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$514M Tax Breaks Await This Marijuana Company With Rescheduling, Market Cap Set To Soar

Benzinga ·  May 23 03:27

Jushi Holdings Inc.(OTC:JUSHF) is poised for substantial growth with potential adult-use cannabis legalization in Ohio and Pennsylvania as well as continuous expansion in Virginia's medical market.

According toZuanic & Associates, financial projections show significant improvements, including positive cash flow and increased margins, while rescheduling of cannabis could provide $514 million in tax breaks, nearly quadrupling the company's market cap.

"The potential for PA to legalize rec could be a significant catalyst for the stock. Jushi has the most valuation torque to PA flipping to rec among MSOs," said senior analystPablo Zuanic.

Virginia Medical Market Growth

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