BOCA RATON, Fla., Sept. 09, 2022 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically built-in, multi-state hashish operator, immediately filed with the Canadian securities regulator restated unaudited condensed interim consolidated monetary statements for the three months ended March 31, 2022 (the “Q1 2022 Interim Financial Statements”). The restated Q1 2022 Interim Financial Statements may be accessed by the Company’s public filings on the System for Electronic Document Analysis and Retrieval (“SEDAR”).
The Q1 2022 Interim Financial Statements, which have been ready underneath typically accepted accounting rules within the United States, have been filed on SEDAR to interchange the beforehand filed monetary statements ready underneath IFRS by the Company on June 24, 2022. The Company restated the (i) Right-of use property – finance leases and Accrued bills and different present liabilities within the unaudited interim condensed consolidated stability sheet and (ii) money flows from working, investing and financing actions within the unaudited interim condensed consolidated statements of money flows. These errors didn’t affect the money stability as of March 31, 2022, and there was no internet change in money flows through the three months then ended.
About Jushi Holdings Inc.
We are a vertically built-in hashish firm led by an industry-leading administration crew. In the United States, Jushi is targeted on constructing a multi-state portfolio of branded hashish property by opportunistic acquisitions, distressed exercises, and aggressive purposes. Jushi strives to maximise shareholder worth whereas delivering high-quality merchandise throughout all ranges of the hashish ecosystem. For extra info, go to jushico.com or our social media channels, Instagram, Facebook, Twitter and LinkedIn.
Forward-Looking Information and Statements
This press launch incorporates sure “forward-looking information” throughout the which means of relevant Canadian securities laws in addition to statements which will represent “forward-looking statements” throughout the which means of throughout the which means of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, aside from statements of historic details, contained on this press launch, together with statements relating to our technique, future operations, meant growth of our retail operations and manufacturing capability, meant growth of our cultivation services, future monetary place, projected prices, prospects, plans and goals of administration, together with with out limitation materiality or significance and results of errors on present or prior interval monetary statements, and any future determinations of the Company, the Audit Committee or the Company’s administration associated thereto, are forward-looking statements. These forward-looking statements are based mostly on Jushi’s present expectations and beliefs regarding future developments and their potential results. As a consequence, precise outcomes may differ materially from these expressed by such forward-looking statements and such statements shouldn’t be relied upon. Generally, such forward-looking info or forward-looking statements may be recognized by way of forward-looking terminology reminiscent of “plans,” “expects” or “does not expect,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not anticipate,” or “believes,” or variations of such phrases and phrases or might include statements that sure actions, occasions or outcomes “may,” “could,” “would,” “might” or “will be taken,” “will continue,” “will occur” or “will be achieved”. The forward-looking info and forward-looking statements contained herein might embody however are usually not restricted to, info in regards to the expectations relating to Jushi, or the flexibility of Jushi to efficiently obtain business goals, and expectations for different financial, business, and/or aggressive elements. Many elements may trigger precise future occasions to vary materially from the forward-looking statements on this press launch, together with dangers associated to the flexibility of Jushi to efficiently and/or well timed obtain business goals, together with with regulatory our bodies, staff, suppliers, clients and rivals; adjustments usually financial, business and political situations, together with adjustments within the monetary markets; adjustments in relevant legal guidelines; compliance with in depth authorities regulation, the chance that extra info or different subsequent occasions come up that will require us to make extra changes, in addition to different dangers, uncertainties and different cautionary statements within the Company’s public filings with the relevant securities regulatory authorities on the SEC’s web site at www.sec.gov and on SEDAR at www.sedar.com. Should a number of of those dangers, uncertainties or different elements materialize, or ought to assumptions underlying the forward-looking info or statements show incorrect, precise outcomes might fluctuate materially from these described herein as meant, deliberate, anticipated, believed, estimated, or anticipated.
Although the Company believes that the assumptions and elements utilized in making ready, and the expectations contained in, the forward-looking info and statements are affordable, undue reliance shouldn’t be positioned on such info and statements, and no assurance or assure may be provided that such forward-looking info and statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such info and statements. The forward-looking info and forward-looking statements contained on this press launch are made as of the date of this press launch, and the Company doesn’t undertake to replace any forward-looking info and/or forward-looking statements which might be contained or referenced herein, besides in accordance with relevant securities legal guidelines. All subsequent written and oral forward-looking info and statements attributable to the Company or individuals performing on its behalf is expressly certified in its entirety by this discover.
For additional info, please contact:
Investor Relations Contact:
Michael Perlman
Executive Vice President of Investor Relations
561-281-0247
[email protected]
Media Contact:
Ellen Mellody
570-209-2947
[email protected]
