Verano Holdings Corp Class A
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- George Archos
- Full Time Employees
- 3,800
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- 224 West Hill Street Chicago IL United States 60610
- IPO Date
- Feb 17, 2021
- Website
- verano.com
- Similar Companies
- Business
- Verano Holdings Corp. is a vertically integrated multi-state cannabis operator in the United States, focused on the cultivation, processing, wholesale and retail distribution of cannabis products in limited-license markets. Founded in 2014 and headquartered in Chicago, Illinois, the company operates in 13 states including Arizona, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia, with 15 production facilities encompassing over 1.1 million square feet of cultivation capacity and more than 80 retail dispensaries under the Zen Leaf and MUV banners. It offers a broad portfolio of premium cannabis products for medical and adult-use markets under brands including Verano, Encore, Avexia, MUV, Savvy, BITS and Essence, encompassing flower from over 160 organic proprietary strains, pre-rolls, edibles such as gummies, hard candies, mints and chocolates, concentrates, vapes, oils, extracts, topicals like balms and bath soaks, and microdosing tablets; the company emphasizes in-house cultivation, rigorous quality testing and innovation in product development to meet diverse consumer preferences. In recent developments, Verano completed the redomicile of its parent company from British Columbia, Canada to Nevada on November 3, 2025, following shareholder approval on October 27, 2025 and a British Columbia Supreme Court final order on October 30, 2025, to enhance its corporate structure and unlock shareholder value. Additionally, the company reached a settlement agreement valued at approximately US$10 million with Vireo Growth Inc. in October 2025, involving the purchase of specific real estate assets and US$1 million in cash to resolve prior litigation; Verano also received a conditional Dispensing Organization License from the Texas Department of Public Safety in December 2025, positioning it to commence vertical medical cannabis operations in the state subject to final approval.
Company News
Verano to Report Third Quarter 2026 Financial Results on October 29, 2026
Verano Announces Upcoming Conference Participation
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Verano Announces Strong Second Quarter 2026 Financial Results Highlighted by $218 Million in Revenue
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Verano Hosting Grand Opening Celebration of MÜV Bradfordville on Friday, July 17th, Elevating the Company's Retail Footprint to 86 Florida Dispensaries and 163 Locations Nationwide
Verano Hosting Grand Opening Celebration of MÜV Bradfordville on Friday, July 17th, Elevating the Company’s Retail Footprint to 86 Florida Dispensaries and 163 Locations Nationwide
Verano to Report Second Quarter 2026 Financial Results on August 5, 2026
Verano Completes 1-for-5 Reverse Stock Split, Advancing the Company's Path Towards Prospective U.S. Stock Exchange Listing
Verano Announces 1-for-5 Reverse Stock Split to Prepare the Company for Prospective U.S. Stock Exchange Listing
Zen Leaf Dispensaries Mark 10-Year Las Vegas Anniversary with “All-in-at-10” Community-Focused Celebrations May 21st-May 30th
Zen Leaf Dispensaries Mark 10-Year Las Vegas Anniversary with “All-in-at-10” Community-Focused Celebrations May 21st-May 30th
Verano Submits DEA Registration Applications for State-Licensed Medical Cannabis Businesses Following Landmark Federal Rescheduling Order
Verano Submits DEA Registration Applications for State-Licensed Medical Cannabis Businesses Following Landmark Federal Rescheduling Order
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Verano Holdings Corp. (VRNO:CA) Q1 2026 Earnings Call Transcript
Verano Announces Strong First Quarter 2026 Financial Results Highlighted by $208 Million in Revenue
Verano Announces $20 Million Share Repurchase Authorization