News
JUSHF
0.735
+2.04%
0.015
Jushi Holdings Inc. (JUSHF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
NASDAQ · 1d ago
Marijuana opposition group raising money to fight cannabis rescheduling
Anti-marijuana reform group raising money to fight cannabis rescheduling. Smart Approaches to Marijuana opposes the DEA's reported decision to reschedule cannabis as a less dangerous drug. The group says the move would give Big Marijuana billions in tax write-offs. The proposed rescheduled cannabis still needs to go through White House review.
Seeking Alpha · 1d ago
Cannabis banking reform bolstered by new poll
A new poll commissioned by a banking group finds that a majority of Americans support legislation that would allow cannabis businesses to access the U.S. Financial system. 64% of Americans say the legislation would help improve public safety. 54% say opening the banking system to cannabis businesses would help underserved communities.
Seeking Alpha · 2d ago
Schumer eyes more cannabis reforms after ‘historic’ marijuana rescheduling decision
Senate Majority Leader Chuck Schumer says he remains committed to even more cannabis reforms. The U.S. Drug Enforcement Administration announced it plans to reclassify marijuana to a less restrictive category called Schedule III. The decision falls short of marijuana legalization, a cause Schumer has long championed.
Seeking Alpha · 3d ago
BUZZ-Pot stocks drop, after surging to months high following marijuana reclassification move
Pot stocks drop after surging to months high following marijuana reclassification move. U.S. DOJ moved to reclassify cannabis as a less dangerous drug on Tuesday. Pot firms Canopy Growth and Aurora Cannabis down 21% and 27%. Morningstar analyst says drop may be due to people taking money off the table.
Reuters · 3d ago
Pot stocks rally snuffed day after DEA marijuana rescheduling development
Consumer pot stocks rally snuffed day after DEA marijuana rescheduling development. U.S. Multi-state operators hardest hit are Ayr Wellness and Trulieve Cannabis. Canopy Growth is the worst performer, down 29%. Most Canadian cannabis licensed producers are also struggling.
Seeking Alpha · 3d ago
OMB review of cannabis rescheduling could put measure at risk
White House Office of Management and Budget review of cannabis rescheduling could scuttle the reform. Review could take 70 days to complete. The DEA's likely reclassification of marijuana from a Class I to a Class III controlled substance could be delayed until after the election.
Seeking Alpha · 3d ago
Pot stocks surge on news of cannabis rescheduling
Pot stocks surge on news of cannabis rescheduling. The DEA is set to reclassify marijuana as a less dangerous drug. U.S. Multi-state operators have recorded double-digit percentage gains. Cannabis-related stocks rose sharply higher in afternoon trading Tuesday.
Seeking Alpha · 4d ago
US drug control agency to reschedule marijuana: AP
The DEA is set to reclassify marijuana as a less dangerous drug, the Associated Press reports. The drug is currently categorized under Schedule I alongside dangerous drugs like heroin and LSD. If approved, cannabis will be part of Schedule III, reserved for medications like ketamine and Tylenol.
Seeking Alpha · 4d ago
Marijuana banking measure loses potential avenue to passage
An attempt to attach a measure allowing marijuana businesses to work with the U.S. Banking system to a must-pass aviation bill has been scuttled. The plan was to attach the Secure and Fair Enforcement Regulation Banking Act to the FAA's reauthorization bill. The cannabis council says the measure will not be included in the package.
Seeking Alpha · 5d ago
Weekly Report: what happened at JUSHF last week (0422-0426)?
Weekly Report · 5d ago
Cannabis MSOs get date for oral arguments in federal marijuana law case
Federal judge in Massachusetts sets May 22 as the date for oral arguments in federal marijuana law case. Cannabis MSOs argue MSOs should be shielded from federal marijuana prohibition laws in states where the plant is legal. The key issue in the case is whether the federal government can interfere in cannabis businesses in legal states.
Seeking Alpha · 04/26 16:32
State-Run Vs. Private: Pennsylvania Debates Transition Of Liquor Store Model To Cannabis Distribution
Pennsylvania's Governor Josh Shapiro has proposed a potential state-run model for legalizing recreational marijuana. Shapiro's proposal would use the framework of state liquor stores to manage and distribute cannabis like alcohol sales. The Pennsylvania Liquor Control Board has emerged as a potential model for managing recreational marijuana sales in the state.
Benzinga · 04/26 13:04
Jushi Holdings Inc. Unveils Q1 2024 Financials
TipRanks · 04/25 12:08
Weekly Report: what happened at JUSHF last week (0415-0419)?
Weekly Report · 04/22 10:36
On 4/20 Day, even non-cannabis companies get in the spirit
Seeking Alpha · 04/20 20:59
On eve of 4/20, White House and Democratic lawmaker tout marijuana progress
White House and Democratic lawmaker tout marijuana progress on eve of 4/20 Day. President Biden has promised to decriminalize marijuana on the federal level. The Justice Department is reviewing a recommendation to move marijuana from a Schedule I to a Schedule III drug. Rep. Earl Blumenauer says this is the last time cannabis will be on Schedule I.
Seeking Alpha · 04/19 22:00
Marijuana groups call on Biden to remove cannabis from Controlled Substances Act
Seeking Alpha · 04/18 20:19
Marijuana banking could pass House in must-pass bill - report
Seeking Alpha · 04/18 18:17
Cannabis Chart Of The Week: How Much Have MSO Valuation Multiples Changed In The Last Year And Why?
The Viridian Cannabis Deal Tracker's Capital Chart of the Week highlights key investment, valuation and M&A trends in the cannabis industry. Valuations and multiples for the major MSOs are up for 11 of the 14 companies on the chart. The group has a 39% increase in EV/EBITDA multiples. Nine of the fourteen companies have lower NTM EBITDA estimates.
Benzinga · 04/18 16:19
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About JUSHF
Jushi Holdings Inc. is a globally focused cannabis and hemp company. The Company is focused on building a portfolio of branded cannabis and hemp-derived assets engaged in retail, distribution, cultivation and processing operations across the United States. It is focused on markets, such as Pennsylvania, Virginia, Ohio, Illinois, California and Nevada. Its brands include Beyond / Hello, Nira, The Lab, The Bank, Tasteology, and Seche. Beyond / Hello is a brand of cannabis dispensaries. Nira is a line of hemp-based cannabidiol (CBD) products. The Bank brand is focused on producing cannabis seeds and flower. The Lab brand produces concentrate across various product formulations. Tasteology brand provides edibles. Seche brand provides fine flower and pre-rolls.