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Jushi Holdings Slashes Net Loss, Adds 300+ Weed Products And Refinances Facility Debt All In Q2 2024
Wednesday, August 7, 2024 - 7:32pm | 716Jushi Holdings Inc. (OTC: JUSHF) has announced its financial results for the second quarter ended June 30, 2024, showcasing significant operational improvements and strategic developments. The company reported a net loss of $1.9 million, a considerable improvement from a $14.0 million loss in Q2...
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$514M Tax Breaks Await This Marijuana Company With Rescheduling, Market Cap Set To Soar
Wednesday, May 22, 2024 - 3:27pm | 986Jushi Holdings Inc. (OTC: JUSHF) is poised for substantial growth with potential adult-use cannabis legalization in Ohio and Pennsylvania as well as continuous expansion in Virginia’s medical market. According to Zuanic & Associates, financial projections show significant...
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Jushi Holdings Q1 2024: Cannabis Gross Margin Climbs To 49.4%, Net Loss Widens To $18.4M
Thursday, May 9, 2024 - 7:43pm | 405Jushi Holdings Inc. (OTC: JUSHF), a leading multi-state cannabis operator, reported its financial outcomes Thursday for the first quarter of 2024, highlighting advancements in profitability and operational efficiency. Jim Cacioppo, CEO of Jushi, expressed satisfaction with the company's...
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Jushi Beats All Expectations: Cannabis Company Surpasses Analysts' 4Q23 Sales And Profit Forecasts
Thursday, March 14, 2024 - 7:08pm | 691The multi-state cannabis company Jushi Holdings (OTC: JUSHF), reported a significant increase in unique patient visits in Virginia, indicating robust growth in the fourth quarter of 2023. Sales reached $67.8 million, exceeding the FactSet consensus of $65.3 million, while adjusted EBITDA stood at $...
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Data-Driven Insights Power Jushi's Product Releases And Profits, CEO Notes In Q4 & 2023 Financial Results
Wednesday, March 13, 2024 - 6:43pm | 573Jushi Holdings Inc. (CSE: JUSH) (OTC: JUSHF) maintained robust gross profit margins of 40.2% in Q4 2023 and 43.1% for the fiscal year 2023. Jim Cacioppo, CEO, highlighted operational efficiencies and new product launches, leveraging proprietary retail data and consumer insights. Cacioppo stated:...
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Jushi Holdings Revs Up, Unleashing Torque In Pennsylvania And Virginia's Cannabis Expansion
Wednesday, February 21, 2024 - 3:35pm | 1041In a recent comprehensive analysis by senior analyst Pablo Zuanic of Zuanic & Associates, Jushi Holdings (OTC: JUSHF) stands out as a multi-state operator (MSO) with significant market cap upside potential, particularly from developments in Pennsylvania and Virginia. Zuanic underscores Jushi...
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This Cannabis Stock Is Undervalued, Says Top Analyst: Why Jushi Has An Edge In The Market
Wednesday, February 21, 2024 - 9:59am | 1283Zuanic & Associates gave Jushi Holdings Inc. (CSE: JUSH) (OTC: JUSHF) an Overweight rating as the firm begins its coverage of the marijuana company. The analysis underscores Jushi's substantial potential within the cannabis sector, spotlighting its strategic footprint...
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New York Dispensary Worker Faces Legal Situation as State and Federal Marijuana Laws Clash
Wednesday, October 25, 2023 - 5:49pm | 432Although recreational marijuana is legal in New York, Jumal George, a New York marijuana dispensary worker, is currently being held at Rikers Island due to a cannabis-related felony charge stemming from an outstanding warrant in Pennsylvania. According to The City, he was initially detained for...
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High Capex, High Rewards: Analyst Looks At Cannabis MSOs' Strategies
Wednesday, October 18, 2023 - 3:16pm | 1244As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...
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Cannabis Tax Changes Could Trigger 504% Cash Flow Leap, Which Industry Players Will Benefit?
Thursday, August 31, 2023 - 4:34pm | 629The Department of Health and Human Services' recommendation to reclassify marijuana as a Schedule III drug under the Controlled Substances Act set off ripples across the cannabis market. One day following Wednesday's news, MSOS ETF (ARCA: MSOS) surged by 21%. Notable companies also...
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Health Dept Decision To Move Cannabis To Lower-Risk Category: Bull Case Narrative For The Industry
Thursday, August 31, 2023 - 1:45pm | 758Recent news that the Department of Health and Human Services (HHS) is recommending the reclassification of marijuana as a Schedule III drug under the Controlled Substances Act has ignited significant market reactions. On the day following the report, MSOS ETF (ARCA: MSOS) surged...
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Missouri Recreational Marijuana Sales And Their Impact On Illinois' Market, An Expert's View
Thursday, February 9, 2023 - 6:59pm | 818Once Missouri rolled out recreational cannabis sales "all 200 medical dispensaries have converted or will soon convert to recreational," said Cantor Fitzgerald's Pablo Zuanic. Zuanic contends the state could reach $1.6 billion in sales in 2-3 years. The...
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Cannabis MSOs Are Refinancing At Higher Costs, Check Their Balance Sheets Analyst Advises
Sunday, January 8, 2023 - 10:11am | 726Even top multi-state operators (MSOs) are feeling the impact of the demand and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs. "As we continue...
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Whoa, How Much? CA's Canabis Industry Owes A Quarter-Billion Dollars In Back Taxes
Friday, December 9, 2022 - 3:54pm | 658California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes. According to Green Market Report, the cannabis sector "as a whole was carrying $250,410,890 in unpaid sales and cannabis taxes, out of a $4.4 billion total in taxes due.” The report cited data...
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Jushi Holdings Will Soon Announce 3Q, Analyst Puts Price Target At $2.25 And Maintains Neutral Rating
Thursday, November 3, 2022 - 5:39pm | 903Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) will announce its financial results for the third quarter before the market opens on Monday, November 14, 2022. Meanwhile, What Does The Data Say? An Expert's Analysis Cantor Fitzgerald's Pablo Zuanic offered an...