Jushi Holdings Inc. Completes Nature’s Remedy Acquisition and Officially Enters Massachusetts Market


Jushi Holdings Inc. Completes Acquisition of Massachusetts-Based Nature’s Remedy

Negotiates Revised Transaction Terms Resulting in 4.3 million Fewer Shares Issued

Adds Vertically Integrated Operator with Two Retail Dispensaries and a Cultivation and Manufacturing Facility

Officially Enters Its Seventh State and Expands Retail Footprint to 24 Dispensaries Nationwide

BOCA RATON, Fla., Sept. 13, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator announced it has closed its previously announced acquisition of Nature’s Remedy of Massachusetts, Inc. and certain of its affiliates (collectively, “Nature’s Remedy”), a vertically integrated, single-state operator in Massachusetts, for total upfront consideration of US$91.2 million (the “Acquisition”). Nature’s Remedy currently operates two retail dispensaries, in Millbury, MA and…

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