Jushi Holdings Inc. Announces the Appointment of Marina Hahn to its Board of Directors
Jushi Holdings Inc. (OTCMKTS: JUSHF) has appointed Marina Hahn to its Board of Directors. Ms. Hahn has a proven record in creating successful consumer brands and new product categories. Previously, she co-founded ZX Ventures and was President at Flex Pharma. Her extensive experience in brand development is expected to support Jushi's expansion of its retail brand, BEYOND / HELLO, and its suite of cannabis products. Jushi aims to maximize shareholder value through strategic growth in limited license markets.
- Marina Hahn's appointment enhances board expertise in consumer brand strategy.
- Hahn's experience with successful startups may lead to innovative product development.
- Expected positive impact from her insights on capital deployment and market expansion.
- Concerns about continuity with potential experience gap if new strategies fail to align with current operations.
Bolsters Board Strength with Successful Marketing Executive and Experienced Brand Builder
BOCA RATON, Fla., May 26, 2021 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, is pleased to announce that Marina Hahn has been appointed to its Board of Directors effective immediately.
Ms. Hahn is an experienced industry leader with a strong track record of building culturally relevant consumer brands and disruptive new product categories, as well as driving value creation across startups, turnarounds, and Fortune 500 corporations. To date, Ms. Hahn has launched three highly successful image-based consumer brands that have delivered on her goal of providing superior consumer experiences. A highly strategic thinker who employs unorthodox creative approaches and the latest technologies, Ms. Hahn is effective in building operations, supply chain, product portfolios and sales organizations.
Ms. Hahn has spent the last several years as VP, Co-Founder of New Business at ZX Ventures, the growth arm of Anheuser-Busch. In her role, she created the structure, the strategy and the team that drove a portfolio of new beverage ventures including energy, wine and spirits brands. Prior to ZX Ventures, Ms. Hahn served as President of the consumer division at Flex Pharma, Inc., an innovative biotech formed as a result of a scientific breakthrough for athletes who suffer from muscle cramps. Prior to Flex Pharma, Ms. Hahn founded SVEDKA Vodka (acquired by Constellation Brands, Inc.), an irreverent lifestyle brand where she originated the iconic spokesbot, SVEDKA_grl. During Ms. Hahn’s early career at PepsiCo, Inc., she oversaw five consecutive years of award-winning Super Bowl campaigns.
“We are thrilled to welcome Marina to Jushi’s Board of Directors,” said Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi. “Marina brings extensive board and consumer brand experience that she has refined throughout her successful career with startups and multinational corporations. Her knowledge and strategic guidance will be essential as we expand our footprint and continue to introduce our BEYOND / HELLOTM retail brand, and as we build and promote our suite of brands that currently includes The Bank, The Lab, Tasteology, Nira + Medicinals, and Seche to a growing base of patients and consumers.”
Marina Hahn added, “With a vast array of consumer brands and a coveted portfolio of retail and cultivation assets, I am very excited to be joining Jushi’s Board of Directors. I have been very impressed with the Company’s disciplined approach to capital deployment and admire the work they have done to strategically expand their targeted footprint in limited license markets. I look forward to working alongside my fellow Board members, and Jushi’s leadership team to leverage my experience and expertise as we continue to expand the Company’s footprint in new and existing markets, while driving profitability this year and beyond.”
Ms. Hahn currently serves on the board of NYSE company, Vapotherm, Inc., an advanced medical technology business that provides cutting edge products to treat respiratory illnesses. Previously, she served for 14 years on the board of the Hain Celestial Group, Inc., a Nasdaq company with a
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, please visit www.jushico.com or our social media channels, Instagram, Facebook, Twitter, and LinkedIn.
Forward-Looking Information and Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current conditions but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, involve estimates, projections, plans, goals, forecasts, and assumptions that may prove to be inaccurate. As a result, actual results could differ materially from those expressed by such forward-looking statements and such statements should not be relied upon. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans,” “expects” or “does not expect,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not anticipate,” or “believes,” or variations of such words and phrases or may contain statements that certain actions, events or results “may,” “could,” “would,” “might” or “will be taken,” “will continue,” “will occur” or “will be achieved”.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has certain expectations and has made certain assumptions. Expectations, assumptions, and risk factors are more fully described in the Company’s Management, Discussion and Analysis for the three months ended September 30, 2020, and other filings with securities and regulatory authorities which are available at www.sedar.com. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
For further information, please contact:
Investor Relations Contact:
Michael Perlman
Executive Vice President of Investor Relations and Treasury
561-281-0247
Investors@jushico.com
Media Contact:
Ellen Mellody
MATTIO Communications
570-209-2947
Ellen@Mattio.com
FAQ
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