Else Nutrition

VERANO HOLDINGS (OTCMKTS: VRNOF) STOCK QUOTE

Last Trade: US$5.25 -0.11 -1.96
Volume: 43,694
5-Day Change: -3.41%
YTD Change: 17.08%
Market Cap: US$1.800B

LATEST NEWS FROM VERANO HOLDINGS

CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to release financial results for the first quarter ended March 31, 2024, before the market opens on Wednesday, May 8, 2024. A conference call and webcast with analysts and investors is scheduled for May 8, 2024 at 8:30 a.m. ET /... Read More
Cabbage Club ™ Challenges the Status Quo, Breaks Through Sea of Retail Monotony by Rewarding Community of Cannabis Consumers with Exclusive Member Savings, Offerings and Experiences Demonstrating the Company’s focus on innovation, differentiation and disruption, Verano’s Cabbage Club ™ is the first nationwide proprietary multi-state cannabis membership club, offering consumers the opportunity to join to unlock exclusive... Read More
Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated $73 million in Free Cash Flow 1 for 2023, Meeting Guidance CHICAGO, March 15, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced revised financial results for the fourth quarter and full year... Read More
CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate in the following conferences: 36 th Annual Roth Conference Aaron Miles, Chief Investment Officer, will participate in a panel titled: Unlocking Capital & Growth on U.S. Federal... Read More
Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated $73 million in Free Cash Flow 1 for 2023, Meeting Guidance CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the fourth quarter and full year ended... Read More
Zen Leaf Norristown, located at 436 Egypt Road, is the Company’s second new dispensary to open in the last month in Montgomery County, a suburban Philadelphia county with a robust population of over 856,000 1 residents The dispensary complements nearby Zen Leaf locations in Abington, Chester, Clifton Heights, Malvern, Sellersville, West Chester, Wynnewood, and northeast Philadelphia on Welsh Rd. Verano’s active operations... Read More
Zen Leaf Abington – Verano’s largest cannabis dispensary based on square footage – will offer an elevated experience for area patients including larger space, increased convenience and accessibility with additional parking, and the first Verano affiliated Pennsylvania dispensary to feature large ordering kiosks Zen Leaf Abington relocated less than a half mile from its former home to 1752 Old York Rd, a busy thoroughfare... Read More
CHICAGO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to release financial results for the fourth quarter and fiscal year ended December 31, 2023, before the market opens on Thursday, February 29, 2024. A conference call and webcast with analysts and investors is scheduled for February... Read More
Located at 463128 State Road 200, MÜV Yulee bolsters the Company’s retail presence in the Jacksonville metropolitan area, a region with more than 1.6 million residents 1 MÜV Yulee complements nearby MÜV dispensaries in Jacksonville Beach, Jacksonville-Hendricks and Jacksonville-Skymarks Verano’s active operations span 13 states, comprised of 137 dispensaries and 14 cultivation and processing facilities, with more than 1... Read More
(the) Essence genetics are carefully selected to deliver a spectrum of experiences to cannabis consumers, spanning timeless product formats including flower, pre-rolls, vapes, edibles and extracts (the) Essence portfolio - including the all-new Nectar line of terpene-rich cured resin products - is comprised of both novel and timeless genetics harvested and cured for optimal taste, aroma and experience Redesigned and... Read More
MÜV North Miami-Biscayne, situated at 12395 Biscayne Boulevard, adds a second MÜV location in Florida’s largest metro area, Miami-Dade County, with more than 2.7 million residents 1 Verano’s active operations span 13 states, comprised of 136 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp.... Read More
Delivers Record Revenue of $240 Million, Increasing Net Cash Provided by Operating Activities, and Raises and Tightens 2023 Free Cash Flow 1 Guidance Range to $72-76 Million CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the third quarter ended September 30, 2023, which... Read More
Located at 106 Florida Highway A1A, MÜV Satellite Beach bolsters the Company’s retail presence in Brevard County, an area with more than 606,000 residents 1 MÜV Satellite Beach joins nearby MÜV dispensaries in Titusville, Merritt Island and West Melbourne Verano’s active operations span 13 states, comprised of 135 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation... Read More
Forged at the intersection of cannabis culture, art and fashion, each Savvy Threads piece features Savvy-inspired designs from a variety of graphic artists The Savvy Threads store is available on SavvyThreads.com and features a variety of special-edition branded apparel that ships to all 50 United States To create a line of unique, evocative pieces, Verano partnered with artists Mike Frontier and Jacob Wayne of Chicago, and... Read More
CHICAGO, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, announced that its Class A subordinate voting shares (the “Shares”) begin trading today on Canada’s Neo Exchange Inc., operating as Cboe Canada (“Cboe Canada”). The Shares will trade in Canada on Cboe Canada under the same symbol “VRNO” and in the U.S. on the OTCQX... Read More
Company Executives to Ring Opening Bell in Toronto, Marking Verano’s First Day of Trading on Cboe Canada CHICAGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, announced that it has received final approval to commence trading of its Class A subordinate voting shares (the “Shares”) on Canada’s Neo Exchange Inc., operating... Read More
Located south of Connecticut’s capital and with a population of 30,000 residents 1 , Zen Leaf Newington is the second of six planned social equity joint venture dispensaries the Company plans to open across the state Zen Leaf Newington will welcome both medical patients and adult use customers and joins Verano’s existing Connecticut operations including Zen Leaf dispensaries in Meriden, Norwich and Waterbury, and CTPharma, a... Read More
MÜV Apopka is located at 3301 East State Road 436, a busy thoroughfare with an average daily traffic count of 48,500 vehicles 1 The dispensary is located in Orange County, a growing region with a population of over 1.4 million 2 Verano’s active operations span 13 states, comprised of 133 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO, Oct. 05,... Read More
CHICAGO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it has received conditional approval from Canada’s Neo Exchange Inc., operating as Cboe Canada (“Cboe Canada”), to list its Class A subordinate voting shares (the “Shares”). Upon listing the Shares on Cboe Canada, the Company plans to delist the... Read More
Dispensary-led punch card campaign will span eleven states throughout October for Breast Cancer Awareness Month CHICAGO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the launch of the Company’s third annual campaign on October 1 st supporting the Lynn Sage Breast Cancer Foundation for Breast Cancer... Read More
CHICAGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to release financial results for the third quarter ending September 30, 2023, before the market opens on Wednesday, November 8, 2023. A conference call and webcast with analysts and investors is scheduled for November 8, 2023 at 8:30... Read More
Company builds on groundbreaking 2022 partnership that raised $140,715 supporting Mission Green, spawned the formation of the Mission Green Alliance, and contributed to the release of Luke Scarmazzo Verano’s Round Up for Cannabis Reform program offers adult use customers and medical patients the option to round up purchases to the nearest dollar to donate directly to Mission Green Fundraising effort encompasses 127 of the... Read More
CHICAGO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate in the following conferences: ATB Life Sciences Institutional Investor Conference Darren Weiss, President, and Aaron Miles, Chief Investment Officer, will participate in a fireside chat... Read More
Company Delivers Record Quarterly Revenue of $234 Million and Tightens 2023 Free Cash Flow 1 Guidance to $65-75 Million CHICAGO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the second quarter ended June 30, 2023, which were prepared in accordance with U.S. Generally Accepted... Read More
CHICAGO, July 20, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the appointment of John Tipton, President of the Southern Region, and Charles Mueller to its Board of Directors (the “Board”) in conjunction with the retirement of Mike Smullen. “We are pleased to welcome John and Charles as the newest members of the... Read More
Situated in the eastern Connecticut city of 40,000 residents 1 , Zen Leaf Norwich is the first of six planned social equity joint venture dispensaries Verano plans to open across the state Zen Leaf Norwich will welcome both medical patients and adult use customers, and joins Verano’s existing Connecticut operations including Zen Leaf dispensaries in Meriden and Waterbury, and CTPharma, a state-of-the-art, 217,000 square foot... Read More
MÜV Fort Pierce is located at 1006 South U.S. Highway 1, a busy thoroughfare with an average daily traffic count of 31,000 vehicles 1 The dispensary is located in St. Lucie County, a growing region with a population of over 358,000 2 Verano’s active operations span 13 states, comprised of 131 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO, July... Read More
CHICAGO, June 30, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that on Saturday, July 1, the Company will commence adult use cannabis sales in Maryland at its four Zen Leaf retail locations across the state beginning at 9 a.m. ET local time. Verano will welcome state and local leaders at its Zen Leaf Elkridge... Read More
CHICAGO, June 29, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to release financial results for the second quarter ending June 30, 2023, before the market opens on Tuesday, August 8, 2023. A conference call and audio webcast with analysts and investors is scheduled for August 8, 2023 at 8:30 a.m. ET... Read More
MÜV Venice is located at 4369 South Tamiami Trail, a busy thoroughfare with an average daily traffic count of 30,500 vehicles 1 The dispensary is located in Sarasota County, a growing region with a population of over 462,000 2 Verano’s active operations span 13 states, comprised of 130 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO, June 29, 2023... Read More
On The Rocks offers small batch solventless extracts, including live rosin cartridges, concentrates and gummies, hand-crafted for the most pure and flavorful expression of the plant On The Rocks ™ solventless extracts are developed through dry sifting and ice water extraction methods to capture the essence of cannabis flower by isolating its cannabinoid- and terpene-rich trichomes On The Rocks ™ first launched in... Read More
Organic Vertical License Win Will Expand Company’s National Footprint and Strengthen Strategic Presence in the Southeast The Alabama vertical license will allow Verano to operate a cultivation and processing facility and five retail cannabis dispensaries throughout the state The addition of Alabama, a state with a growing population of more than 5 million residents 1 , will increase Verano’s active operations to 14 states... Read More
CHICAGO, June 06, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the promotion of key leaders, expanding the Company’s executive leadership team under Founder and Chief Executive Officer, George Archos. Darren Weiss, currently Chief Operating Officer, Chief Legal Officer and General Counsel of Verano, has been... Read More
MÜV Miami Kendall is located at 9711 SW 77th Avenue, directly adjacent to U.S. 1/Pinecrest Parkway, a busy thoroughfare with an average daily traffic count of 92,500 vehicles 1 The dispensary is Verano’s first in Miami-Dade County, Florida’s most populated region, with 2,673,837 residents 2 In 2021, the greater Miami area recorded a total of 24.2 million tourists, signifying a full recovery to pre-pandemic levels 3 Verano’s... Read More
Zen Leaf Pittsburgh McKnight is the Company’s 17 th affiliated dispensary and sixth retail location in the greater Pittsburgh area, joining existing local outlets in Cranberry, Monroeville, New Kensington, Pittsburgh Robinson and Washington The dispensary is based in Allegheny County, the second largest county in Pennsylvania with a population of over 1.2 million 1 Verano’s active operations span 13 states, comprised of 128... Read More
MÜV Zephyrhills is located at 5230 6 th Street near U.S. Route 301, a busy highway with an average daily traffic count of up to 19,500 vehicles 1 The dispensary is based in Pasco County, a growing region with a population of over 584,000 2 Verano’s active operations span 13 states, comprised of 127 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO,... Read More
Company Capitalizes on Strength of Recently-Converted Adult Use Markets to Deliver Revenue of $227 Million, a 12% Year-Over-Year Increase CHICAGO, May 10, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the first quarter ended March 31, 2023, which were prepared in accordance with U.S.... Read More
CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate in the following conferences: Wolfe Research Virtual May Consumer Conference Aaron Miles, Chief Investment Officer, will participate in a panel. DATE: May 11, 2023 TIME: 2:35 p.m. ET... Read More
CHICAGO, April 03, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate in the following conferences: SHARE Series Conference Inaugural Hybrid Event Live from the New York Stock Exchange Aaron Miles, Chief Investment Officer, and Julianna Paterra, Vice... Read More
Zen Leaf Buckhannon is located at 120 Buckhannon Crossroads near U.S. Route 119, a busy highway with an average daily traffic count of up to 50,000 vehicles 1 Zen Leaf Buckhannon is the first medical cannabis dispensary in Buckhannon and Upshur County, an area with a population of over 23,000 2 Verano’s active operations span 13 states, comprised of 126 dispensaries and 14 cultivation and processing facilities with more than... Read More
CHICAGO, March 30, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp . (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to release financial results for the first quarter ending March 31, 2023, before the market opens on Wednesday, May 10, 2023. A conference call and audio webcast with analysts and investors is scheduled for May 10, 2023 at 8:30 a.m. ET... Read More
Company Delivers Record Revenue of $879 Million, a 19% Year-Over-Year Increase CHICAGO, March 30, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the fourth quarter and year ended December 31, 2022, which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S.... Read More
CHICAGO, March 27, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it has simplified its capital structure by completing the conversion of all its outstanding Class B proportionate voting shares (“PV Shares”) into Class A subordinate voting shares (“SV Shares”), resulting in one class of outstanding shares.... Read More
CHICAGO, March 02, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it will release financial results for the fourth quarter and fiscal year ended December 31, 2022, before the market opens on Thursday, March 30, 2023. A conference call and audio webcast with analysts and investors will be held on March 30, 2023... Read More
MÜV Winter Springs is located at 1315 Tuskawilla Road, a busy thoroughfare with an average daily traffic count of 34,000 vehicles 1 MÜV is the first medical cannabis dispensary in Winter Springs, a city with a population of over 38,000 2 Verano’s active operations span 13 states, comprised of 125 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO,... Read More
MÜV West Palm Beach Okeechobee is located at 2550 Okeechobee Boulevard, a busy thoroughfare with an average daily traffic count of 48,000 vehicles 1 The dispensary is based in Palm Beach County, the third largest county in Florida with a population of 1.4 million 2 Verano’s active operations span 13 states, comprised of 124 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of... Read More
Zen Leaf Clifton Heights is the Company’s 16 th affiliated Pennsylvania dispensary and seventh retail location in the greater Philadelphia area, joining existing local outlets in Abington, Chester, Malvern, Philadelphia, West Chester and Wynnewood Zen Leaf is the first medical cannabis dispensary in Clifton Heights, a town with a population of over 6,700 1 Verano’s active operations span 13 states, comprised of 123... Read More
MÜV Orlando Colonial is located at 11247 East Colonial Drive, a busy thoroughfare with an average daily traffic count of 57,500 vehicles 1 Since February of 2022, Verano has opened 23 new MÜV locations in Florida, underscoring the Company’s continued retail expansion across the state Verano’s active operations span 13 states, comprised of 122 dispensaries and 14 cultivation and processing facilities with more than 1 million... Read More
CHICAGO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, announced that effective today, Ed Brown has stepped down from its Board of Directors to return to the alcohol industry. “We are so grateful to have had Ed’s expertise on Verano’s Board of Directors and Audit and Compensation Committees,” said George Archos, CEO and... Read More
MÜV is the first medical cannabis dispensary in Navarre, a town with a population of nearly 40,000 1 MÜV Navarre is located at 6863 Navarre Parkway, a busy thoroughfare with an average daily traffic count of 37,500 vehicles 2 Verano’s active operations span 13 states, comprised of 121 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity CHICAGO, Jan. 19, 2023... Read More
CHICAGO, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today celebrated the commencement of adult use cannabis sales in Connecticut at the Company’s Zen Leaf Meriden dispensary. The Company welcomed Lieutenant Governor Susan Bysiewicz, Department of Consumer Protection Commissioner Michelle H. Seagull, Social Equity... Read More
CHICAGO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate in the following conferences: ICR Conference 2023 Aaron Miles, Chief Investment Officer, will give a presentation onsite in Orlando. DATE: January 9, 2023 TIME: 4:00 p.m. ET Needham’s 25... Read More
MÜV Lake City is located at 2938 W US Highway 90, a busy thoroughfare with an average daily traffic count of 32,000 vehicles 1 In 2022, Verano has opened 21 new MÜV locations in Florida, underscoring the Company’s continued retail expansion across the state Verano’s active operations span 13 states, comprised of 120 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation... Read More
CHICAGO, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate in the following conferences: Wolfe Consumer Growth Conference Aaron Miles, Chief Investment Officer, will participate in a panel. DATE: December 5, 2022 TIME: 2:20 p.m. CT Cowen’s 5 th... Read More
CHICAGO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the third quarter ended September 30, 2022 (“Q3 2022"), which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”). Comparable numbers for the third quarter ended September 30, 2021... Read More
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BITS are the everyday cannabis consumable, containing a gentle blend of low-dose cannabinoid ratios and adaptogens so that consumers can do more with less BITS ™ offer a unique brand platform hinging on 5mg of THC, complemented by additional cannabinoids including CBD, CBG and CBN, and functional adaptogens in five delicious... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it will release financial results for the third quarter ended September 30, 2022, before the market opens on Monday, November 14, 2022. A conference call and audio webcast with analysts and investors will be held on November 14, 2022 at 8:30 a.m. ET / 7:30 a.m. CT to discuss the results... Read More
Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating interest rate based on the prime rate and at a current rate of 12.75%, which reflects favorably on Verano given today’s rising-rate environment Credit Agreement structure provides Verano with the opportunity to obtain up to $270 million of additional debt financing, comprised of $120 million of real-estate secured... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it has terminated the arrangement agreement (the “Arrangement Agreement”), dated January 31, 2022, by Verano and Goodness Growth Holdings Inc. (“GGH”), pursuant to which the Company would have acquired GGH. A copy of the Arrangement Agreement was included as Exhibit 10.13 to the Company’s... Read More
The Company is providing support for employees impacted by Hurricane Ian and is facilitating a donation to a Florida Relief Fund to aid recovery efforts In 2022, Verano has opened 20 new MÜV locations in Florida, underscoring the Company’s continued retail expansion across the state Verano’s active operations span 13 states, comprised of 119 dispensaries and 14 cultivation and processing facilities with more than 1 million... Read More
Dispensary-led p unch c ard campaign will span six markets throughout October for Breast Cancer Awareness Month Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the launch of the Company’s second annual campaign supporting the Lynn Sage Breast Cancer Foundation for Breast Cancer Awareness Month. Starting October 1, Verano will begin a... Read More
Zen Leaf New Kensington is the Company’s 15 th affiliated Pennsylvania dispensary and fifth location in the greater Pittsburgh area, joining existing storefronts in Monroeville, Cranberry, Pittsburgh-Robinson and Washington. Zen Leaf New Kensington is located at 215 Tarentum Bridge Rd, a thoroughfare that sees an average daily traffic count of 28,000 vehicles 1 . Verano’s active operations span 13 states, comprised of 117... Read More
Acquisition of two active dispensaries in Reno and Carson City, and a 10,000 sq. ft. cultivation and production facility in Reno, strategically expands Verano’s retail coverage, cultivation capacity, and distribution capabilities across Northern Nevada The greater Reno-Carson City region has a combined population of over 300,000 residents and draws a substantial number of tourists, having surpassed five million annual... Read More
In 2022, Verano has opened 15 new MÜV locations in Florida, underscoring the Company’s continued retail expansion across the state The openings of MÜV Auburndale, Jacksonville and Titusville extend Verano’s retail footprint to 59 stores across Florida Verano’s active operations span 13 states, comprised of 114 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will participate at the following conferences: 3 rd Annual Needham Virtual Cannabis Conference George Archos, Founder & Chief Executive Officer, will participate in a fireside chat. DATE: September 7, 2022 TIME: 1:15 p.m. CT Benzinga Cannabis... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the appointment of veteran executive Lawrence Hirsh to the Company’s Board of Directors (“Board”) and as Chair of the Audit Committee. Mr. Hirsh joins the Company’s existing four members of the Board. Mr. Hirsh brings significant experience in M&A execution and operational improvement... Read More
Zen Leaf Clarksburg is located at 254 Emily Drive, a busy thoroughfare with an average daily traffic count of 17,520 vehicles 1 The dispensary is based in Harrison County, which has a population over 65,000 2 Verano’s active operations span 13 states, comprised of 111 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity Verano Holdings Corp. (CSE: VRNO)... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today filed its Quarterly Report on Form 10-Q for the second quarter ended June 30, 2022 (the “Form 10-Q”) with the U.S. Securities and Exchange Commission (the “SEC”) and in Canada on the System for Electronic Document Analysis and Retrieval (“SEDAR”). The Company also has completed the filing of the... Read More
MÜV Hollywood is the third MÜV dispensary location in Broward County and ninth to open in Florida since late June, underscoring the Company's ongoing retail expansion across the state The dispensary is located on high-traffic Taft Road, a thoroughfare with an average daily traffic count of over 16,000 cars 1 Verano’s active operations span 13 states, comprised of 110 dispensaries and 13 cultivation and processing facilities... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the second quarter ended June 30, 2022 (“Q2 2022"), which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”). Second quarter 2021 comparable numbers were also prepared in accordance with U.S. GAAP. All financial results for... Read More
Savvy will launch in September 2022 in Arizona, Florida, Illinois, Massachusetts, Maryland, Nevada and Ohio, with additional launches planned in the future for New Jersey and Pennsylvania Across the Company’s national retail footprint, Savvy products will initially be distributed to approximately 85 Zen Leaf and MÜV dispensaries across seven states Verano ™ Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the... Read More
MÜV Palatka is the eighth MÜV dispensary to open in Florida since late June, underscoring the Company's ongoing retail expansion across the state The dispensary is located at 850 S Moody Rd near Route 19, a busy commercial intersection that sees an average daily traffic count of 9,400 vehicles 1 Verano’s active operations span 13 states, comprised of 109 dispensaries and 13 cultivation and processing facilities with more... Read More
August release in Pennsylvania follows recent launches in Arizona, Florida and Massachusetts Verano flower is now available in new markets including Arizona, Florida, Massachusetts and Pennsylvania , with an additional launch planned in West Virginia during the second half of 2022 Across the Company’s national footprint, Verano Reserve and Essence product catalogs, including Swift Lift mini pre-roll packs, are now... Read More
MÜV Tampa Himes is the seventh MÜV dispensary to open since late June, underscoring the Company's ongoing Florida retail expansion efforts The dispensary is located at 4820 South Himes Avenue, conveniently situated off Gandy Boulevard, a busy thoroughfare that sees an average daily traffic count of 22,000 vehicles 1 Verano’s active operations span 13 states, comprised of 108 dispensaries and 13 cultivation and processing... Read More
Zen Leaf Elkridge is relocating from its former home on Montevideo Road to 6000 Marshalee Drive, located less than 15 minutes from Baltimore/Washington International Thurgood Marshall Airport Zen Leaf Elkridge features enhanced amenities, including a larger store space, additional registers and parking spaces, as well as a drive-through window Verano’s active operations span 13 states, comprised of 107 dispensaries and 13... Read More
Zen Leaf Neptune has received all required approvals from municipal and state officials to commence adult use cannabis sales, subject to receiving its final license from the state Verano’s New Jersey operations also include Zen Leaf Lawrence Township and Zen Leaf Elizabeth – where New Jersey Governor Phil Murphy and other distinguished guests celebrated the launch of adult use cannabis sales in the Garden State on April 21 –... Read More
MÜV Port Charlotte is the sixth MÜV dispensary to open since late June, underscoring the Company’s ongoing Florida retail expansion efforts MÜV Port Charlotte is located at 22627 Bayshore Road, conveniently situated off Florida’s Tamiami Trail, a busy thoroughfare that sees average daily traffic of 43,500 1 vehicles Verano’s active operations span 13 states, comprised of 107 dispensaries and 13 cultivation and processing... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced as a result of internal compensation and tax reviews, certain accounting errors were uncovered and it will be required to restate each of the previously issued financial statements set forth below (collectively, the “Prior Period Financials”), all of which, together with all related... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it will release financial results for the second quarter ended June 30, 2022, before the market opens on Tuesday, August 16, 2022. A conference call and audio webcast with analysts and investors will be held on August 16, 2022 at 8:30 a.m. ET / 7:30 a.m. CT to discuss the results and... Read More
MÜV Sebring is located at 3900 US-27 North, a busy thoroughfare with an average daily traffic count of 40,000 1 Verano’s active operations span 13 states, comprised of 106 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the... Read More
Zen Leaf is the first medical cannabis dispensary to open in Wheeling, a city of more than 26,500 residents 1 West Virginia medical cannabis sales are projected to potentially reach $49 million by 2026, according to the MJBiz Factbook 2022 Verano’s active operations span 13 states, comprised of 105 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity Verano... Read More
MÜV Fort Myers Cypress is located at 7010 Cypress Terrace, located off Tamiami Trail, a busy thoroughfare that sees an average daily traffic of 52,500 1 vehicles MÜV Sarasota Main is located at 1618 Main Street, located in Sarasota’s historic downtown district Verano’s active operations span 13 states, comprised of 103 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of... Read More
MÜV Tamarac is located at 6510 University Drive, a busy thoroughfare with an average daily traffic count of 53,000 vehicles 1 The dispensary is based in Broward County, the second largest county in Florida with a population of 1.9 million 2 Verano’s active operations span 13 states, comprised of 102 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity Verano... Read More
MÜV Winter Haven is located at 6900 Cypress Garden Boulevard, a busy thoroughfare with an average daily traffic count of 28,000 vehicles 1 The dispensary is based in Polk County, the fastest growing county by population in Florida, with a population of 753,520 2 Verano’s active operations span 13 states, comprised of 101 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today is confirming that on June 17, 2022 it filed its first quarter 2022 financial statements on SEDAR that have been reviewed by its outside auditor, which replace the previously filed first quarter 2022 financial statements filed on SEDAR on May 25, 2022. The reviewed 2022 first quarter financial... Read More
Zen Leaf Wynnewood is conveniently located off U.S. Route 30 at 257 Lancaster Avenue, a thoroughfare that sees an average daily traffic count of 25,000 vehicles , according to the Pennsylvania Department of Transportation Verano’s active operations span 13 states, comprised of 100 affiliated dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity Verano Holdings... Read More
Partnership represents Verano’s largest national fundraising campaign to date supporting cannabis criminal justice reform In addition to its initial $50,000 contribution to Mission Green, beginning June 3, 2022, Verano will match up to $13,000 in customer and patient-generated donations on the first Friday of each month Fundraising campaign spans Company’s nearly 100 dispensaries across 13 states in honor of the 13 years... Read More
Zen Leaf Westover is located on Fairmont Road, part of U.S. Route 19, a highly traveled highway which can see up to 49,000 vehicles per day 1 West Virginia medical cannabis sales are projected to potentially reach $49 million by 2026, according to the MJBiz Factbook 2022 Verano’s active operations span 13 states, comprised of 99 dispensaries and 12 cultivation and processing facilities with more than 1 million square feet of... Read More
Zen Leaf North Phoenix - Verano’s flagship Arizona location and the Company’s largest dispensary in the state - will celebrate its grand opening throughout Memorial Day weekend at its new home on 12401 North Cave Creek Road Verano’s Local Joint dispensary, located at 4201 E University Drive in Phoenix, will also share in the weekend celebration by officially rebranding to reflect the Company’s signature Zen Leaf dispensary... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the first quarter ended March 31, 2022 (“Q1 2022"), which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”). Q1 2022 U.S. GAAP Financial Highlights Q1 2022 revenue increased 67% to $202 million compared to the first quarter... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), through its subsidiary, Verano Holdings, LLC, yesterday notified the U.S. District Court for the District of Colorado of its complete victory in arbitration regarding various frivolous RICO (Racketeer Influenced and Corrupt Organizations Act) claims brought by Nicholas Nielsen. The arbitrator dismissed all of Nielsen’s claims with prejudice and... Read More
MÜV Ocala is located at 3701 SW College Road, a busy thoroughfare with an average daily traffic count of 43,500 vehicles 1 The dispensary is based in Marion County, a rapidly growing area that experienced population growth of 13.5% from 2010 to 2021 2 Verano’s active operations span 13 states, comprised of 98 dispensaries and 12 cultivation and processing facilities with more than 1 million square feet of cultivation... Read More
Company shares conference call details for previously-announced May 25, 2022 first quarter financials release date Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today provided conference call participation information for the Company’s forthcoming release of its financial results for the first quarter ended March 31, 2022, before the market opens on... Read More
Zen Leaf and MÜV mobile applications and their respective rewards programs offer a superior shopping experience, greater convenience and broader accessibility for patients and adult use customers across 71 dispensaries in Arizona, Florida, Illinois, Massachusetts, Michigan, Nevada, and New Jersey, with additional stores and states to follow in the near future The Zen Leaf and MÜV mobile applications offer exclusive... Read More
MÜV Fort Myers Beach - the first medical cannabis dispensary to open within the Fort Myers Beach community - is located at 11340 Summerlin Square Drive, situated off a busy thoroughfare that sees an average of 34,500 vehicles 1 per day The Fort Myers area is a popular tourist destination that boasts nearly 4.6 million annual visitors 2 MÜV Fort Myers Beach and the Company’s nearby MÜV Fort Myers dispensary - located on... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it has received a decision (the “Decision”) from the Alberta Securities Commission (“ASC”) and Ontario Securities Commission (“OSC”) permitting the Company to file on the System for Electronic Document Analysis and Retrieval (“SEDAR”) in Canada at www.sedar.com its 2021 annual and 2022 first... Read More
MÜV Hobe Sound is located at 10455 SE Federal Highway, a busy thoroughfare with an average daily traffic count of 25,500 vehicles 1 The dispensary is situated on Florida’s famed “Treasure Coast,” an area known for its beaches and tourist attractions Verano’s active operations span 13 states, comprised of 96 dispensaries and 12 cultivation and processing facilities with more than 1 million square feet of cultivation capacity... Read More
Company delivers record 2021 U.S. GAAP and proforma revenue 1 of $738 million and $760 million, respectively 2021 Adjusted EBITDA 2 margin of 44% -- in line with Company guidance Financial results presented in U.S. GAAP Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its 2021 financial results which were prepared in accordance with U.S.... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that in connection with the audit of its 2021 full year financial statements prepared in accordance with U.S. GAAP, a change in consideration valuation resulted in a revaluation and reclassification of certain assets and liabilities realted to acquisitions. Accordingly, the Company is... Read More
Company Also Announces Submission of MCTO Application Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it will release U.S. GAAP financial results for the fourth quarter and full year ended December 31, 2021, before the market opens on Wednesday, April 27, 2022, and also announced it will release first quarter results for the quarter ended... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today celebrated the New Jersey Cannabis Regulatory Commission’s announcement that personal use cannabis sales will commence in the state on Thursday, April 21, 2022. Verano is the sole cannabis company currently permitted to initiate personal use sales in New Jersey’s central region on April 21 st at its Zen... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today shared executive commentary applauding the New Jersey Cannabis Commission’s (“CRC”) approval of personal use cannabis sales in the state. Verano is the sole operator currently permitted to participate in the initial rollout of personal use sales throughout the state’s central region, and the Company... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that the Company will hold a conference call on Wednesday, April 6 th at 6:00 p.m. ET / 5:00 p.m. CT, to discuss the decision to reschedule its fourth quarter and full year 2021 financial results, which had previously been scheduled for Thursday, April 7 th at 8:30 a.m. ET / 7:30 a.m. CT.... Read More
Zen Leaf Canton is relocating from its former home in an industrial area on Steinway Boulevard to 3224 Cleveland Avenue NW, a busy thoroughfare situated just over one mile from the Pro Football Hall of Fame that sees average daily traffic of 18,427 vehicles per day 1 Ohio medical cannabis sales are expected to generate more than $507 million in revenue through the end of 2022 2 Verano’s Ohio footprint includes a cultivation... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will present at the following conferences: Green Growth Summit Aaron Miles, Chief Investment Officer, will participate in a panel. DATE: April 6, 2022 TIME: 5:00 p.m. CT BTIG Global Cannabis Conference George Archos, Founder and Chief Executive... Read More
MÜV Marco Island is positioned off Collier Boulevard, one of two main access points to the island, on Bald Eagle Drive, a thoroughfare with an average daily traffic count of 14,200 vehicles 1 The dispensary is positioned in the heart of Marco Island’s shopping and dining district, within walking distance of the island’s bustling Town Center Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2021, before the market opens on Thursday, April 7, 2022. A conference call and audio webcast with analysts and investors will be held on April 7, 2022 at 8:30 a.m. ET / 7:30 a.m. CT to discuss the... Read More
The new MÜV Brandon and MÜV New Tampa dispensaries expand Verano’s footprint to six locations in Hillsborough County and ten in the greater Tampa Bay area. MÜV Brandon is positioned on Lumsden Road, minutes from the city’s major shopping corridor, and MÜV New Tampa is located on busy Bruce B. Downs Boulevard, a thoroughfare with average daily traffic of 56,500 cars, according to the Florida Department of Transportation.... Read More
Zen Leaf Morgantown marks the company’s first dispensary in West Virginia, a medical cannabis market projected to record sales as high as $40 million by 2025, according to MJB i z Daily Verano’s inaugural West Virginia dispensary opening expands the Company’s active operational footprint to 13 states and 92 dispensaries nationwide, complimenting existing operations in neighboring states that include Pennsylvania, Maryland... Read More
Fund ing follows previously-announced intention to draw US$100 million under existing credit agreement , providing Verano with flexibility to drive internal expansion efforts and near- and long-te rm growth strategies Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it has drawn an additional US$100 million under its existing credit... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will present at the following conferences: ICR Conference Aaron Miles, Chief Investment Officer, will give a presentation. DATE: January 10, 2022 TIME: 12:00 p.m. CT ATB 10 th Annual Institutional Investor Conference George Archos, Founder and... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the appointment of Brett Summerer as Chief Financial Officer. Summerer assumes the role previously held by Brian Ward, who will continue to serve as an advisor during the transition period before departing Verano. Summerer brings more than 21 years of diverse financial leadership experience to... Read More
In consummating the transactions, Verano acquired all of the issued and outstanding equity interests of Caring Nature, LLC, which holds an active dispensary in Waterbury, Connecticut, and Connecticut Pharmaceutical Solutions, Inc., which holds an operating cultivation and production facility in Rocky Hill, Connecticut The accretive acquisitions affirm Verano’s vertical integration in Connecticut, one of the most recent... Read More
Stuart opening expands MÜV to 41 locations statewide, including six storefronts in Southeast Florida, and extends Verano’s total national retail footprint to 93 dispensaries nationwide 1 MÜV Stuart is positioned just east of the St. Lucie River on SW Monterey Road, a high-traffic area that sees an average of 27,000 vehicles per day 2 The dispensary is located near some of the city's most popular events, including the... Read More
Orange Park is the 11th MÜV dispensary to open in 2021, growing Verano's footprint to 40 Florida dispensaries and 92 locations nationwide 1 MÜV Orange Park will provide high-quality medical cannabis therapeutics to a region that has experienced a population boom over the last decade; Clay County and neighboring Duval County saw population increases of 14% and 15%, respectively, from 2010 - 2020, according to U.S. Censu s... Read More
Donation is most significant in Verano ’s history and largest cannabis company contribution benefitting the Lynn Sage Breast Cancer F oundation Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the donation of $150,000 to the Lynn Sage Breast Cancer Foundation, the most significant charitable gift in Verano’s history and largest cannabis... Read More
Zen Leaf West Chester is Verano’s 13 th affiliated Pennsylvania dispensary and second state location to offer convenient drive-through service, marking the Company’s 91 st location nationwide 1 . The West Chester Zen Leaf storefront is the third of six permitted clinical registrant dispensary locations opened by Verano affiliate Agronomed Biologics, LLC in Pennsylvania The Pennsylvania medical cannabis program has grown... Read More
Melbourne marks the 39 th Florida MÜV dispensary and second location on the state’s celebrated Space Coast, representing Verano’s 90 th dispensary storefront nationwide 1 . MÜV Melbourne is situated off Interstate 95 on West New Haven Avenue’s hospitality corridor, a major thoroughfare with an average daily car count of 32,000 cars, according to the Florida Department of Transportation . Despite the pandemic, Melbourne and... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will present at the following conferences: Grizzle Cannabis Con Aaron Miles, Chief Investment Officer, will participate in a presentation. DATE: November 23, 2021 TIME: 10:20 a.m. CT LINK : https://youtu.be/jgXslDIKQyQ Cowen 4 th Annual Cannabis... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or “the Company”), a leading multi-state cannabis company, today announced the pending release of the last contractual trading restrictions remaining on 35% of the shares it issued in its reverse takeover transaction completed on February 11, 2021 (the “RTO”). The measure is being implemented through the Company’s transfer agent and is expected to be executed within... Read More
Company reports topline sequential growth and industry-leading EBITDA while expand ing national footprint 1 to over 1,000,000 square feet of active cultivation and 8 9 operating d ispensaries during another acquisitive quarter . Verano Holdings Corp . (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its results for the third quarter ended September 30, 2021. The... Read More
Verano consummated the acquisition of Willow Brook Wellness, LLC, which holds an active dispensary in Meriden, Connecticut. Additionally, Verano has entered into definitive agreements to acquire both Caring Nature, LLC, which holds an active dispensary in Waterbury, Connecticut, and Connecticut Pharmaceutical Solutions, Inc., which holds an operating cultivation and production facility. These acquisitions are expected to be... Read More
The first dispensary in Illinois to receive approval and relocate, Zen Leaf St. Charles moved from its former location in a nearby business park to a prime retail space that offers improved visibility with an expanded footprint and additional parking capacity. The combined medical and adult-use dispensary is now located on the high-traffic retail corridor of Main Street in St. Charles, which saw average daily traffic of... Read More
Company expands executive leadership team to support rapid growth Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the appointment of Destiny Thompson as Chief People Officer (CPO). Thompson will lead all aspects of Human Resources including the further integration of a people first culture at Verano. Thompson is a proven Human Resources... Read More
Zen Leaf Flamingo is Verano’s third dispensary in Las Vegas and its 87 th 1 nationwide. The new storefront sits just two miles west of Las Vegas Boulevard, the primary draw for over 40 million visitors 2 in pre-pandemic 2019 and features a drive-through for recreational consumers seeking on-the-go convenience. Zen Leaf Flamingo is located on the high-traffic retail corridor of Flamingo Road, which saw average daily traffic 3... Read More
Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash position. Supports continued execution of Verano’s near- and long-term growth strategies. Reduces the Company’s cost of capital with an improved, non-dilutive 8.50% rate on the upsize, compared to 9.75% on its previous upside announced in May. Includes an option for an additional US$100 million with the same... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it will release financial results for the third quarter of 2021 before the market opens on Tuesday, November 16, 2021. A conference call and audio webcast with analysts and investors will be held at 8:30 a.m. ET / 7:30 a.m. CT to discuss the results and answer investor and participant... Read More
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will present at the following conferences: A.G.P.’s Virtual Fall Consumer Cannabis Conference George Archos, Founder and Chief Executive Officer, will participate in a panel discussion and one-on-one meetings. DATE: October 5, 2021 TIME: 11:00 a.m.... Read More
MÜV Pinellas Park is Verano’s 38 th Florida storefront, and the Company’s 86 th nationwide. Verano has opened nine new retail locations in Florida this year and plans to add up to four additional stores in the Sunshine State during Q4 2021. The new MÜV dispensary is located on Park Boulevard North near the Belcher Road intersection, a retail corridor which sees average daily traffic of nearly 50,000 cars, according to the... Read More

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