Jushi Holdings secured a commercial loan with FVCbank for gross proceeds of $20 million. The proceeds of the Loan will be used for working capital and other corporate purposes. “This non-dilutive financing, which we are proud to have closed in this capital-constrained environment, will significantly strengthen our financial position as we execute our goals in 2023,” said Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi.
For more information:
Jushi
www.jushico.com