Jushi's Stock Slightly Up On Announcing It Looks To Raise Up To $500M

Vertically integrated cannabis company Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) announced Thursday that it will raise up to CA$500 million ($401.6million) through offerings of its subordinate voting shares, subscription receipts, debt securities, convertible securities, warrants and units as well as any combination thereof.

Based in Boca Raton, Florida, the company reported that it filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, which will allow …

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