secwatch.observer — SEC 8-K summary
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Issuer:     Jushi Holdings Inc. (JUSHF)
CIK:        0001909747
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001171843-23-000157
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jushi Holdings appoints Michelle Mosier as CFO; COO Garcia-Berg resigns; cuts 17% of corporate headcount
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- Michelle Mosier appointed CFO effective Jan 16, 2023; base salary $400K, 200K stock options, relocation bonus $25K.
- COO Leo Garcia-Berg resigns effective Jan 20, 2023; CEO Jim Cacioppo will oversee grower-processor operations.
- Corporate headcount reduced ~17% from 172 to 143; retail store staffing reduced ~19% to avg 23.3 employees per store.
- Mosier previously CFO at Hamilton Beach Brands (NYSE: HBB); brings 20+ yrs CPG and manufacturing experience.
- President Jon Barack returns from interim CFO role; company expects M&A activity to remain muted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1909747/000117184323000157/0001171843-23-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1909747/000117184323000157/f8k_010823.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000157

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