The cannabis market has blown up to massive proportions since most US states declared marijuana-based products legal for medical and even recreational use. And while the market is quite raw, some are already ahead of the curve. One such company is Jushi Holdings, one of Miami’s fastest-growing companies and one of the nation’s leading cannabis-based businesses.
In 2018, company founder Jim Cacioppo started working alongside cannabis experts Erich Mauff and Jon Barack. The trio spotted an open opportunity if they put their heads together and began collaborating to build one of the biggest companies that offered cannabis products to open customers. This realization gave birth to Jushi Holdings, LLC, a rapidly growing enterprise out to change the world using deploying top-notch business applications, cannabis processing, retailing, and product development.
Jushi currently carries an array of high-level brands of cannabis-based products available for retail and online ordering. Their brands include products like The Bank Flower + Genetics, The Lab Concentrates, Nira Medicinals, Seche, Tasteology, and Nira. Easily one of its flagships, Jushi’s The Bank is an award-winning product that combines the best plant genetics and cultivation to bring cannabis processing down to an exact science. The product stemmed from both the understanding and passion for providing a revolutionary product that can help with various health issues.
All of Jushi Holdings’ other products are the outcome of years of extensive research and a commitment to the topmost level of consistency and customer satisfaction. At the helm of the company’s dedication is its founder and CEO, Jim Cacioppo, who brings an operational, financial, and start-up perspective to the business. Before starting Jushi Holdings, Jim worked in business management and held multiple senior management positions in some of the most significant hedge funds in the country. He has over two decades of experience in management and business, including serving as the President and Co-Portfolio Manager of Sandell Asset Management and the Head of Distressed Debt for Halcyon Management. He has managed an accumulated amount of over $15 billion in his lifetime and has become a legend in the world of private equity and operational strategy.
Under Jim’s leadership, Jushi’s operations have grown massively, expanding to three offices, including Miami, Denver, and New York City. The company has received the honor of being one of Miami’s fastest-growing companies after reaching 126 staff in three years and growing by 81% in the last year. Currently, the company is making up to $22.4M per year, a number that will most likely continue to grow with time.
As the nation and the world open up to legal cannabis use, entrepreneurs have been taking the opportunity to jump into the market. Very quickly, the industry has become highly saturated with thousands of small businesses, large corporations, and even network marketing companies trying to maximize the opportunity. Despite the competition, Jushi Holdings has done a spectacular job in differentiating its products and strategically placing them in the right places. Jushi’s products are currently in thirty retail stores and available online through various digital marketplaces.
Jushi has done more than enough to prove that its place in the market will remain solid for the better part of the next few years and beyond. Learn more about the company by visiting its website.