Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Jelena Martinovic

Jushi's Earnings Power Grows But This Analyst Remains Sidelined, Here's Why

Cannabis company Jushi Holdings Inc. (CSE:JUSH) (OTCQX:JUSHF) reported a 52.4% year-over-year increase in second-quarter revenue to $72.8 million, attributing it to acquisitions in Nevada, a bolstered California retail footprint and an uptick in sales across  Massachusetts, Illinois and Virginia.

However, despite the growth in sales, the company reduced its revenue guidance for the fourth quarter.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.