Jushi Holdings Inc. Files Canadian Preliminary Base Shelf Prospectus
Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a leading player in the cannabis sector, is pleased to announce that it has filed a preliminary short form base shelf prospectus. This filing has been made with the securities commissions in all provinces and territories of Canada, setting the groundwork for possible future capital raises.
Details of the Shelf Prospectus
The preliminary base shelf prospectus enables Jushi to present a variety of investment opportunities. The Company is authorized to offer up to C$350 million in subordinate voting shares, preferred shares, subscription receipts, debt securities, convertible securities, warrants, and other units. This offering is intended to take place over a 25-month period while the prospectus remains active, allowing Jushi to strategically seek out funding opportunities as they arise.
Enhancing Financial Flexibility
By establishing the Final Shelf Prospectus, Jushi expects to gain greater financial flexibility. This flexibility is vital as the Company may need to adapt quickly to regulatory changes and capitalize on appealing acquisition prospects. Each future offering will include specific terms outlined in a prospectus supplement, ensuring clarity and transparency with Canadian securities regulatory authorities.
Where to Find Information
The Shelf Prospectus, along with its Final version when it becomes available, will be accessible on Jushi’s profile on SEDAR+. Interested individuals can find it at www.sedarplus.ca, providing potential investors with straightforward access to crucial information about the Company’s financial activities and offerings.
Company Overview
Jushi Holdings Inc. is a leader in the cannabis industry, operating as a vertically integrated cannabis company. The management team demonstrates strong industry leadership, focusing on expanding their multi-state portfolio by acquiring branded cannabis assets through strategic acquisitions and competitive applications. Jushi is dedicated to maximizing shareholder value by delivering high-quality products across all segments of the cannabis ecosystem.
Engagement with Stakeholders
Jushi is committed to maintaining transparency and actively engaging with its stakeholders. The Company utilizes various channels to ensure a robust market presence. For more information about Jushi, visit their website or follow them on social media platforms.
Important Note on Securities
It is important to note that no regulatory authority has approved or disapproved this announcement. Additionally, this news release does not constitute an offer to sell or solicit any securities where prohibited or unlawful. The securities mentioned are not registered under U.S. regulations and cannot be sold to U.S. persons unless they are properly registered or qualify for an exemption.
Contact Information
For further information, please contact Jushi's Investor Relations team:
Investor Relations
561-617-9100
investors@jushico.com
Frequently Asked Questions
What is a Shelf Prospectus?
A Shelf Prospectus is a regulatory document that allows a company to offer multiple types of securities to investors under one filing, streamlining the capital-raising process.
How much can Jushi raise under this prospectus?
Jushi is permitted to raise up to C$350 million through various securities, including shares and debt instruments.
What is the purpose of this filing?
The purpose of this filing is to enhance Jushi's financial flexibility, enabling the company to quickly respond to market opportunities and regulatory changes.
Where can I find more information about Jushi?
Additional information can be found on Jushi's official website and their profile on SEDAR+ for the latest updates and disclosures.
Who should I contact for more inquiries?
For inquiries related to investors, you can reach out directly to Jushi’s Investor Relations team via the provided phone number and email address.
