Earnings ·
Jushi Holdings Inc. reported financial results for the second quarter ended June 30, 2026, announcing revenue of $71.3…
JUSHFJushi Holdings Inc.
Jushi Holdings Inc. reported financial results for the second quarter ended June 30, 2026, announcing revenue of $71.3 million, a 10% increase year-over-year. Gross profit was $31.5 million with a 44.2% margin, while the company reported a net loss of $7.3 million and adjusted EBITDA of $13.3 million. Wholesale revenue surged 68% to a record $9.4 million, and retail revenue grew 4% to $61.9 million. The quarter included a discrete income tax benefit of $6.4 million following the federal rescheduling of medical marijuana, which eliminated Section 280E. Additionally, shareholders approved the continuance of the parent entity from British Columbia to Nevada. Jushi Holdings Inc. operates as a vertically integrated, multi-state cannabis operator.