Verano Holdings Corp.

Verano Holdings Corp.

VRNO.NE
Verano Holdings Corp.CN flagCBOE CA
8.38
CAD
-0.51
- -
619.43MMarket Cap
Verano Holdings Corp.
VRNO.NE
(CBOE CA)

Recent

price

8.38

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
1.21
12.7
13.27
13.69
12.25
11.31
8.52
Revenue per Share
- -
0.2
-0.99
-4.06
-1.71
-4.76
-3.55
-3.04
Basic EPS, GAAP
- -
0.02
0.57
-0.37
1.07
0.18
0.16
0.12
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
25.49
20.24
18.09
13.27
9.69
9.5
Book Value per Share
- -
- -
-4.58
-1.63
-1.13
-0.41
-0.52
-0.54
Tangible Book Value per Share
189
189
58
66
69
72
73
72
Basic Weighted Avg Shares
- -
229
738
879
938
879
822
617
Sales/Revenue/Turnover
- -
40.39
8.14
7.56
15.27
10.3
9.27
9.66
Operating Margin (%)
- -
8
96
150
152
151
136
99
Depreciation Expense
- -
38
-58
-269
-117
-342
-258
-220
Net Income, GAAP
- -
51.3
212.26
- -
522.15
- -
- -
219.67
Effective Tax Rate (%)
- -
16.8
-7.79
-30.61
-12.5
-38.91
-31.39
-35.71
Profit Margin (%)
- -
- -
-193
-68
-18
160
264
276
Working Capital
- -
- -
333
465
481
494
483
473
LT Debt
- -
- -
1,482
1,342
1,240
951
702
687
Total Equity
- -
- -
-6.78
- -
-29.33
- -
- -
- -
Return on Invested Capital (%)
- -
-17,209.39
-9.51
- -
-20.41
- -
- -
-4.12
Return on Capital (%)
- -
- -
- -
-19.08
-9.09
-31.19
-31.14
-27.01
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
20
23
LT Borrowings
- -
392
384
LT Finance Leases
- -
91
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
73
73
Market Capitalization
494
458
391

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
405
395
Cash, Cash Equivalents & STI
- -
83
74
Accounts Receivable, Net
- -
31
32
Inventories
- -
230
236
Total Current Liabilities
- -
140
119
Payables & Accruals
- -
120
96
ST Debt
- -
20
23
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-136,920.76%
-26.13%
Free Cash Flow
- -
-3.89%
-11.55%
Net Income, GAAP
- -
45.73%
-24.56%
Sales/Revenue/Turnover
- -
47.18%
-6.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
221
222
217
218
879
2025
210
202
- -
207
822
2026
208
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.32
-0.61
-3.8
-4.76
2025
-0.16
-0.27
- -
-2.52
-3.55
2026
-0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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

APIChatGPT
  • Verano Provides Update on the Canadian Postal Strike, the Company’s Special Meeting Materials and Voting Instructions