Jushi Holdings Inc (JUSHF)

[GE_Jim]

Jushi Holdings Inc. Announces Share Purchase by Chief Executive Officer, Chairman, and Founder, Jim Cacioppo
Today 7:30 AM ET (GlobeNewswire)Print

EQNX::TICKER_START (CNSX:JUSH),(CNSX:JUSH.CN),(OTC US:JUSHF),(Other OTC:JUSHF), EQNX::TICKER_END Jushi Holdings Inc. ("Jushi" or the "Company") (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Chief Executive Officer, Chairman, and Founder, Jim Cacioppo, has purchased 100,000 Class B Subordinate Voting Shares ("Shares") of the Company in the open market for an approximate amount of $151,000. Mr. Cacioppo holds in the aggregate approximately 16.9% of the issued and outstanding Subordinate Voting Shares (calculated in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and on a non-diluted basis).

Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi, stated, "I am confident in our growth strategy and long-term outlook and have increased my ownership in Jushi to capitalize on what I view as an exceptional market opportunity. I strongly believe there is a significant disconnect between our strong business fundamentals and our current market valuation."