Jushi Holdings Clarifies Voting Outcomes from Shareholder Meeting
Jushi Holdings Inc. Shareholders' Meeting Voting Results
In a significant event for the cannabis industry, Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a highly regarded multi-state cannabis operator, has released the results from its annual shareholders’ meeting. This meeting showcased the corporation's commitment to transparency and stakeholder engagement. Let’s dive deeper into the voting results that reflect the decisions made during this key assembly of shareholders.
Setting the Number of Directors
One of the primary items on the agenda was the determination of the number of directors. The shareholders voted to fix the number at five, a decision indicating a stable governance model moving forward.
Election of Directors
In another pivotal moment, all five director nominees presented in the proxy statement were elected. This encompassed candidates who possess a wealth of experience and expertise necessary to steer Jushi into a prosperous future. The voting breakdown was overwhelmingly positive, highlighting the confidence shareholders have in their leadership:
Voting Results
The table below summarizes the election outcome for each nominee:
| Director | Votes For | Votes Withheld |
|---|---|---|
| James A. Cacioppo | 41,857,327 (80.639%) | 10,049,782 (19.361%) |
| Benjamin Cross | 42,123,565 (81.152%) | 9,783,544 (18.848%) |
| Stephen Monroe | 42,105,515 (81.117%) | 9,801,594 (18.883%) |
| Marina Hahn | 51,503,280 (99.222%) | 403,829 (0.778%) |
| Billy Wafford | 51,472,616 (99.163%) | 434,493 (0.837%) |
Appointment of Auditors
During the meeting, shareholders also sanctioned the appointment of Macias Gini & O’Connell LLP as the Corporation's auditor, emphasizing the importance of strong financial oversight. This appointment underscores Jushi's intention to maintain rigorous auditing standards going forward.
In total, 84,375,191 votes (98.785%) were in favor of this appointment, while 1,037,408 votes (1.215%) were withheld, illustrating robust shareholder support for the chosen auditing firm.
About Jushi Holdings Inc.
Jushi Holdings Inc. is more than just a cannabis company; it is a pioneer in building a robust portfolio of branded cannabis assets. Guided by an experienced management team, Jushi focuses on creating value for its shareholders while delivering premium quality cannabis products. The company knows that the road ahead is filled with opportunities and challenges, and its commitment to growth remains steadfast.
Contact Information
For inquiries, feel free to reach out to the Jushi Investor Relations team at:
Jushi Investor Relations
561-617-9100
investors@jushico.com
Frequently Asked Questions
What were the key voting outcomes from Jushi's annual meeting?
The shareholders fixed the number of directors at five, elected all proposed nominees, and appointed Macias Gini & O’Connell LLP as auditors.
Who are the newly elected directors at Jushi?
The elected directors include James A. Cacioppo, Benjamin Cross, Stephen Monroe, Marina Hahn, and Billy Wafford.
What percentage of votes supported the auditor appointment?
Approximately 98.785% of the votes supported the appointment of Macias Gini & O’Connell LLP as auditors.
How does Jushi Holdings aim to maximize shareholder value?
Jushi focuses on strategic acquisitions, building branded assets, and enhancing product quality across the cannabis sector.
How can I contact Jushi Holdings for more information?
You can reach Jushi Investor Relations at 561-617-9100 or via email at investors@jushico.com.
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