FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Cacioppo James
2. Date of Event Requiring Statement (Month/Day/Year)
08/12/2022
3. Issuer Name and Ticker or Trading Symbol
Jushi Holdings Inc. [JUSH/JUSHF]
(Last)
(First)
(Middle)
C/O JUSHI HOLDINGS INC., 301 YAMATO ROAD, SUITE 3250
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BOCA RATON, FL 33431
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Subordinate Voting Shares 4,619,627
D
 
Subordinate Voting Shares 2,500,000
I
OEP Opportunities, L.P.
Subordinate Voting Shares 1,400,000
I
One East Capital Advisors, L.P.
Subordinate Voting Shares 2,603,350
I
One East Partners L.P.
Subordinate Voting Shares 795,488
I
ST2 LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   (1) 10/27/2031 Subordinate Voting Shares 2,920,000 $ 3.91 D  
Stock Option (right to buy)   (1) 10/27/2031 Subordinate Voting Shares 80,000 $ 3.91 D  
Stock Option (right to buy) 04/17/2022 04/17/2029 Subordinate Voting Shares 2,385,000 $ 2 D  
Stock Option (right to buy)   (2) 07/28/2032 Subordinate Voting Shares 3,000,000 $ 1.93 D  
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 2,500,000 $ 1 I OEP Opportunities, L.P.
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 2,500,000 $ 1 I One East Partners L.P.
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 5,000,000 $ 1 D  
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 1,375,000 $ 0.5 I One East Capital Advisors LP
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 1,400,000 $ 1 I One East Capital Advisors LP
Warrant (right to buy) 07/11/2020 12/23/2024 Subordinate Voting Shares 1,500,000 $ 1.25 I OEP Opportunities, L.P.
Warrant (right to buy) 09/27/2018 09/27/2023 Subordinate Voting Shares 175,000 $ 1.5 I One East Partners L.P.
Warrant (right to buy) 07/11/2020 12/23/2024 Subordinate Voting Shares 1,500,000 $ 1.25 I One East Partners L.P.
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 150,000 $ 1.35 I One East Management Services, LLC
Warrant (right to buy) 06/10/2019 06/10/2029 Subordinate Voting Shares 10,000 $ 2 I One East Management Services, LLC
Warrant (right to buy) 07/11/2020 12/23/2024 Subordinate Voting Shares 3,000,000 $ 1.25 I Serpentine Capital Management II LLC
Warrant (right to buy) 07/11/2020 12/23/2024 Subordinate Voting Shares 900,000 $ 1.25 I JAC Serpentine, LLC

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cacioppo James
C/O JUSHI HOLDINGS INC.
301 YAMATO ROAD, SUITE 3250
BOCA RATON, FL 33431
  X   X   Chief Executive Officer  

Signatures

/s/ Louis Jon Barack, attorney-in-fact 08/12/2022
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) One-third of the Option will vest on each of the first, second and third anniversaries of the Vesting Commencement Date (5/1/2021), subject to continuous service.
(2) 33.33% of the total number of Shares subject to the Option shall be vested as of the Date of Grant (7/28/2022) and 33.33% of the total number of Shares subject to the Option will vest on each January 1 thereafter, subject to continuous service.
 
Remarks:
Exhibit 24 - Power of Attorney

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