Jushi Favorably Modifies Mortgage on Virginia Cultivation, Manufacturing Facility

September 22, 2025

[PRESS RELEASE] – BOCA RATON, Fla., Sept. 22, 2025 – Jushi Holdings Inc., a vertically integrated, multistate cannabis operator, announced the execution of a modification to its existing secured commercial loan with FVCBank.

In connection with the modification:

  1. The company has received an additional $4 million in loan proceeds;
  2. The maturity date of the loan has been extended to Sept. 18, 2030; and
  3. The interest rate floor has been lowered from 8.25% to 7.5%.

The loan, as modified, remains principally secured by the company’s cultivation and manufacturing facility located in Manassas, Va. The additional loan proceeds will be used for capital expenditures, working capital and other corporate purposes.

 

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