Jushi Holdings Inc. (CSE:JUSH, OTCQX:JUSHF) CEO Jim Cacioppo tells Proactive the group is confident in achieving “accelerated growth and profitability” in the remainder of 2022 after an expansion in its retail presence drove a 48.5% year-on-year increase in revenue in the first quarter. A challenging operating environment led to a quarter-on-quarter fall in revenue in the first three months of 2022, and the cannabis company announced a “modest” downwards revision of its full-year guidance.
Jushi confident of ‘accelerated growth and profitability’ after year-on-year revenue growth in Q1