Jushi Announced the Beginning of Adult-Use Cannabis Sales at its Sauget, Illinois Dispensary
Jushi Holdings Inc. (CSE: JUSH) (OTCXQ: JUSHF), is a globally-focused, multi-state cannabis and hemp operator. The company announced that one of its two newly acquired Illinois dispensaries, currently operating as The Green Solution and transitioning to the Company’s BEYOND/HELLO brand later this year.
Jushi Holdings Inc. is 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.
Jim Cacioppo, Chairman and Chief Executive Officer of Jushi, said, “Following the successful launch of legal adult-use cannabis sales in January, we are very excited to begin serving adult-use customers at our newly acquired Sauget dispensary beginning today, March 2nd. Illinois represents a very attractive market for the Company, and by expanding our product offering to include adult-use cannabis products, we further solidify our position in this fast growing market. We look forward to providing further announcements as we continue to strategically establish our footprint throughout the state.”
Sauget is part of the “Metro East” area of Illinois (Eastern St. Louis suburbs in Illinois) with a population of 702,597 according to the U.S. Census. The region is considered the second largest urban area of Illinois and St. Clair County, where Sauget is located, has a population of 261,059 according to U.S. Census. The area is known for its high traffic due to its proximity to restaurants, bars and nightlife. The current dispensary location is on the same commerce park as GCS Ballpark, home to the Gateway Grizzlies, a professional baseball team in the Frontier League.