Verano Opening 41st Florida MÜV Cannabis Dispensary in Stuart, Company's First Location in Martin County on State’s Popular “Treasure Coast”
December 17, 2021 07:00 ET
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Verano Holdings Corp.
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 nationwide1MÜV Stuart is...
Verano to Open 36th MÜV Florida Medical Cannabis Dispensary in Downtown Tampa
August 13, 2021 07:00 ET
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Verano Holdings Corp.
MÜV Tampa—West Kennedy is Verano’s 36th Florida dispensary, and the Company’s 84th overall. Later this month, Verano plans to open MÜV Orange City, its 37th Florida storefront.MÜV Tampa—West Kennedy...
Verano Reports Second Quarter 2021 Record Revenue of $199M
August 10, 2021 07:00 ET
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Verano Holdings Corp.
Produced substantial revenue growth of 39% sequentially, closed three accretive acquisitions in the quarter while remaining profitable, free-cash-flow positive and furthering investments in CAPEX, CPG...
Verano Announces Closing of Agri-Kind, Agronomed Transactions
July 12, 2021 16:15 ET
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Verano Holdings Corp.
The Company closes on transactions for the equity interests in two licensees—Agri-Kind, LLC, and Agronomed Biologics, LLC—with cultivation, production, and retail operations in Pennsylvania. The...
Verano Chief Investment Officer to Present at VirtualInvestorConferences.com on June 29
June 24, 2021 07:00 ET
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Verano Holdings Corp.
CHICAGO, June 24, 2021 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that Aaron Miles, the...
Verano Announces Closing of Three Pennsylvania Transactions
May 24, 2021 07:00 ET
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Verano Holdings Corp.
CHICAGO, May 24, 2021 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the closing of three...
Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis
May 11, 2021 07:45 ET
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Verano Holdings Corp.
Reduces borrowing costs with one of the industry’s leading annual interest rates of 9.75%Credit agreement is non-dilutiveImproves liquidity and operational flexibilitySupports the Company’s continued...
Verano to Add Cultivation and Fortify Retail Capacity in Pennsylvania
April 22, 2021 07:00 ET
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Verano Holdings Corp.
Adds cultivation and production in Pennsylvania, with an active and completely built-out, state-of-the-art 62,000 sq. ft. indoor facility in the country’s fifth most populous state.Gives the Company...
Verano Holdings Announces Full Year 2020 Results
April 08, 2021 07:00 ET
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Verano Holdings Corp.
2020 revenue of $355 million, growth of approximately 200%Gross profit margin of 63% for full year 20202020 net income of $245 million2020 adjusted EBITDA of $170 million, 48% margin CHICAGO,...
Verano Holdings to Continue Expansion in Pennsylvania through Accretive Transaction
March 31, 2021 07:00 ET
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Verano Holdings Corp.
Expected to enhance Verano’s retail footprint in Pennsylvania, adding three coveted locations in key Pittsburgh metropolitan area.Expected to increase Verano’s access to Pennsylvania’s growing...