secwatch.observer — SEC 8-K summary
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Issuer:     Jushi Holdings Inc. (JUSHF)
CIK:        0001909747
Form:       8-K
Filed at:   2022-08-29T23:59:59+00:00
Accession:  0001171843-22-005839
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 4.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jushi Q2 revenue up 52% YoY to $72.8M; restates Q1 financials due to errors
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- Revenue $72.8M (+52.4% YoY, +17.6% QoQ); net income $12.1M; adjusted EBITDA $0.5M.
- Non-reliance on Q1 2022 financials for understated assets and cash flow classification errors.
- Completed NuLeaf acquisition in Nevada, adding cultivation, processing, and 3 dispensaries.
- Awarded Ohio medical marijuana dispensary license; 5th vertically integrated state operation.
- Granted 500,000 stock options to COO Leonardo Garcia-Berg under 2019 Equity Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1909747/000117184322005839/0001171843-22-005839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1909747/000117184322005839/f8k_082922.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005839

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer