BOCA RATON, Florida, May 18, 2022 - PRESS RELEASE - Jushi Holdings Inc., a vertically integrated, multi-state cannabis operator, announced that Campbell Hill Ventures, LLC, the company’s 100% owned subsidiary, has been awarded a provisional medical cannabis dispensary license by the Ohio Medical Marijuana Control Program. The license is designated for 693 Old State Route 74 in Clermont County, Ohio, located just 17.5 miles east of Cincinnati. The new store will operate under Jushi’s retail brand, BEYOND / HELLO, and marks the company’s first retail location in the Buckeye State. This will be the company’s fifth vertically integrated state, accompanying Pennsylvania (by way of its affiliated subsidiaries), Virginia, Massachusetts and Nevada. This summer, the company plans to begin construction on the BEYOND / HELLO Cincinnati store and expects the store to be open by Q1 2023.
“We are very pleased with the outcome of the lottery selection, which allows Jushi to open its first licensed medical dispensary in Ohio and establish our fifth vertically integrated market. Along with this win, we intend to pursue additional retail dispensary licenses through opportunistic acquisitions to expand our Ohio retail store base,” said Jim Cacioppo, CEO, chairman and founder of Jushi. “We look forward to bringing the full Jushi retail experience to Ohio, including our new retail design system, which will provide patients with an efficient, accessible and safe experience that goes beyond the traditional cannabis retail environment. With this newly awarded retail license, along with our existing state-of-the-art cultivation and processing assets, Jushi is well-positioned to support the rapidly evolving Ohio medical market.”
The new dispensary location is a five-minute drive from the Cincinnati Nature Center. Additionally, the new site is a five-minute drive from EastGate Mall and situated close to two major routes, Route 275 and Route 32, as well as several big-box stores along Route 74. Surrounded by local museums, historic sites, parks, breweries, wineries and golf courses, the new store is also approximately 20 miles east of major tourist sites such as Paul Brown Stadium, Newport Aquarium and Cincinnati Zoo & Botanical Gardens.
Currently, three of Jushi’s in-house brands are available in the Ohio medical cannabis market, including Sèchè, a flower line, Tasteology, a brand of premium, real fruit, cannabis-infused gummies and The Lab, a vaporization line. In Q2 2022, Jushi expects to launch additional Sèchè flower product lines, along with its flower brand, The Bank, in Ohio.
