Investing in Jushi Holdings involves substantial risks typical of the emerging cannabis sector, including regulatory uncertainty at the federal level, potential legislative delays, and strict state-by-state licensing frameworks. Additional financial risks include heavy debt burdens, capital expenditure requirements, cash flow volatility, potential stock dilution, and intense competition within limited-license medical and adult-use markets. Macroeconomic pressures, high interest rates, and restricted access to traditional banking services compound operational challenges for multi-state cannabis operators.