Company: JUSHF
Filing Date: 2025-02-27
Form Type: SCHEDULE 13D/A
Source: 0001628280-25-008852
Chunk: 1

Company: Jushi Holdings Inc.
Filing Date: 2025-02-27
Form: SCHEDULE 13D/A
Chunk 1
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 Type of Reporting Person: The percentage of class in row 13 above was calculated based on (i) 196,696,597 Subordinate Voting Shares outstanding as of November 1, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on November 7, 2024.

| SCHEDULE 13D |

| CUSIP No. | 48213Y107 |

| 1                                                                  |                                                Serpentine Capital Management II, LLC |
| 2                                                                  |                                                                                -a)(b |
| 3                                                                  |                                                                         SEC use only |
| 4                                                                  |                                                                                   WC |
| 5                                                                  |  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) |
| 6                                                                  |                                                                             DELAWARE |
| Number of Shares Beneficially Owned by Each Reporting Person With: |                                                                     7   719,080.00   
                                                                     8         0.00   
                                                                     9   719,080.00   
                                                                       10        0.00 |
| 11                                                                 |                                                                           719,080.00 |
| 12                                                                 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions) |
| 13                                                                 |                                                                                0.4 % |
| 14                                                                 |                                                                                   PN |

Comment for Type of Reporting Person: The amount set forth in rows 7, 9, and 11 above consist of 719,080 Subordinate Voting Shares which Serpentine Capital Management II, LLC has the right to acquire through exercise of warrants within sixty days from February 25, 2025. The percentage of class in row 13 above was calculated based on (i) 196,696,597 Subordinate Voting Shares outstanding as of November 1, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on November 7, 2024, and (ii) 719,080 Subordinate Voting Shares which Serpentine Capital Management II, LLC has the right to acquire through exercise of warrants within sixty days from February 25, 2025.

| SCHEDULE 13D |

| CUSIP No. | 48213Y107 |

| 1                                                                  |                                                Serpentine Capital Management III LLC |
| 2                                                                  |                                                                                -a)(b |
| 3