Jushi Holdings Expands Ohio Presence with New Parma Dispensary

Jushi Holdings ( (TSE:JUSH) ) has issued an announcement.

Jushi Holdings Inc. has announced the grand opening of its Beyond Hello™ Parma dispensary in Ohio, marking its sixth location in the state and 41st nationwide. This expansion highlights Jushi’s commitment to Ohio’s growing cannabis market, offering a wide range of premium cannabis products and a personalized retail experience. The new store is strategically located to serve the Cleveland area, further reinforcing Jushi’s investment in Ohio’s cannabis industry.

The most recent analyst rating on (TSE:JUSH) stock is a Hold with a C$0.50 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 is primarily impacted by its weak financial performance, characterized by high leverage and negative profitability. While technical analysis shows some positive trends, the valuation remains unattractive due to ongoing losses. The earnings call provided some optimism with revenue growth and operational improvements, but regulatory uncertainties and cash flow challenges continue to pose significant risks.

To see Spark’s full report on TSE:JUSH stock, click here.

More about Jushi Holdings

Jushi Holdings Inc. is a vertically integrated, multi-state cannabis operator focused on building a portfolio of branded cannabis assets through acquisitions and competitive applications. The company aims to maximize shareholder value by delivering high-quality products across the cannabis ecosystem.

Average Trading Volume: 132,331

Technical Sentiment Signal: Buy

Current Market Cap: C$181M

For an in-depth examination of JUSH stock, go to TipRanks’ Overview page.