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), a vertically integrated, multi-state cannabis operator, announced that its subsidiary, Production Excellence, LLC ( Production Excellence ), has completed the previously announced acquisition on July 25, 2019 of 100% of the equity of Franklin Bioscience NV, LLC ( FBS Nevada ). FBS Nevada holds medical and adult-use cannabis cultivation, processing, and distribution licenses issued by the Nevada Cannabis Control Board and currently operates cultivation, production and distribution facilities in North Las Vegas, Nevada. Jushi also owns the real estate associated with FBS Nevada s facilities in North Las Vegas, Nevada. The facilities acquired include two adjacent buildings with cultivation, manufacturing and distribution capabilities.
In July 2019, the Company s subsidiary, Production Excellence, entered into the Nevada market under a management services agreement with FBS Nevada. FBS Nevada operates one of the two 7,500 square foot adjacent facilities and has upgraded the facility
April 5, 2021 at 9:22 am Published by NCV Newswire
Solidifies Presence in Nevada Market with High-Quality Cultivation, Processing and Distribution Assets
BOCA RATON, Fla., April 5, 2021 – Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced that its subsidiary, Production Excellence, LLC (“Production Excellence”), has completed the previously announced acquisition on July 25, 2019 of 100% of the equity of Franklin Bioscience NV, LLC (“FBS Nevada”). FBS Nevada holds medical and adult-use cannabis cultivation, processing, and distribution licenses issued by the Nevada Cannabis Control Board and currently operates cultivation, production and distribution facilities in North Las Vegas, Nevada. Jushi also owns the real estate associated with FBS Nevada’s facilities in North Las Vegas, Nevada. The facilities acquired include two adjacent buildings with cultivation, man