Jushi drops on revenue slowdown, higher expenses

Jushi Holdings

24/03/2022 15:51

** Shares of cannabis co Jushi Holdings Inc  JUSH.CD  fall
5.3% to C$3.77
    ** Jushi says it is experiencing a slowdown in revenue,
regulatory delays and supply chain issues  urn:newsml:reuters.com:*:nGNXM5BP0
    ** Q4 revenue, core profit miss analysts' estimates -
Refinitiv IBES
    ** Reduction in Q4 profitability was largely due to higher
staff costs brought by store openings and the build-out of co's 
   cultivation and processing assets - Jushi
    ** Shares down 7% so far this year

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))