Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator released preliminary financial results for the third quarter of 2022, with revenue of $72.8 million, up by 34.9% year-over-year, and flat sequentially.

The Boca-Raton, Florida-based company also announced that it is in the process of completing its interim asset impairment assessment and expects to record a non-cash, indefinite-lived asset impairment charge in the range of $35.0 to $49.0 million (after-tax of $24.8 to $34.7 million).

“We remain focused on executing our strategic initiatives to strengthen and expand our operating platform,” stated Jim Cacioppo, chief executive officer, chairman and founder of Jushi. “During the third quarter, we bolstered our retail …

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