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Benzinga

Business

Nina Zdinjak

Jushi Holdings Closes Additional $3.68M With Long-Term Strategic Investors In Private Placement

Jushi Holdings Inc. (CSE:JUSH) (OTCQX:JUSHF), announced that it has closed an aggregate of 1,000,000 subordinate voting shares at a price of US$3.68 per share for gross proceeds of US$3,680,000 with Kenneth Rosen and group in a non-brokered private placement offering. Mr. Rosen, a long-term, strategic investor in the company and industry supporter, has participated in several rounds of Jushi financings and is one of its original top ten investors.

These additional proceeds follow the previously announced $10 million in proceeds raised from Graticule Asset Management Asia.

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