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Jushi Holdings Inc. (C:JUSH)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 301 Yamato Road, Suite 3250
BOCA RATON FL 33431
Tel: N/A
Website: https://jushico.com
IR: See website
Key People
James Cacioppo
Chairman of the Board, Chief Executive Officer, Founder
Louis J. Barack
President, Co-Founder
Michelle O. Mosier
Chief Financial Officer, Chief Accounting Officer
Nichole Upshaw
Chief People Officer
Shaunna Patrick
Chief Commercial Director
Trenton Woloveck
Chief Strategy Director
Tobi Lebowitz
Chief Legal Officer and Corporate Secretary
   
Business Overview
Jushi Holdings Inc. is a vertically integrated, multi-state cannabis operator, which is engaged in retail, distribution, cultivation, and processing operations in both medical and adult-use markets. The Company owns or manages cannabis operations and/or holds licenses in the adult-use and/or medicinal cannabis marketplace in Illinois, Pennsylvania, Virginia, Massachusetts, Nevada, California and Ohio. Its brands include The Bank, The Lab, Seche, Tasteology and Hijinks. The Bank offers pre-packaged flowers, infused blunts and pre-rolls comprised of three tiered lines, including Gold Standard, Cache and Vault. The Lab offers a selection of vape cartridges, disposables and concentrates. Tasteology is an edible brand, which offers premium, real fruit, cannabis-infused gummies and chewable tablets. Seche offers products like Fine Grind (Shake), Fine Flower (Popcorn) and Singles (Pre-Rolls). Hijinks is a flower brand, which is available in Massachusetts, Pennsylvania and Virginia.
Financial Overview
For the fiscal year ended 31 December 2023, Jushi Holdings Inc revenues decreased 5% to $269.4M. Net loss decreased 68% to $65.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items increased from -$1.06 to -$0.33.
Employees: 1,200 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $528.79M as of Dec 31, 2023
Annual revenue (TTM): $364.77M as of Dec 31, 2023
EBITDA (TTM): $34.57M as of Dec 31, 2023
Net annual income (TTM): -$88.14M as of Dec 31, 2023
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $336.08M as of Dec 31, 2023
Shares outstanding: 196,634,931 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization