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 |