(1) | Represents (i) 4,852,757 Subordinate Voting Shares, without par value (the “Subordinate Voting Shares”), of Jushi Holdings Inc. (the “Registrant”) available for issuance in connection with awards granted pursuant to the Registrant’s 2019 Equity Incentive Plan (the “Plan”) and 28,583,926 Subordinate Voting Shares reserved for issuance pursuant to stock option awards outstanding under the Plan as of the date hereof. The number of Subordinate Voting Shares available for issuance under the Plan will be increased by any Subordinate Voting Shares in respect of which an award under the Plan is (i) exercised, (ii) granted under the Plan but not exercised prior to the termination of such award, (iii) not vested or settled prior to the termination or forfeiture of such award due to the expiration, termination, forfeiture, repurchase, cancellation or lapse of such award, (iv) settled in cash in lieu of settlement in Subordinate Voting Shares, or (v) in the case of restricted stock awards in respect of which such restricted stock awards are fully vested, subject to the maximum limit set forth in the Plan. |