located in Bergen County, offers a wide selection of premium cannabis products and aims to provide a modern, inclusive shopping experience, enhancing Jushi’s industry positioning and serving both local consumers and commuters in the Northern New Jersey/New York metropolitan area.
The most recent analyst rating on (TSE:JUSH) stock is a Buy with a C$2.00 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, with negative net income and high leverage being the most impactful factors. While there is some positive momentum in retail revenue growth and operational efficiency, these are overshadowed by weak cash flow and valuation concerns. Technical indicators suggest mixed market sentiment, and regulatory uncertainties add further risk.
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 opportunistic acquisitions, distressed workouts, and competitive applications.
Average Trading Volume: 117,188
Technical Sentiment Signal: Buy
Current Market Cap: C$196.7M
See more data about JUSH stock on TipRanks’ Stock Analysis page.