Posted: 07/04/2025 03:45 am
Jushi Holdings Inc., a vertically integrated, multi-state cannabis operator known for its strategic moves in the medicinal chemicals and botanical products industry, has recently drawn attention due to fluctuations in its leadership compensation and operational strategies. Leading the company at the forefront of these endeavors is James Cacioppo, the CEO of Jushi, whose compensation over the past three years shows notable trends reflective of the company's dynamics.
In 2024, Cacioppo’s total compensation was reported at $3,551,206. This package included a salary of $850,032, a bonus of $1,619,051, and option awards worth $1,027,330, with no stock awards or incentive plan compensation.^1 The addition of other compensatory elements amounted to $54,793. Compared to 2023, his compensation displayed a slight decrease, with the total reaching $3,565,914.^2 This was due to a marginally higher bonus and option awards than in 2024, alongside an even lower 'all other compensation' component. Interestingly, 2022 marked a peak in Cacioppo’s compensation, totaling a substantial $8,500,049, driven significantly by option awards that valued at $6,715,991.^3 This sharp contrast raised discussions about the linkage between executive compensation, company performance, and shareholder interests.
While Cacioppo's compensation reflects one facet of Jushi’s operational landscape, the company has been an active player in broader cannabis regulatory and market developments. Recently, Jushi publicly supported Pennsylvania Governor Josh Shapiro's budget proposal, which includes provisions for adult-use cannabis. This move underscores Jushi's commitment to influencing regulatory environments that favor the cannabis industry.^4
Furthermore, Jushi has been transparent with its operational outcomes. During the Q1 2025 earnings call, the company disclosed a quarterly loss, reporting a $0.09 per share loss which fell behind revenue estimates, a performance in line with the same period a year ago.^5 Despite these financial challenges, Jushi’s retail strategy continues to show promise, with 40 operational locations by quarter-end and plans to open an additional five stores within the year.^6
Recently, Jushi announced the voting results of its annual shareholders' meeting, reinforcing the company's engagement with its investors and stakeholder community.^7 Additionally, the company's stock, traded under the symbol JUSHF, has experienced fluctuations, currently priced at $0.32 with a positive change of approximately 5.38% from the previous close. Despite this increase, the market cap remains at $62,943,040 with long-term price averages indicating a need for strategic growth to recover from its past year’s low of $0.22, contrasting sharply with a year high of $0.69.^8
In summary, Jushi Holdings Inc. is navigating the complex cannabis market landscape with strategic leadership and market engagement. James Cacioppo’s executive compensation offers a window into the governance priorities, reflecting both challenges and growth ambitions within this rapidly evolving industry.
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1. Securities and Exchange Commission, 2025. "James Cacioppo Chief Executive Officer Compensation 2024." [SEC Filings](https://www.sec.gov/Archives/edgar/data/1909747/000162828025019342/0001628280-25-019342-index.htm).
2. Securities and Exchange Commission, 2024. "James Cacioppo Chief Executive Officer Compensation 2023." [SEC Filings](https://www.sec.gov/Archives/edgar/data/1909747/000162828024018146/0001628280-24-018146-index.htm).
3. Securities and Exchange Commission, 2023. "James Cacioppo Chief Executive Officer Compensation 2022." [SEC Filings](https://www.sec.gov/Archives/edgar/data/1909747/000162828023014302/0001628280-23-014302-index.htm).
4. GlobeNewswire, 2025. "Jushi Announces Support of Adult-Use Cannabis in Pennsylvania Governor’s Annual Budget Proposal and Address." [GlobeNewswire](https://www.globenewswire.com/news-release/2025/02/04/3093197/0/en/Jushi-Announces-Support-of-Adult-Use-Cannabis-in-Pennsylvania-Governor-s-Annual-Budget-Proposal-and-Address.html).
5. Zacks Investment Research, 2025. "Jushi Holdings Inc. (JUSHF) Reports Q1 Loss, Lags Revenue Estimates." [Zacks](https://www.zacks.com/stock/news/2465518/jushi-holdings-inc-jushf-reports-q1-loss-lags-revenue-estimates?cid=CS-STOCKNEWSAPI-FT-tale_of_the_tape%7Cyseop_template_4-2465518).
6. GlobeNewswire, 2025. "Jushi Holdings Inc. Reports First Quarter 2025 Financial Results." [GlobeNewswire](https://www.globenewswire.com/news-release/2025/05/08/3077652/0/en/Jushi-Holdings-Inc-Reports-First-Quarter-2025-Financial-Results.html).
7. GlobeNewswire, 2025. "Jushi Holdings Inc. Announces Voting Results of Annual Shareholders' Meeting." [GlobeNewswire](https://www.globenewswire.com/news-release/2025/06/03/3093197/0/en/Jushi-Holdings-Inc-Announces-Voting-Results-of-Annual-Shareholders-Meeting.html).
8. Market Snapshot, 2025. "Jushi Holdings Inc. Current Stock Price and Market Performance."
