Jushi Holdings (JUSHF) announced the execution of a modification to its existing secured commercial loan with FVCBank. In connection with the modification: the Company has received an additional $4,000,000 of loan proceeds, the maturity date of the loan has been extended to September 18, 2030, and the interest rate floor has been lowered from 8.25% to 7.50%. The loan, as modified, remains principally secured by the Company’s cultivation and manufacturing facility located in Manassas, Virginia. The additional loan proceeds will be used for capital expenditures, working capital and other corporate purposes.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JUSHF:
- Jushi Holdings Expands Ohio Presence with New Parma Dispensary
- Jushi Holdings announces grand opening of Beyond Hello Parma in Ohio
- Jushi Holdings Inc. Reports Mixed Earnings Call
- Jushi Holdings price target raised to C$1.10 from C$0.90 at Canaccord
- Jushi Holdings Inc. Reports Growth and Strategic Expansion in Q2 2025