Thursday, September 18, 2025

Latest

Jushi Holdings Closes Oversubscribed C$40.8 Million Financing

Jushi Holdings (CSE: JUSH) has closed its previously announced overnight marketed public offering of units, raising gross proceeds of C$40.8 million. Announced two days ago, the financing was expected to raise $35.5 million initially before becoming oversubscribed at the time of closing.

Under the original terms of the financing, the company was to raise $35.5 million via the sale of 10,000,000 shares at a price of $3.55 per share. With the over-allotment option being exercised, a total of 11,500,000 subordinate voting shares of the company were sold under the offering.

Net proceeds of the offering are to be put towards “opportunistic acquisitions” as well as general corporate purposes.

Canaccord Genuity was the sole bookrunner for the financing, with the syndicate of underwriters including Beacon Securities, Eight Capital and PI Financial.

Jushi Holdings last traded at $3.64 on the CSE.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Jushi Holdings To Acquire Nevada-Based NuLeaf For US$62.5 Million

Jushi Holdings (CSE: JUSH) announced today that it has entered into an agreement to acquire Nevada-based...

Wednesday, November 17, 2021, 04:40:00 PM

Jushi Holdings: PI Financial Expects Many Catalysts For H2 2021

On August 25, Jushi Holdings Inc. (CSE: JUSH) reported its full Q2 results after pre-announcing...

Sunday, August 29, 2021, 03:12:00 PM

Jushi Holdings Reports Q3 Revenues Of $54.0 Million, Positive Net Income

Jushi Holdings (CSE: JUSH) this morning reported its third quarter financial results, posting revenues of...

Wednesday, November 17, 2021, 08:53:55 AM

Jushi Enters State Of Massachusetts Following Closing Of Acquisition

Jushi Holdings (CSE: JUSH) has officially entered the State of Massachusetts. The company has entered...

Monday, September 13, 2021, 09:10:04 AM

Jushi Holdings: Three Analysts Initiate Coverage Over Span Of One Week

After two consecutive C$30 million raises, Jushi Holdings (CSE: JUSH) has received three new analyst...

Thursday, January 14, 2021, 11:49:00 AM