Jushi Holdings Inc. provides update on financial statement filings

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BOCA RATON, Fla., May 24, 2021 (GLOBE NEWSWIRE) – Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated multi-state cannabis operator, provides an update regarding the filing of the Company’s annual audited financial statements for the year ended December 31, 2020, the related MD&A, CEO and Director certificates related financial statements and information forms for the fiscal year ended December 31, 2020 (collectively, the “Documents”).

As of Friday, May 21, 2021, the Company’s auditor, MNP, has indicated that it is doing its best to allow the Company to file the documents with Canadian securities regulators today. The Company and MNP now plan to complete the audit and the filing of documents by May 28, 2021. The audit is almost complete, pending the completion of the audit procedures on the biological assets of the producer-processors of Pennsylvania and the buying bargain gain.

The Company is not aware of any material issues relating to the auditor’s review. The Company continues to work diligently and expeditiously with its auditor to finalize the Documents.

As previously indicated, the delay in completing the filing of documents was due to the fact that the Company’s auditor had not completed its audit procedures before the filing deadline.

About Jushi Holdings Inc.

We are a vertically integrated cannabis company led by a leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis assets through opportunistic acquisitions, struggling practices and competitive applications. Jushi strives to maximize shareholder value while delivering high quality products at all levels of the cannabis ecosystem. For more information, please visit www.jushico.com or our social media channels, Instagram, Facebook, Twitter and LinkedIn.

Forward-looking information and statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of US Private Securities Litigation. Reform Act. of 1995. These forward-looking information and forward-looking statements are not representative of historical facts or information or current conditions, but represent solely the Company’s beliefs regarding future events, plans or objectives, many of which by their nature. nature, involve estimates, projections, plans, objectives, forecasts and assumptions which may prove to be inaccurate. Accordingly, actual results could differ materially from those expressed by these forward-looking statements and such statements should not be relied upon. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “is expected”, “budget” , “Expected”, “believes”, “foresees”, “intends”, “anticipates” or “not foresee”, or “believes”, or variations of these words and expressions or may contain statements that certain actions, events or results “may,” “could”, “would”, “could” or “will be taken”, “will continue”, “will occur” or “will be achieved”.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors which may cause actual results, level of activity, performance or achievements of the Company. be materially different from those expressed or implied by this information and statements. In addition, within the framework of the forward-looking information and statements contained in this press release, the Company has certain expectations and has made certain assumptions. Expectations, assumptions and risk factors are described in more detail in the Company’s MD&A for the quarter ended September 30, 2020 and other documents filed with securities and regulatory authorities which are available at www.sedar.com. If one or more of these risks, uncertainties or other factors materialize, or if the assumptions underlying the forward-looking information or statements prove to be incorrect, actual results may differ materially from those described in this document as intended, planned. , anticipated, raw, estimated or expected.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and / or forward-looking statements that are contained or referred to. herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by this notice.

Do not distribute to news agencies in the United States or broadcast in the United States.

For more information, please contact:

Investor Relations Contact:
Michael perlman
Executive Vice President of Investor Relations and Treasury
561-281-0247
[email protected]

Media contact:
Ellen melody
MATTIO Communication
570-209-2947
[email protected]


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