Jushi Holdings Inc. Announces Grand Opening of Beyond Hello™ Mansfield in Ohio, Expanding Its Statewide Retail Footprint
New Beyond Hello™ Adult-Use and Medical Dispensary Opens in Mansfield, OH
Fifth Beyond Hello Dispensary in Ohio and 41st Nationwide
First Licensed Dispensary Opening in the Mansfield Area
Grand Opening Celebration with Exclusive Promotions April 19- May 4, 2025
A Media Snippet accompanying this announcement is available by clicking on this link.
BOCA RATON, Fla., April 18, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. ('Jushi' or the 'Company') (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, today announced the grand opening of its Beyond Hello™ Mansfield location at 1515 Lexington Ave, Mansfield, OH 44907, marking the fifth Beyond Hello™ dispensary in the state of Ohio and the Company's 41st store nationwide.
The new dispensary will officially open its doors on Saturday, April 19, 2025, and will operate Monday through Saturday from 9:00 AM to 9:00 PM and Sunday from 10:00 AM to 6:00 PM. Customers can place online reservations for in-store pickup at beyond-hello.com. For additional information, the store can be reached directly at (419) 775-4208.
Strategically located on Lexington Avenue in the heart of Mansfield's commercial corridor, Beyond Hello Mansfield offers convenient access, ample parking, and high visibility along one of the area's most well-trafficked thoroughfares. Surrounded by retail, dining, and community amenities, the location is well-positioned to serve both new and existing customers in Richland County and beyond. Positioned between Cleveland and Columbus, Mansfield serves as a central destination for surrounding communities and offers access to a wide range of amenities and services.
As the first licensed dispensary to open in the Mansfield area, Beyond Hello™ brings local residents access to safe, legal cannabis for both medical and adult-use purposes. The store will offer a curated selection of top-tier cannabis products including flower, vapes, concentrates, edibles, and wellness items. As with all Beyond Hello™ stores, customers will be guided by a team of knowledgeable, compassionate cannabis professionals focused on providing a personalized and welcoming experience.
To celebrate, Beyond Hello™ will be offering special grand opening promotions (Learn more) to all patients and customers through May 4 th.
'We're thrilled to continue our momentum in Ohio with the opening of Beyond Hello Mansfield,' said Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi Holdings Inc. 'Mansfield plays a vital role in the region, and we're proud to bring a modern, customer-focused cannabis retail experience to its residents. As Ohio's adult-use market continues to evolve, we're committed to offering high-quality products, education, and access to consumers throughout the state.'
Jushi continues to build out its vertically integrated operations in Ohio, where it also cultivates and manufactures a variety of in-house brands including The Bank, SeCHe, The Lab, and Tasteology. By expanding its retail reach, Jushi ensures greater availability of its premium products while strengthening its presence in the state's dynamic and growing cannabis landscape.
For more information, visit beyond-hello.com or follow Beyond Hello™ on social media.
About Jushi Holdings Inc.
We are a vertically integrated cannabis company led by an industry-leading management team. 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, visit jushico.com or our social media channels, Instagram, Facebook, X and LinkedIn.
Forward-Looking Information and Statements
This press release may contain 'forward-looking statements' and 'forward‐looking information' within the meaning of applicable securities laws, including Canadian securities legislation and United States ('U.S.') securities legislation (collectively, 'forward-looking information') which are based upon the Company's current internal expectations, estimates, projections, assumptions and beliefs. All information, other than statements of historical facts, included in this report that address activities, events or developments that Jushi expects or anticipates will or may occur in the future constitutes forward‐looking information. Forward‐looking information is often identified by the words, 'may', 'would', 'could', 'should', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' or similar expressions and includes, among others, information regarding: future business strategy, competitive strengths, goals, expansion and growth of Jushi's business, operations and plans, including new revenue streams; roll out of new operations; the implementation by Jushi of certain product lines; implementation of certain research and development; the application for additional licenses and the grant of licenses that will be or have been applied for; the expansion or construction of certain facilities; the reduction in the number of our employees; the expansion into additional U.S. markets; any potential future legalization of adult use and/or medical marijuana under U.S. federal law; the expectation of repayment of debt to de-lever our balance sheet; expectations of market size and growth in the U.S. and the states in which Jushi operates; expectations for other economic, business, regulatory and/or competitive factors related to Jushi or the cannabis industry generally; and other events or conditions that may occur in the future.
Readers are cautioned that forward‐looking information is not based on historical facts but instead is based on reasonable assumptions and estimates of the management of the Company at the time they were provided or made and such information involves known and unknown risks, uncertainties, including our ability to continue as a going concern, and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as applicable, to be materially different from any future results, performance or achievements expressed or implied by such forward‐looking information. Such factors include, among others: risks relating to U.S. regulatory landscape and enforcement related to cannabis, including political risks; risks relating to anti‐money laundering laws and regulation; other governmental and environmental regulation; public opinion and perception of the cannabis industry; risks related to the economy generally; risks related to inflation, the rising cost of capital, and stock market instability; risks relating to pandemics and forces of nature; risks related to contracts with third party service providers; risks related to the enforceability of contracts; the limited operating history of Jushi; Jushi's history of operating losses and negative operating cash flows; reliance on the expertise and judgment of senior management of Jushi; risks inherent in an agricultural business; risks related to co‐investment with parties with different interests to the Company; risks related to proprietary intellectual property and potential infringement by third parties; risks relating to the management of growth; costs associated with Jushi being a publicly-traded company and a U.S. and Canadian filer; increasing competition in the industry; risks associated with cannabis products manufactured for human consumption including potential product recalls; reliance on key inputs, suppliers and skilled labor; reliance on manufacturers and contractors; risks of supply shortages or supply chain disruptions; cybersecurity risks; constraints on marketing products; fraudulent activity by employees, contractors and consultants; tax and insurance related risks; risk of litigation; conflicts of interest; risks relating to certain remedies being limited and the difficulty of enforcing judgments and effecting service outside of Canada; risks related to completed, pending or future acquisitions or dispositions, including potential future impairment of goodwill or intangibles acquired and/or post-closing disputes; sales of a significant amount of shares by existing shareholders; the limited market for securities of the Company; risks related to the continued performance of existing operations in California, Illinois, Massachusetts, Nevada, Ohio, Pennsylvania, and Virginia; risks related to the anticipated openings of additional dispensaries or relocation of existing dispensaries; risks relating to the expansion and optimization of the cultivation and/or processing facilities in Massachusetts, Nevada, Ohio, Pennsylvania and Virginia; risks related to opening new facilities, which is subject to licensing approval; limited research and data relating to cannabis; risks related to challenges from governmental authorities with respect to the Company's tax credits; and risks related to the Company's critical accounting policies and estimates. Refer to Part I - Item 1A. Risk Factors in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on April 1, 2024 for more information.
Although Jushi has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward‐looking information will prove to be accurate as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on the forward‐looking information contained in this press release or other forward-looking statements made by Jushi. Forward‐looking information is provided and made as of the date of this press release and Jushi does not undertake any obligation to revise or update any forward‐looking information or statements other than as required by applicable law.
Unless the context requires otherwise, references in this press release to 'Jushi,' 'Company,' 'we,' 'us' and 'our' refer to Jushi Holdings Inc. and our subsidiaries.
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Synopsys Receives Frost & Sullivan's 2025 Global Technology Innovation Leadership Award for Advancing Analog In-Memory Computing
Synopsys recognized for its comprehensive AI-driven EDA suite and cloud-enabled design environment accelerating analog in-memory computing development—a next-gen solution enabling advanced AI chips SAN ANTONIO, June 26, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that Synopsys, a global leader in silicon to systems design solutions has been awarded the 2025 Global Technology Innovation Leadership Award in the analog in-memory computing segment for its outstanding product innovation, strategy execution, and customer-centric enablement. This recognition reflects Synopsys' leadership advancing analog in-memory computing (AIMC) design in a unified analog and mixed-signal development environment that supports next-generation, energy-efficient AI computing systems. Each year, Frost & Sullivan presents the Technology Innovation Leadership Award to companies demonstrating outstanding strategy development and implementation, driving measurable improvements in market share, customer satisfaction, and competitive positioning. Synopsys earned this recognition for providing engineers with tools that address analog complexity, significantly reducing design time and boosting productivity for AIMC-based system-on-chip (SoC) architectures. "Synopsys delivers a comprehensive and integrated suite of technologies that significantly lowers the barrier for developing analog in-memory compute systems, particularly for startups and innovators in AI hardware," said Jabez Mendelson, research manager at Frost & Sullivan. "Their unique combination of AI-enhanced tools, simulation performance, and cloud-native delivery exemplifies technology leadership and customer-focused innovation." "Synopsys is committed to helping customers address their compounding design complexities and unlock new levels of innovation at the edge and in the cloud," said Sanjay Bali, senior vice president of Strategy and Product Management at Synopsys. "This recognition underscores our focus on delivering industry-leading, AI-powered EDA solutions that tame the complexities of analog design migration, supercharge productivity, and speed up the creation of high-performance AI chips." Synopsys' Recognized Analog Design Solutions Trusted by startups, leading design houses, and semiconductor foundries, Synopsys' analog solutions drive next-generation innovation through a comprehensive and integrated suite of technologies. Synopsys analog design suite solutions recognized, include: Synopsys PrimeSim™, the industry's fastest GPU-accelerated SPICE simulator, delivers advanced ML-based High-Sigma Monte Carlo analysis and library characterization. It achieves up to 15x speed-up using NVIDIA GH200 Superchips and is projected to reach 30x speed-up with the NVIDIA Grace Blackwell platform, enabling SPICE-level circuit simulation in hours instead of days. PrimeSim's acceleration empowers engineers to innovate faster and improve productivity, driving the development of high-performance AI chips. Synopsys Custom Compiler™, paired with the PrimeWave™ Design Environment, provides powerful analog and mixed-signal design capabilities. Together, these tools enable seamless integration, flexible simulation, and reliability analysis, supporting the creation of innovative chip designs. Synopsys Cloud, offers instant, browser-based access to the full Synopsys EDA suite, compute infrastructure, and preconfigured flows under a flexible pay-per-use model. Synopsys Cloud has helped customers increase their time to results by 40% on average in addition to driving development improvements. "Circuit simulation is an essential workload in semiconductor design and is extremely compute-intensive. Accelerating Synopsys PrimeSim with NVIDIA CUDA-X and Grace Blackwell unlocks the design of the next generation of processors that will fuel the AI industrial revolution," said Tim Costa, Sr. Director of CUDA-X and CAE, NVIDIA. The breadth of Synopsys' analog design portfolio delivers unmatched capabilities, including Synopsys ™, AI-driven layout-aware optimization for rapid analog IP migration across process nodes, a robust mixed-signal flow with real-time view swapping enabling 5X to 10X faster verification, circuit simulation with hybrid timing delivering multifold acceleration in high-bandwidth memory timing verification, and Synopsys NanoTime offering exhaustive transistor-level static timing analysis. "As design complexity escalates at advanced process nodes, our collaboration with Synopsys plays a pivotal role in helping customers overcome these challenges," said Hyung-Ock Kim, vice president and head of the Foundry Design Technology Team at Samsung Electronics. "By combining Samsung Foundry's most advanced technologies with Synopsys' AI-powered circuit optimization and GPU-accelerated tools like Synopsys and PrimeSim, respectively, we are delivering breakthrough performance and efficiency that accelerate time-to-market for next-generation semiconductor designs."
