Jushi Holdings (JUSH) AI Stock Analysis

• Market Cap: C$167.19M
• Dividend Yield: N/A
• Average Volume (3M): 104.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.84
• Revenue Growth: 3.17%
• EPS Growth: -24.07%
• Country: CA
• Employees: 1,234
• Sector: Healthcare
• Sector Strength: 45
• Industry: Drug Manufacturers - Specialty & Generic
• EPS (TTM): -0.17
• Shares Outstanding: 196,696,600
• 10 Day Avg. Volume: 128,959
• 30 Day Avg. Volume: 104,975
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.00
• Price Target Upside: 135.29% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$1.00 ▲(17.65% Upside)

Jushi Holdings' overall stock score reflects significant financial challenges, with negative net income and high leverage being the most impactful factors. While there is some positive momentum in retail revenue growth and operational efficiency, these are overshadowed by weak cash flow and valuation concerns. Technical indicators suggest mixed market sentiment, and regulatory uncertainties add further risk.

Jushi Holdings Business Overview & Revenue Model

Company Description

Jushi Holdings Inc. is a vertically integrated cannabis company based in the United States, focusing on the cultivation, processing, distribution, and retail of cannabis products. The company operates in various sectors of the cannabis industry, including medical and recreational cannabis, and offers a diverse range of products such as flower, edibles, concentrates, and accessories. Jushi aims to enhance the consumer experience through its innovative product offerings and strategic retail presence across key markets.

How the Company Makes Money

Jushi Holdings generates revenue primarily through the sale of cannabis products in both medical and recreational markets. Key revenue streams include direct sales from retail locations, wholesale distribution to third-party dispensaries, and e-commerce platforms. The company also benefits from its vertically integrated model, which allows it to control costs and optimize profit margins at various stages of production and distribution. Significant partnerships with local growers and suppliers enhance supply chain efficiency and ensure product quality. Additionally, Jushi's expansion into new markets and its focus on brand development further contribute to its earnings.

Jushi Holdings Financial Statement Overview

Summary

Jushi Holdings faces significant financial challenges, with negative net income and high leverage. While revenue growth is positive, profitability remains elusive, and the balance sheet is strained by high debt levels. Cash flow generation is weak, further complicating financial stability.

Income Statement

Jushi Holdings shows a mixed performance in its income statement. The company has a positive revenue growth rate of 17.6% TTM, indicating a growing top line. However, the net profit margin remains negative at -18.54% TTM, reflecting ongoing profitability challenges. The gross profit margin is relatively healthy at 43.67% TTM, but the negative net income suggests cost management issues. The EBIT and EBITDA margins are modest at 8.90% and 20.70% TTM, respectively, indicating some operational efficiency but insufficient to drive profitability.

Balance Sheet

The balance sheet of Jushi Holdings reveals significant financial leverage, with a concerning debt-to-equity ratio of -3.99 TTM, indicating high debt levels relative to negative equity. The return on equity is positive at 106.07% TTM, but this is due to the negative equity base, which distorts the metric. The equity ratio is negative, reflecting a precarious financial position with liabilities exceeding assets, posing a risk to financial stability.

Cash Flow

Cash flow analysis shows challenges in liquidity management. The free cash flow growth rate is significantly negative at -76.75% TTM, indicating a decline in cash generation. The operating cash flow to net income ratio is 0.37 TTM, suggesting limited cash flow relative to net losses. The free cash flow to net income ratio is 0.65 TTM, showing some ability to generate cash despite net losses, but overall cash flow remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	256.36M	257.52M	363.67M	284.28M	209.29M	80.77M
Gross Profit	108.11M	118.30M	142.49M	95.48M	87.37M	43.07M
EBITDA	44.77M	50.72M	40.96M	-121.65M	86.37M	-181.90M
Net Income	-57.83M	-48.78M	-87.87M	-273.94M	20.25M	-211.87M
Balance Sheet
Total Assets	432.37M	440.32M	611.03M	529.34M	677.91M	359.28M
Cash, Cash Equivalents and Short-Term Investments	23.21M	19.52M	38.44M	26.20M	94.96M	93.79M
Total Debt	268.83M	271.13M	394.04M	321.20M	246.09M	95.07M
Total Liabilities	510.21M	490.56M	621.08M	483.45M	494.82M	357.53M
Stockholders Equity	-78.14M	-50.23M	-8.22M	47.28M	184.48M	-177.00K
Cash Flow
Free Cash Flow	3.39M	16.86M	-18.98M	-78.30M	-72.74M	-25.43M
Operating Cash Flow	15.12M	21.57M	-4.48M	-21.42M	1.58M	-3.72M
Investing Cash Flow	-12.86M	-7.07M	0.00	-80.86M	-112.48M	-44.73M
Financing Cash Flow	-12.06M	-24.46M	0.00	33.98M	120.81M	95.41M

Jushi Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JUSH, the sentiment is Positive. The current price of 0.85 is below the 20-day moving average (MA) of 0.95, below the 50-day MA of 0.98, and above the 200-day MA of 0.63, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 42.04 is Neutral, neither overbought nor oversold. The STOCH value of 17.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:JUSH.

Jushi Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DB	73 Outperform	$77.85M	5.19	22.76%	―	-0.53%	―
EPIC	66 Neutral	C$26.49M	15.20	6.23%	―	34.71%	―
OGI	59 Neutral	C$282.08M	72.00	1.86%	―	38.86%	―
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
TSND	48 Neutral	C$343.85M	-1.68	-43.99%	―	-11.16%	-29.56%
JUSH	46 Neutral	C$167.19M	-2.05	―	―	3.17%	-24.07%
LABS	46 Neutral	$29.45M	-3.35	-19.58%	―	17.74%	37.61%

Jushi Holdings Corporate Events

Jushi Holdings Secures Additional Loan for Growth

Jushi Holdings Inc. has announced favorable modifications to its existing mortgage in Manassas, Virginia, securing an additional $4,000,000 in loan proceeds and extending the maturity date to September 18, 2030. This capital infusion, along with a lowered interest rate floor, strengthens Jushi’s balance sheet, supporting its growth initiatives and enhancing its market position in the cannabis industry.

The most recent analyst rating on (TSE:JUSH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.

Jushi Holdings Secures Enhanced Loan Terms to Fuel Growth

Jushi Holdings Inc. announced favorable modifications to its existing secured commercial loan with FVCBank, including an additional $4,000,000 in loan proceeds, an extension of the maturity date to September 18, 2030, and a reduction in the interest rate floor. These changes are expected to bolster the company’s balance sheet, supporting growth initiatives and enhancing its competitive positioning within the cannabis industry.

The most recent analyst rating on (TSE:JUSH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.

Jushi Holdings Expands Ohio Presence with New Parma Dispensary

Jushi Holdings Inc. has announced the grand opening of its Beyond Hello™ Parma dispensary in Ohio, marking its sixth location in the state and 41st nationwide. This expansion highlights Jushi’s commitment to Ohio’s growing cannabis market, offering a wide range of premium cannabis products and a personalized retail experience. The new store is strategically located to serve the Cleveland area, further reinforcing Jushi’s investment in Ohio’s cannabis industry.

The most recent analyst rating on (TSE:JUSH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.

Jushi Holdings Inc. Reports Mixed Earnings Call

The recent earnings call for Jushi Holdings Inc. revealed a mixed sentiment among stakeholders. The company celebrated notable achievements in revenue growth and strategic expansions, yet faced challenges in wholesale revenue and cash flow. Improvements in net losses and gross profit margin were highlighted, though competitive pressures impacted year-over-year comparisons.

Jushi Holdings Inc. Reports Growth and Strategic Expansion in Q2 2025

Jushi Holdings Inc. reported a revenue of $65 million for the second quarter of 2025, marking both year-over-year and sequential growth. Despite a net loss of $12.3 million, the company saw a significant increase in adjusted EBITDA by 39.6% from the previous quarter. Jushi’s retail expansion plan is on track, with 40 stores nationwide and four additional openings planned for the latter half of 2025. The company is optimizing its retail performance by relocating underperforming stores and has launched new products, including a lifestyle brand in collaboration with a celebrity. These strategic moves are aimed at enhancing profitability and strengthening the company’s market position.

The most recent analyst rating on (TSE:JUSH) stock is a Buy with a C$1.30 price target. To see the full list of analyst forecasts on Jushi Holdings stock, see the TSE:JUSH Stock Forecast page.