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Earnings Releases·

Jushi Holdings Inc. — Third Quarter 2026 Earnings Summary

  • Total revenue increased 7% year-over-year to $70.5 million, while net loss narrowed significantly to $12.5 million from $23.7 million in Q3 2025; adjusted EBITDA rose to $13.6 million (19.3% margin) from $12.8 million.
  • Wholesale revenue surged 40% year-over-year to $9.7 million, and retail revenue grew 3.5% to $60.8 million, driven by expansion in Ohio and record performance in Virginia.
  • The company completed its continuance from British Columbia to Nevada in July 2026 and expanded its footprint to 42 dispensaries across eight states.
  • Future outlook centers on Virginia's adult-use market launch scheduled for July 1, 2027, with management exploring financing alternatives to support investments while maintaining liquidity.
  • Cash provided by operations declined to $3.5 million from $6.1 million in the prior year period, and total gross debt subject to scheduled repayments stands at $215.6 million.