Jushi Holdings Inc. Announces Favorable Modifications to Existing Manassas, VA Mortgage

Core Viewpoint - Jushi Holdings Inc. has successfully modified its existing secured commercial loan, receiving an additional $4 million, extending the maturity date to September 18, 2030, and lowering the interest rate floor from 8.25% to 7.50%, which will enhance its balance sheet for growth initiatives [1]. Group 1: Loan Modification Details - The company received an additional $4,000,000 in loan proceeds [1] - The maturity date of the loan has been extended to September 18, 2030 [1] - The interest rate floor has been reduced from 8.25% to 7.50% [1] - The loan remains secured by the company's cultivation and manufacturing facility in Manassas, Virginia [1] Group 2: Use of Funds - The additional loan proceeds will be allocated for capital expenditures, working capital, and other corporate purposes [1]. Group 3: Company Overview - Jushi Holdings Inc. is a vertically integrated cannabis company focused on building a multi-state portfolio of branded cannabis assets through acquisitions and competitive applications [2]. - The company aims to maximize shareholder value while delivering high-quality products across the cannabis ecosystem [2].