Jushi Favorably Modifies Mortgage on Virginia Cultivation, Manufacturing Facility

The company received $4 million in additional loan proceeds and an extended maturity, bolstering its balance sheet for growth initiatives.

Jushi Holdings Inc.

Posted by CBT Staff

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:

The company has received an additional $4 million in loan proceeds;
The maturity date of the loan has been extended to Sept. 18, 2030; and
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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