RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2023


15. RELATED PARTY TRANSACTIONS

The Company had the following related party transactions:


	Three Months Ended March 31,				As of
	2023		2022		March 31, 2023 (unaudited)		December 31, 2022
Nature of transaction	Related Party Expense				Related Party Payable


10% Senior Notes - interest expense and principal amount	$	—	$	(9)	$	—	$	—
12% Second Lien Notes - interest expense and principal amount (1)	$	(521)	$	—	$	(18,241)	$	(17,491)
Other debt (2)	$	—	$	—	$	(3,250)	$	(3,189)

(1)For the periods ended March 31, 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.