BOCA RATON, Fla., Nov. 09, 2022 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically built-in, multi-state hashish operator, issued a press release on the gubernatorial race within the Commonwealth of Pennsylvania.
Commenting on the current election, Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi stated:
On behalf of Jushi, I want to lengthen our congratulations to Josh Shapiro on his election victory.
As the Commonwealth’s subsequent govt, we look ahead to working with Governor-elect Shapiro as he pursues his imaginative and prescient for cannabis-related coverage reform. Like Mr. Shapiro and the overwhelming majority of Pennsylvanians, we consider addressing harms and inequities related to prohibition is lengthy overdue. This effort essentially contains expunging data for Pennsylvanians with non-violent, low-level hashish possession convictions in addition to trying ahead to a various, equitable, authorized hashish {industry} within the Commonwealth.
In this respect, we’re happy that Governor-elect Shapiro stands with the practically two-thirds of Pennsylvanians who assist hashish legalization and the considerably bigger portion of his constituents preferring a authorized, regulated, and taxed hashish market over the established order. A authorized, regulated marketplace for adult-use hashish in Pennsylvania will open the doorways to financial development, create 1000’s of mortgage-paying jobs, drive a whole bunch of hundreds of thousands in taxable infrastructure improvement and generate tens of hundreds of thousands in new tax {dollars}.
So typically after we talk about hashish coverage, we hear the phrase “it’s when, not if” we’ll see a broader authorized hashish market. The Commonwealth’s residents have spoken on the problem: day by day of delay in adopting widespread sense hashish reform is one other day of misplaced tax income, illicit gross sales and potential hazard to public well being and security. This is why the crew at Jushi is dedicated to advocating for sound coverage to make secure, regulated and taxed hashish out there to Pennsylvanians and we look ahead to seeing sound coverage carried out underneath Governor-elect Shapiro’s Administration.
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 belongings by means of opportunistic acquisitions, distressed exercises, and aggressive functions. Jushi strives to maximise shareholder worth whereas delivering high-quality merchandise throughout all ranges of the hashish ecosystem. For extra data, 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 the Private Securities Litigation Act of 1995 Section 27 A of the Securities Act, and Section 21 E of the Securities Exchange Act of 1934, as amended. All statements, aside from statements of historic information, contained on this press launch, together with statements relating to our technique, future operations, supposed enlargement of our retail operations and manufacturing capability, supposed enlargement of our cultivation amenities, future monetary place, projected prices, prospects, plans and targets of administration, together with with out limitation This autumn 2022 annualized steerage, in addition to anticipated filings, materiality or significance and results of errors on present or prior interval monetary statements, and any anticipated conclusions of the Company, the Audit Committee or the Company’s administration associated thereto, are forward-looking statements. Generally, such forward-looking data or forward-looking statements could be recognized by means of forward-looking terminology resembling “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 comprise 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 data and forward-looking statements contained herein might embrace however are usually not restricted to, data regarding the expectations relating to Jushi, or the flexibility of Jushi to efficiently obtain business targets, and expectations for different financial, business, and/or aggressive components. Many components 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 targets, together with with regulatory our bodies, workers, suppliers, clients and rivals; adjustments on the whole financial, business and political circumstances, together with adjustments within the monetary markets; adjustments in relevant legal guidelines; and compliance with intensive authorities regulation. Should a number of of those dangers, uncertainties or different components materialize, or ought to assumptions underlying the forward-looking data or statements show incorrect, precise outcomes might range materially from these described herein as supposed, deliberate, anticipated, believed, estimated, or anticipated. The foregoing listing of danger components shouldn’t be exhaustive. You ought to fastidiously think about the foregoing components and the opposite dangers and uncertainties described within the “Risk Factors” part of Jushi Holding Inc.’s prospectus filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 12, 2022, its Form 10-Q filed with the SEC on September 26, 2022, its Management Discussion & Analysis filed on SEDAR on September 26, 2022, and different paperwork filed or to be filed with the SEC (www.sec.gov) and/or on SEDAR (www.sedar.com).
There could also be extra dangers that Jushi Holdings Inc. doesn’t presently know or that Jushi Holdings Inc. at the moment believes are immaterial that might additionally trigger precise outcomes to vary from these contained within the forward-looking statements. Although the Company believes that the assumptions and components utilized in getting ready, and the expectations contained in, the forward-looking data and statements are affordable, readers are cautioned to not put undue reliance on forward-looking statements, and Jushi Holdings Inc. assumes no obligation and don’t intend to replace or revise these forward-looking statements, whether or not on account of new data, future occasions, or in any other case. Jushi Holdings Inc. doesn’t give any assurance that it’s going to obtain its expectations. All written forward-looking data and statements attributable to the Company or individuals performing on its behalf is expressly certified in its entirety by this discover.
For additional data, 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]
