Verano Holdings Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- George P. Archos
- Full Time Employees
- 3,800
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 415 North Dearborn Street Chicago IL United States of America 60654
- IPO Date
- Feb 18, 2021
- CIK
- 0001848416
- Website
- verano.com
- Similar Companies
- Business
- Verano Holdings Corp. (VRNOF) operates as a vertically integrated multi-state cannabis operator principally engaged in the cultivation, processing, wholesale and retail distribution of cannabis products across 14 U.S. states including Arizona, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; founded in 2014 and headquartered in Chicago, Illinois, the company offers a portfolio of branded cannabis goods encompassing flower, pre-rolls, vapes, extracts, oils, edibles such as gummies, hard candies, mints and chocolates under Encore and BITS, topicals including balms and bath soaks under Avexia, and additional lines under MÜV, Savvy, Verano and Essence for medical and adult-use markets, with retail operations conducted through over 150 dispensaries under the Zen Leaf and MÜV banners supported by 15 cultivation and production facilities growing more than 160 proprietary organic strains. Verano maintains two primary reportable segments comprising cultivation and wholesale alongside retail, targets both medical patients and recreational consumers, and emphasizes quality control, sustainability and education in its operations. Among its latest major developments, Verano completed the redomicile of its parent company from British Columbia, Canada to Nevada in November 2025, closed acquisitions of subsidiaries from The Cannabist Co. in Arizona and Virginia in August 2024 to expand its footprint and cultivation capacity, and continues to pursue strategic M&A opportunities following a series of 10 deals consummated in prior years while generating revenue of approximately $879 million in 2024.
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