Jushi Holdings Inc. a vertically integrated, multi-state cannabis operator, is providing this bi-weekly update on the status of the management cease trade order granted on May 3, 2021 (the "MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). The MCTO was applied for and granted following the company's announcement on April 21, 2021 (the "Default Announcement") that it was unable to file it audited annual financial statements for the year ended December 31, 2020, the related management's discussion and analysis, related CEO and CFO certificates and annual information form for the year ended December 31, 2020 (collectively, the "Documents") on or before April 30, 2021, as required under applicable securities laws. The MCTO does not affect the ability of investors who are not insiders to trade in the securities of the company.