+ 0.67
+ 0.44%

Jushi Holdings To Trade Senior Secured Notes On Canadian Securities Exchange

December 1, 2020 11:28 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Jushi Holdings To Trade Senior Secured Notes On Canadian Securities Exchange

Jushi Holdings Inc. (CSE:JUSH) (OTCQB:JUSHF) has listed on the Canadian Securities Exchange more than $76.3 million of 10% senior secured notes.

These public notes are due Jan. 15, 2023. They are currently trading under the ticker “JUSH.db”.

Holders of the private notes chose to take part in the exchange on Dec. 1, while remaining holders of private notes worth in total of $6.98 million chose to hold on their private notes.

A total of around $83.33 million of both public and private notes stays outstanding.

The notes carry interest at 10% annually, to be paid quarterly on March 31, June 30, September 30 and December 31 of each year to — but excluding — the maturity date.

“We’re excited to provide our investors that hold our notes with the opportunity to have such notes listed and traded on the Canadian Securities Exchange and would like to sincerely thank them for supporting Jushi’s vision as we build the leading vertically integrated multi-state operator,” stated Jushi founder and CEO Jim Cacioppo. “With the capital that we have raised to date, we have strategically expanded into high-quality, high-growth markets and are well positioned to accelerate our momentum as we head into 2021.”

Related Links:

Jushi To Expand Scranton Facility To Create Some 100 New Jobs

Jushi Opens First Of Six Dispensaries In Virginia


Cannabis News Markets

Related Articles

Village Farms Announces $135M Registered Direct Offering

Village Farms International Inc. (NASDAQ: VFF) (TSX: VFF) has raised some $135 million through a direct offering of about 10.9 million shares. Each share at the offering has a price target of $12.40. read more

Cannabis Stock Gainers And Losers From January 14, 2021

GAINERS: Flower One Hldgs (OTCQX: FLOOF) shares closed up 37.3% at $0.21 read more

Cannabis SPACs Will Remain Popular In 2021 Despite Several Challenges

Cannabis companies continue to face restrictions on most national exchanges. Special-purpose acquisition companies (SPACs) help fill the funding void. These types of deals are occurring more often as a less costly and more efficient go-public strategy. read more

Cannabis Brand Cookies Expands Into Non-Psychoactive Mushroom Space With Caps

Cannabis brand Cookies is expanding its line to include non-psychoactive mushroom formulations. The California-based company is rolling out a capsule line called "Caps." The three-in-one item combines mushrooms with cannabinoids and terpenes. read more

Dispensary Update: Trulieve, Jushi And Cloud Cannabis Each Have New Stores

Trulieve Opens Second Store In Gainesville Cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) has cut the ribbon on its second Gainesville, Florida-based dispensary. read more