Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS

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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
 17. RELATED PARTY TRANSACTIONS
The Company had the following related party transactions:
Three Months Ended March 31, As of
2024 2023 March 31, 2024 (unaudited) December 31, 2023
Nature of transaction Related Party Expense Related Party Payable
12% Second Lien Notes - interest expense and principal amount (1)
$ (577) $ (521) $ (19,493) $ (19,788)
Other debt (2)
$ —  $ —  $ (3,225) $ (3,298)
(1)For the periods ended March 31, 2024 and December 31, 2023, the Second Lien Notes payable and the related interest expense includes amounts related to the Company’s Chief Executive Officer, 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.