Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v3.23.3
RELATED PARTY TRANSACTIONS (Tables)
 9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The Company had the following related party transactions:
Three Months Ended September 30, Nine Months Ended September 30, As of
2023 2022 2023 2022 September 30, 2023 (unaudited) December 31, 2022
Nature of transaction Related Party Expense Related Party Expense Related Party Payable
10% Senior Notes - interest expense and principal amount
 $ —  $ (9) $ —  $ (26) $ —  $ — 
12% Second Lien Notes - interest expense and principal amount (1)
$ (538) $ —  $ (1,622) $ —  $ (18,283) $ (17,491)
Other debt (2)
$ —  $ —  $ —  $ —  $ (3,162) $ (3,189)
(1)For the periods ended September 30, 2023 and December 31, 2022, the Second Lien Notes payable and the related interest expense includes amounts related to a director as well as a significant investor.
(2)Other debt relates to Jushi Europe. On February 16, 2022, Jushi Europe filed a notice of over-indebtedness with the Swiss courts. Then, the Swiss courts declared Jushi Europe’s bankruptcy on May 19, 2022. As a result, Jushi Europe updated its corporate name to Jushi Europe SA in liquidation, which is still on-going.