Day: May 10, 2020

Jushi Holdings Inc. Terminates Agreement to Acquire Operational Adult-Use Dispensary in San Diego

BOCA RATON, Fla., May 10, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally focused, multi-state cannabis and hemp operator, announced the termination of an agreement to acquire an operational adult-use and medicinal dispensary in San Diego, CA.Under the agreement that was signed in the third quarter of 2019, Jushi was to purchase seventy-five percent (75%) equity and voting interest in the San Diego dispensary – subject to working capital and other customary adjustments – for a price of approximately US$12 million. The closing of the transaction was subject to regulatory and other customary closing conditions and was initially scheduled for completion by the end of 2019. On April 8, 2020 the Company notified the sellers of the San Diego dispensary that they were in breach...

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Agreement signed with the Union of Icelandic Aircraft Maintenance Technicians (FVFI)

Icelandair ehf. and the Union of Icelandic Aircraft Maintenance Technicians (FVFI) have agreed on an amended collective-bargaining agreement for the period 1 January 2021 to 31 December 2025. The new agreement reflects the Company’s objectives of strengthening its long-term competitiveness but at the same time maintaining good compensation and working conditions.FVFI will now present the collective-bargaining agreement to its members who will vote on the agreement.Contact informationInvestors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandairgroup.isMedia: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is

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