Jushi Holdings Expands Shayo Cannabis Brand to Nevada Market

Jushi Holdings ( (TSE:JUSH) ) just unveiled an announcement.

Jushi Holdings Inc. has announced the expansion of Shayo, a cannabis-infused wellness brand co-created with Real Housewives star Stacey Rusch, into the Nevada Adult-Use Market. Following its success in Virginia’s medical market, Shayo’s fruit chews are now available to Nevada consumers, coinciding with BravoCon weekend. This launch represents a strategic move to introduce Shayo to one of the most dynamic adult-use markets in the U.S., potentially enhancing Jushi’s market presence and appealing to a broader audience seeking balance and joy through cannabis.

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 led by an industry-leading management team. The company focuses on building a multi-state portfolio of branded cannabis assets through acquisitions, distressed workouts, and competitive applications, aiming to maximize shareholder value while delivering high-quality products across the cannabis ecosystem.

Average Trading Volume: 117,188

Technical Sentiment Signal: Buy

Current Market Cap: C$196.7M

For a thorough assessment of JUSH stock, go to TipRanks’ Stock Analysis page.