Jushi Holdings Inc. Issues Statement on the Commonwealth of Virginia Removing Patient Registration Process Requirement
BOCA RATON, Fla., April 12, 2022 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, issued the following statement on the Commonwealth of Virginia removing the medical patient registration process requirement.
Under new legislation that became law yesterday, the Commonwealth of Virginia has again taken important steps to modernize its medical cannabis program and make medical cannabis products more accessible and affordable to patients across the state.
Jim Cacioppo, Jushi Holdings Inc. Chief Executive Officer, Chairman and Founder
Through independent initiatives in each chamber of the General Assembly, the Virginia legislature removed problematic mandatory active ingredient ratio mandates for product formulations, removed the requirement that certified patients be issued a registration card, expanded technology that may be used in processing, and made several additional modifications that clarify the scope of producing and dispensing medical cannabis in the Commonwealth.
“This bill is a very positive and critically important step in improving the medical cannabis program for the patients in Virginia. Jushi commends the Governor and General Assembly for addressing patients’ needs through this legislation, and applauds Senator Dunnavant and Delegate Robinson for their leadership this session. We look forward to continuing our support for increased access to medical cannabis for certified patients in the Commonwealth,” Mr. Cacioppo added.
Jushi has also received final approval from the Virginia Board of Pharmacy to begin planting in its new state-of-the-art vertical cultivation, and plans to begin to fill its grow rooms with clones this week.
About Jushi Holdings Inc.
We are a vertically integrated cannabis company led by an industry-leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis 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 ecosystem. For more information, visit jushico.com or our social media channels, Instagram, Facebook, Twitter, and LinkedIn.