Jushi Holdings Inc.'s BEYOND / HELLO to Enter California with the… – New Cannabis Ventures

BEYOND / HELLO™ Santa Barbara to Officially Open to the Public on October 14, 2020

BOCA RATON, Fla., Oct. 08, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a globally-focused, multi-state cannabis and hemp operator, announced it will enter California, the world’s largest cannabis market with the opening of its 11th retail location nationally: BEYOND / HELLO™ Santa Barbara. Earlier this year, Jushi acquired GSG SBCA, Inc., a licensed cannabis dispensary in Santa Barbara, and concurrently signed a $3.2 million sale-leaseback agreement with a financing partner related to the real estate previously purchased in connection with the acquisition of GSG SBCA, Inc.

BEYOND / HELLO™ Santa Barbara, which is conveniently located near Loreto Plaza in the heart of Santa Barbara at 3516 State Street, will begin serving customers on October 14th at 10:00 a.m. BEYOND / HELLO™ Santa Barbara customers can shop for medical and adult-use cannabis products in-store and through its online shopping experience at www.beyond-hello.com, which enables consumers to view real-time pricing and product availability, and then reserve products for convenient in-store pickup. In the near future, BEYOND / HELLO Santa Barbara will also be adding delivery services as permitted by the City of Santa Barbara.

“With sales that far surpass any other U.S. state, California represents a significant growth opportunity for Jushi,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi.

Our new flagship store is strategically located in Santa Barbara, a limited license market that currently only allows for three dispensaries to operate in the city. We’re excited to be a part of this active, engaged community and look forward to welcoming local residents to experience the BEYOND / HELLO™ customer-first approach and state-of-the-art dispensary.

Jim Cacioppo, Chief Executive Officer, Chairman and Founder

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