Streetbeat News

JUSHF

Jushi Holdings Inc.

Industry

Gold Ore Mining

Open

0.32

Mkt cap

63M

Volume

21K

High

0.33

P/E Ratio

-1.15

52-wk high

1.09

Low

0.31

Div yield

N/A

52-wk low

0.22

Jushi Holdings Inc. held its Q3 2024 earnings call, discussing financial performance and strategic direction.

Portfolio Pulse from

November 08, 2024 | 3:00 pm

Pennsylvania's GOP districts are increasingly supporting cannabis legalization due to economic distress, poverty, and the opioid crisis. This bipartisan support is seen as a potential solution for economic growth and harm reduction. The trend could serve as a model for other conservative states. Several cannabis companies, including Jushi Holdings, Cresco Labs, Green Thumb Industries, Verano Holdings, and Trulieve Cannabis, could benefit from potential legalization.

Portfolio Pulse from Nicolás Jose Rodriguez

October 16, 2024 | 1:33 am

The cannabis debt market is experiencing significant activity, with $632M in proceeds from recent transactions. Companies like TerrAscend, Jushi, AYR, PharmaCann, Cannabist, and Acreage are involved in refinancing existing debt. The market is accurately pricing credit risk, and demand exists across the credit quality spectrum.

Portfolio Pulse from Viridian Capital Advisors

September 16, 2024 | 2:55 pm

The U.S. Cultivation & Retail cannabis sector is experiencing increased debt issuance in H2:24, primarily for refinancing activities. Companies like Ascend, Jushi, and Terrascend have secured attractive rates despite high debt levels. The effective cost of debt has decreased significantly, and further tightening of spreads is anticipated.

Portfolio Pulse from Viridian Capital Advisors

August 26, 2024 | 2:50 pm

The cannabis credit markets are seeing major refinancings with companies like Ascend, TerrAscend, and Jushi. The article emphasizes the importance of monitoring the Total Liabilities to Market Cap ratio as an early warning sign of credit difficulties. This metric is more responsive to market changes than Debt/EBITDA and is crucial for assessing financial flexibility and default risk.

Portfolio Pulse from Viridian Capital Advisors

August 19, 2024 | 5:44 pm

Jushi Holdings Inc. (OTC:JUSHF) reported significant improvements in its Q2 2024 financial results, including a reduced net loss, increased revenue, and strategic debt refinancing. The company also expanded its product offerings and market presence, particularly in Ohio and Virginia.

Portfolio Pulse from Nicolás Jose Rodriguez

August 07, 2024 | 11:32 pm

A recent report by Pablo Zuanic of Zuanic & Associates analyzes the debt maturities of over 20 multi-state operators (MSOs) in the U.S. cannabis industry. Ascend Wellness Holdings (OTC:AAWH) refinanced $200 million in debt, issuing $235 million in 5-year Senior Secured Notes at a 12.75% coupon rate. Other MSOs with significant debt include Schwazze (OTC:SHWZ), The Cannabist (OTC:CCHW), 4Front Ventures (OTC:FFNTF), Gold Flora (OTC:GRAMF), and Jushi Holdings (OTC:JUSHF). The report also highlights high income tax debt and leverage ratios for several companies, including StateHouse (OTC:STHZ) and Verano (OTC:VRNOF).

Portfolio Pulse from Nicolás Jose Rodriguez

August 02, 2024 | 3:17 pm

Jushi Holdings Inc. refinanced its $53 million loan with a new $48.5 million senior secured term loan and $7.4 million in cash, reducing its short-term debt to less than $1 million. The new loan has a 12.25% interest rate and includes five-year warrants for investors. Jushi will report its Q2 2024 financial results on August 7, 2024.

Portfolio Pulse from Nina Zdinjak

August 01, 2024 | 5:48 pm

Cannabis stocks and ETFs saw significant movement following President Joe Biden's announcement that he will not seek re-election. Key stocks like Aurora Cannabis, Village Farms International, Tilray Brands, and SNDL experienced notable gains. Multi-state operators and cannabis ETFs also saw positive performance.

Portfolio Pulse from Nicolás Jose Rodriguez

July 22, 2024 | 10:12 pm

Cannabis stocks experienced significant volatility following President Joe Biden's announcement that he will not seek re-election. Some stocks surged while others plummeted, reflecting investor sentiment and market speculation about future regulatory changes. Cannabis ETFs also showed mixed performance, indicating cautious optimism among investors.

Portfolio Pulse from Nicolás Jose Rodriguez

July 22, 2024 | 6:12 pm

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