Recent Updates — JUSHF

Jushi Holdings Inc. completed its continuance from British Columbia, Canada, to Nevada on July 30, 2026. As part of this restructuring, all outstanding subordinate voting shares were exchanged for common stock on a one-for-one basis. Post-continuance, the company has 199,698,263 shares of common stock issued and outstanding, with an additional 26,917,919 shares reserved under its equity incentive plan. The existing executive team remained unchanged, and the equity incentive plan was amended to reflect the new jurisdiction. Jushi Holdings Inc. operates as a vertically integrated multi-state cannabis operator.

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.