Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH)
(OTCXQ: JUSHF), a globally-focused, multi-state cannabis
and hemp operator, announces the beginning of adult-use sales at
its dispensary in Normal, Illinois (Bloomington-Normal metropolitan
area). As previously announced, Jushi’s Illinois dispensaries now
operate under the Company's BEYOND / HELLO™ brand.
On Monday, May 11, 2020 at 9:00 a.m., BEYOND /
HELLO™ Bloomington-Normal will begin serving adult-use customers
through Jushi’s newly launched online shopping experience at
www.beyond-hello.com and over-the-phone orders for in-store pickup.
Medical patients can continue to shop in-store as well as place
orders online and over-the-phone for either curbside or in-store
pickup.
Jim Cacioppo, Jushi’s Chairman and Chief
Executive Officer commented, “On this day two years ago, BEYOND /
HELLO™ opened up its very first dispensary in Bristol,
Pennsylvania. Several store openings later, we’re now expanding
into one of the most attractive and fastest-growing adult-use
cannabis markets in the country. We continue to work aggressively
to stay ahead of consumer demands, while remaining nimble in our
response to COVID-19. Our new online shopping platform delivers a
more convenient and transparent shopping experience, while
providing an alternative way for our customers to engage with our
BEYOND / HELLO™ retail brand. We look to continue our retail
footprint expansion by opening up two additional storefronts in
Illinois by year-end, along with several other retail locations in
key states like Pennsylvania, Virginia and California.”
BEYOND / HELLO™ Bloomington-Normal, located at
501 West Northtown Road, Normal, Illinois, will be open on Monday
through Saturday from 9:00 a.m. to 7:00 p.m. The new retail
location will carry flower, pre-rolls, extracts, edibles,
cartridges, disposable pens, tinctures, topicals, capsules, pills
and various ancillary products such as batteries, vapes, rig and
vape cleaning gear and other merchandise. As a part of BEYOND /
HELLO's commitment to customer service, a trained staff will be
on-site to answer questions and dispense products.
The Bloomington-Normal metropolitan area in
Central Illinois has a population of approximately 170,000 people,
according to the U.S. Census. The area is one of the major economic
centers in Central Illinois with both State Farm and Country
Financial based in Bloomington. Normal is home to multiple
educational institutions, including Illinois State University. With
the existing location and a future second site in the area, Jushi
plans to operate two of the three dispensaries allowed in the
Bloomington-Normal metropolitan area.
Lastly, in accordance with the guidance of the
Centers for Disease Control and Prevention (CDC), all BEYOND /
HELLO™ retail locations have taken additional steps to further
promote a healthy and safe operating environment for all of its
patients, customers and employees, including:
- Launching a new online shopping experience for either curbside
or in-store pickup
- Over the phone pre-orders for either curbside or in-store
pickup
- Frequently sanitizing high-touch surfaces
- Deep cleaning and sanitizing workstations
- Sanitizing or washing hands after each transaction
- Ensuring hand sanitizer is easily accessible
- Suspending all use of paper menus, demo products, and demo
samples
- Taking the temperature of store employees prior to the start of
their shift
- Positioning staff at every other register when possible
- Requiring all employees wear masks
For more information, please visit
https://www.jushico.com/ and https://beyond-hello.com/.
About Jushi Holdings Inc. We
are a globally focused cannabis and hemp company led by an industry
leading management team. In the United States Jushi is focused on
building a multi-state portfolio of branded cannabis and
hemp-derived assets through opportunistic acquisitions, distressed
workouts and competitive applications. Jushi strives to maximize
shareholder value while delivering high quality products across all
levels of the cannabis and hemp ecosystem. For more
information please visit www.jushico.com or our social
media
channels, Instagram, Facebook, Twitter and LinkedIn.
Forward-Looking Information and
StatementsThis press release contains certain
"forward-looking information" within the meaning of applicable
Canadian securities legislation and may also contain statements
that may constitute "forward-looking statements" within the meaning
of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. Such forward-looking
information and forward-looking statements are not representative
of historical facts or information or current condition, but
instead represent only the Company’s beliefs regarding future
events, plans or objectives, many of which, by their nature, are
inherently uncertain and outside of the Company’s control.
Generally, such forward-looking information or forward-looking
statements can be identified by the use of forward-looking
terminology such as “plans,” “expects” or “does not expect,” “is
expected,” “budget,” “scheduled,” “estimates,” “forecasts,”
“intends,” “anticipates” or “does not anticipate,” or “believes,”
or variations of such words and phrases or may contain statements
that certain actions, events or results “may,” “could,” “would,”
“might” or “will be taken,” “will continue,” “will occur” or “will
be achieved”. The forward-looking information and forward-looking
statements contained herein may include, but are not limited to,
information concerning the expectations regarding Jushi, or the
ability of Jushi to successfully achieve business objectives, and
expectations for other economic, business, and/or competitive
factors.
By identifying such information and statements
in this manner, the Company is alerting the reader that such
information and statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
information and statements. In addition, in connection with the
forward-looking information and forward-looking statements
contained in this press release, the Company has made certain
assumptions. Among the key factors that could cause actual results
to differ materially from those projected in the forward-looking
information and statements are the following: the ability of Jushi
to successfully achieve business objectives, including with
regulatory bodies, employees, suppliers, customers and competitors;
changes in general economic, business and political conditions,
including changes in the financial markets; changes in applicable
laws; and compliance with extensive government regulation, as well
as other risks and uncertainties which are more fully described in
the Company’s Filing Statement dated December 5, 2019 and other
filings with securities and regulatory authorities which are
available at www.sedar.com. Should one or more of these
risks, uncertainties or other factors materialize, or should
assumptions underlying the forward-looking information or
statements prove incorrect, actual results may vary materially from
those described herein as intended, planned, anticipated, believed,
estimated or expected.
Although the Company believes that the
assumptions and factors used in preparing, and the expectations
contained in, the forward-looking information and statements are
reasonable, undue reliance should not be placed on such information
and statements, and no assurance or guarantee can be given that
such forward-looking information and statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information and
statements. The forward-looking information and forward-looking
statements contained in this press release are made as of the date
of this press release, and the Company does not undertake to update
any forward-looking information and/or forward-looking statements
that are contained or referenced herein, except in accordance with
applicable securities laws. All subsequent written and oral
forward-looking information and statements attributable to the
Company or persons acting on its behalf is expressly qualified in
its entirety by this notice.
For further information, please contact:
Investor Relations Contact:Michael
PerlmanExecutive Vice President of Investor Relations and
TreasuryInvestors@jushico.com(561) 453-1308
Media Contact:Ellen
MellodyMATTIO Communications570-209-2947Ellen@Mattio.com
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