Jushi Holdings (JUSH) AI Stock Analysis

• Market Cap: C$167.19M
• Dividend Yield: N/A
• Average Volume (3M): 116.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: 0.31%
• EPS Growth: -1.42%
• Country: CA
• Employees: 1,234
• Sector: Healthcare
• Sector Strength: 45
• Industry: Drug Manufacturers - Specialty & Generic
• EPS (TTM): -0.08
• Shares Outstanding: 196,696,600
• 10 Day Avg. Volume: 63,784
• 30 Day Avg. Volume: 116,573
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.10
• Price Target Upside: 29.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: C$0.50 ▼(-41.18% Downside)

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.

Jushi Holdings Business Overview & Revenue Model

Company Description

Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products. It focuses on building a portfolio of cannabis assets in various jurisdictions in Pennsylvania, Virginia, Ohio, Illinois, California, Nevada, and Massachusetts. The company also offers hemp-based CBD products, including cannabidiol supplements, tinctures, capsules, softgels, and topicals under The Bank, The Lab, Nira+ Medicinals, Seche, Tasteology, and Nira brands. As of August 25, 2022, it operated 35 BEYOND/HELLO retail locations. The company was incorporated in 2007 and is headquartered in Boca Raton, Florida.

How the Company Makes Money

Jushi Holdings makes money through its diversified operations in the cannabis industry, primarily by selling cannabis products across its retail dispensaries and wholesale channels. The company's key revenue streams include retail sales from its BEYOND / HELLO branded dispensaries, where it offers a wide range of cannabis products such as flower, concentrates, edibles, and topicals. Additionally, Jushi generates revenue through wholesale distribution, selling its branded products to other dispensaries and third-party retailers. The company also benefits from vertical integration, allowing it to control the supply chain from cultivation to retail, thus optimizing margins. Partnerships with other cannabis brands and expansion into emerging markets further contribute to Jushi's revenue growth.

Jushi Holdings Financial Statement Overview

Summary

Jushi Holdings faces significant financial challenges, with negative net income and high leverage. While revenue growth is positive, profitability remains elusive, and the balance sheet is strained by high debt levels. Cash flow generation is weak, further complicating financial stability.

Income Statement

Jushi Holdings shows a mixed performance in its income statement. The company has a positive revenue growth rate of 17.6% TTM, indicating a growing top line. However, the net profit margin remains negative at -18.54% TTM, reflecting ongoing profitability challenges. The gross profit margin is relatively healthy at 43.67% TTM, but the negative net income suggests cost management issues. The EBIT and EBITDA margins are modest at 8.90% and 20.70% TTM, respectively, indicating some operational efficiency but insufficient to drive profitability.

Balance Sheet

The balance sheet of Jushi Holdings reveals significant financial leverage, with a concerning debt-to-equity ratio of -3.99 TTM, indicating high debt levels relative to negative equity. The return on equity is positive at 106.07% TTM, but this is due to the negative equity base, which distorts the metric. The equity ratio is negative, reflecting a precarious financial position with liabilities exceeding assets, posing a risk to financial stability.

Cash Flow

Cash flow analysis shows challenges in liquidity management. The free cash flow growth rate is significantly negative at -76.75% TTM, indicating a decline in cash generation. The operating cash flow to net income ratio is 0.37 TTM, suggesting limited cash flow relative to net losses. The free cash flow to net income ratio is 0.65 TTM, showing some ability to generate cash despite net losses, but overall cash flow remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	256.36M	257.52M	363.67M	284.28M	209.29M	80.77M
Gross Profit	108.11M	118.30M	142.49M	95.48M	87.37M	43.07M
EBITDA	44.77M	50.72M	40.96M	-121.65M	86.37M	-181.90M
Net Income	-57.83M	-48.78M	-87.87M	-273.94M	20.25M	-211.87M
Balance Sheet
Total Assets	432.37M	440.32M	611.03M	529.34M	677.91M	359.28M
Cash, Cash Equivalents and Short-Term Investments	23.21M	19.52M	38.44M	26.20M	94.96M	93.79M
Total Debt	268.83M	271.13M	394.04M	321.20M	246.09M	95.07M
Total Liabilities	510.21M	490.56M	621.08M	483.45M	494.82M	357.53M
Stockholders Equity	-78.14M	-50.23M	-8.22M	47.28M	184.48M	-177.00K
Cash Flow
Free Cash Flow	3.39M	16.86M	-18.98M	-78.30M	-72.74M	-25.43M
Operating Cash Flow	15.12M	21.57M	-4.48M	-21.42M	1.58M	-3.72M
Investing Cash Flow	-12.86M	-7.07M	0.00	-80.86M	-112.48M	-44.73M
Financing Cash Flow	-12.06M	-24.46M	0.00	33.98M	120.81M	95.41M

Jushi Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JUSH, the sentiment is Neutral. The current price of 0.85 is below the 20-day moving average (MA) of 0.94, below the 50-day MA of 0.87, and above the 200-day MA of 0.55, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.18 is Neutral, neither overbought nor oversold. The STOCH value of 42.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:JUSH.

Jushi Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DB	76 Outperform	C$74.97M	5.00	13.88%	―	-0.53%	―
OGI	66 Neutral	C$317.01M	78.67	2.02%	―	38.86%	―
EPIC	58 Neutral	C$28.85M	16.55	6.03%	―	34.71%	―
TSND	54 Neutral	C$377.13M	-1.84	-100.01%	―	-12.25%	-47.36%
LABS	45 Neutral	C$29.45M	-3.35	-21.74%	―	17.74%	37.61%
JUSH	44 Neutral	C$167.19M	―	155.52%	―	0.31%	-1.42%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

Jushi Holdings Corporate Events

Jushi Holdings and Stacey Rusch Launch New Cannabis Brand ‘Shayo’

Jushi Holdings Inc. has partnered with Stacey Rusch, a Real Housewives of Potomac star, to launch a new cannabis-infused wellness brand, Shayo, in Virginia’s medical cannabis market. The brand features rosin-infused fruit chews designed with specific cannabinoid profiles, offering a premium, vegan, and gluten-free edible experience. The early success of Shayo has exceeded expectations, and the products are available at Beyond Hello locations in Virginia, with plans for wider distribution.

The most recent analyst rating on (TSE:JUSH) stock is a Buy with a C$1.30 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.

Jushi Holdings Announces Shareholder Meeting Results and Auditor Appointment

Jushi Holdings Inc. announced the results of its annual shareholders’ meeting, where the number of directors was set at five, and all nominated directors were elected. Additionally, Macias Gini & O’Connell LLP was appointed as the auditor for the company. These decisions are expected to strengthen Jushi’s governance and operational oversight, potentially enhancing its market position and stakeholder confidence.

The most recent analyst rating on (TSE:JUSH) stock is a Buy with a C$1.30 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.

Jushi Holdings Reports Q1 2025 Financial Results and Expansion Plans

Jushi Holdings Inc. reported a net loss of $17 million for the first quarter of 2025, despite a 22.8% increase in adjusted EBITDA to $9.8 million. The company continues its retail-first expansion strategy with plans to open additional stores by year-end and has strengthened its balance sheet through strategic transactions, enhancing its capital structure and liquidity to support ongoing growth. The introduction of new products and expansion in key markets like Ohio and Pennsylvania are part of Jushi’s efforts to maintain profitability and top-line growth amid industry challenges.