Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use cannabis markets in 2024.
During a quarterly earnings call late Wednesday, Jushi CEO Jim Cacioppo cited initiatives to cut waste, improve post-harvest processing and get “new, higher-margin products” to market more quickly.
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“The main goal of these efforts is to improve our product quality and value to the consumer, as well as increase the potency and yield of our grower-processor under the existing canopy without deploying significant new capital – but rather, better utilizing capital previously spent,” Cacioppo said in prepared remarks.
Cacioppo said Jushi hopes for positive developments in:
“Pennsylvania, Virginia and Ohio combine to represent 24 out of 35 of our operating retail
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