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Benzinga
Benzinga
Business
Vuk Zdinjak

Jushi Holdings Acquires NuLeaf For $53.6M, Strengthening Presence In Nevada

Jushi Jushi Holdings Nevada Jushi Holdings Inc Las Vegas Sparks Lake Tahoe Las Vegas Boulevard Reno

Jushi Holdings Inc. (OTCQX:JUSHF) (CSE:JUSH) has closed its agreement to acquire NuLeaf, Inc. together with its subsidiaries and affiliated companies, a Nevada-based vertically integrated operator, for $53.6 million. NuLeaf operates two high-performing adult-use and medical retail dispensaries in Las Vegas and Lake Tahoe in addition to a 27,000 sq. ft. cultivation facility in Sparks, and a 13,000 sq. ft. processing facility in Reno, Nevada. NuLeaf also owns a third licensed retail dispensary located directly on Las Vegas Boulevard, expected to become operational in Q2 2022 subject to regulatory approval and other conditions.

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