{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-011401","form_type":"8-K","ticker":"JUSHF","cik":"0001909747","company_name":"Jushi Holdings Inc.","filed_at":"2023-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.569829+00:00","generated_at":"2026-06-17T03:20:05.629521+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Jushi Holdings closes $20M secured loan with FVCbank; funds for working capital","bullets":["Loan of $20M with 5-year term, secured by cultivation/manufacturing facility in Manassas, VA.","Interest rate: 30-day avg SOFR + 3.55%, floor 8.25%.","$3.2M held back as payment reserve for one year; $2M available after one year if conditions met.","$1.1275M held back subject to conditions related to existing construction on the Property.","CEO Jim Cacioppo states non-dilutive financing strengthens balance sheet and supports 2023 growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-011401","json":"https://secwatch.observer/filing/0001628280-23-011401.json","markdown":"https://secwatch.observer/filing/0001628280-23-011401.md","text":"https://secwatch.observer/filing/0001628280-23-011401.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1909747/000162828023011401/0001628280-23-011401-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1909747/000162828023011401/jush-20230406.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T03:20:05.629521+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dfc220735fa5338ae3fcb89edb7375b7bf5ec460","claim":"Jushi Holdings Inc. incurred loan of twenty million dollars ($20,000,000) with FVCbank at 30-day average secured overnight financing rate plus 3.55%, with a floor rate of maturing five (5) year term.","evidence_excerpt":"On April 6, 2023, subsidiaries of Jushi Holdings Inc. (the “Company”) entered into a loan agreement (the “Loan Agreement”) with FVCbank (the “Lender”) for a commercial loan in an aggregate principal amount of twenty million dollars ($20,000,000) (the “Loan”). The Loan has a five (5) year term and is principally secured by the Company’s cultivation and manufacturing facility located in Manassas, Virginia (the “Property”). The Loan will bear interest based on the 30-day average secured overnight financing rate plus 3.55%, with a floor rate of not less than 8.25%.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1909747/000162828023011401/0001628280-23-011401-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"twenty million dollars ($20,000,000)"},{"label":"Counterparty","value":"FVCbank"},{"label":"Rate","value":"30-day average secured overnight financing rate plus 3.55%, with a floor rate of"},{"label":"Maturity","value":"five (5) year term"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7a44646b6c061bb229ff4e0fc27649aaf923043e","claim":"Jushi Holdings Inc. entered into Loan Agreement with FVCbank valued at twenty million dollars ($20,000,000) (effective 2023-04-06).","evidence_excerpt":"On April 6, 2023, subsidiaries of Jushi Holdings Inc. (the “Company”) entered into a loan agreement (the “Loan Agreement”) with FVCbank (the “Lender”) for a commercial loan in an aggregate principal amount of twenty million dollars ($20,000,000) (the “Loan”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1909747/000162828023011401/0001628280-23-011401-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"FVCbank"},{"label":"Value","value":"twenty million dollars ($20,000,000)"},{"label":"Effective","value":"2023-04-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}