Jushi Holdings (OTC:JUSHF) Executive Vice President Michael Perlman of Investor Relations is optimistic. In a quarter that was undeniably soft for U.S. cannabis operators, Michael believes there are plenty of strategic opportunities to grow the company as M&A activity heats up across the sector. With approximately $108.6 million of cash and cash equivalents on the balance sheet, the company is well-positioned to pick-up select accretive assets once the opportunity presents itself.
Jushi Holdings is a national, multi-state cannabis company developing and operating high-end retail locations, premium brands and modern cultivation, processing and manufacturing facilities. The company operates 27 dispensaries in 5 states, with a particularly strong presence in early-stage markets such as Pennsylvania, Illinois and Virginia. Its platform places heavy emphasis on branding, spearheaded by former Grammy Award winner and Chief Creative Director, Andreas Neumann.
