
Jushi Holdings (OTCQX:JUSHF), a vertically integrated, multi-state cannabis operator, announced on Wednesay that it has closed a non-brokered private placement offering of an aggregate of 2,717,392 subordinate voting shares at $3.68 per share to Graticule Asset Management Asia for gross proceeds of $10 million.
Proceeds of the offering are expected to be used for potential strategic acquisitions and general corporate purposes.