"We're encouraged by the President’s comments regarding de-scheduling cannabis & pardoning individuals with minor possession offenses, which add momentum towards ending cannabis prohibition & the failed War on Drugs. We will remain engaged as we monitor further exciting developments that support federal legalization of cannabis nationwide." - George Archos, Founder & CEO https://nyti.ms/3Cm3sxk
About us
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state operator embracing a mission of saying Yes to plant progress and the bold exploration of cannabis. Verano offers a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf™ and MÜV™ dispensary banners and produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™. Verano’s active operations span 13 U.S. states, comprised of 14 production facilities with over 1,000,000 square feet of cultivation capacity. Learn more at www.verano.com.
- Website
-
https://verano.com/
External link for Verano
- Industry
- Alternative Medicine
- Company size
- 1,001-5,000 employees
- Headquarters
- Chicago, Illinois
- Type
- Public Company
- Founded
- 2014
- Specialties
- Alternative Medicine, Vertical Integration, Cultivation, Manufacturing, Retail, Health, medical cannabis, and recreational cannabis
Locations
-
Primary
415 N Dearborn St
4th Floor
Chicago, Illinois 60654, US
Employees at Verano
Updates
-
“Leveraging our extensive M&A history and experience, we are actively integrating these facilities into our network, and will build on our legacy as a top-tier medical operator in preparation for potential adult use in Virginia. Additionally, expanding our Arizona operations allows us to further scale our retail footprint and broaden access to our award-winning brand portfolio with increased cultivation capacity and high-performing dispensaries in attractive locations in Prescott and Tempe. We are thankful for the Cannabist team’s partnership, and thrilled to welcome new colleagues in Virginia and Arizona as we turn the page on an exciting new chapter for Verano.” - George Archos, Verano CEO & Chairman Read more: https://bit.ly/4fOdQ3P
Verano Announces Closing of Acquisition of Arizona and Virginia Subsidiaries of The Cannabist Company, Becomes Exclusive Cannabis Operator for HSA 5 in Eastern Virginia and Strengthens Arizona Footprint
globenewswire.com
-
“Our second quarter performance was strong, highlighted by proactive measures we executed to further bolster the business, including authorization of a share repurchase program, capex investments, and subsequent to quarter end, strategic M&A that upon closure, will grant us vertical access to the Virginia market ahead of adult use. Looking ahead, we are prepared to leverage near-term catalysts including this week’s launch of Ohio adult use sales, positive polling trends in Florida showing strengthening support of Amendment 3, ongoing adult use discussions in Pennsylvania, and continued rescheduling momentum at the federal level. Adding Virginia to our portfolio and deepening our robust Arizona business also provides additional growth opportunities regardless of federal rescheduling timing and progress. We remain excited and confident in Verano’s ability to continue driving long-term, sustainable growth throughout 2024 and beyond.” - George Archos, Verano Founder & CEO Join us for full first quarter results today at 7:30AM CT: https://bit.ly/3WRLAWu
Verano Announces Second Quarter 2024 Financial Results
globenewswire.com
-
It's a great time to be from the #Buckeye state. 🌿 Starting today, adult use consumers can shop Verano fan favorites like the Essence, Savvy, Bits, Encore and Avexia in 80+ partner locations across the state: https://bit.ly/4d9Xjp6
-
We're off the the races, Ohio! 📍 Make your first adult-use visit to any of our five Zen Leaf locations. https://bit.ly/3WQC2uS
-
“Today marks a significant step forward for #Ohio, and the nation at large, as we celebrate the end of cannabis prohibition and turn the page on a new chapter that will deliver countless benefits for the Buckeye State in the form of job creation, economic development, investment, state and local revenue, and social progress. We’re honored to participate in this historic milestone, and proud to stand alongside Ohioans as we make history together.” - George Archos, Verano Founder & CEO Read more: https://bit.ly/3YsblxL
Verano to Welcome Ohio Adult Use Cannabis Customers on August 6th at Company's Zen Leaf Dispensaries to Commemorate Historic End of Cannabis Prohibition in the Buckeye State
globenewswire.com
-
We're excited to see #Florida State Senator Joe Gruters say Yes to Amendment 3 and voice his support in favor of bringing safe, legal cannabis products to Florida adults while delivering jobs, economic development and revenue to the state and local communities. With recent polls suggesting 64% of Floridians intend to vote in favor of adult use cannabis, we're encouraged to have another prominent endorsement to help bring home a win this November.
Florida State Senator Joe Gruters supports a YES vote on Amendment 3 ➡️ We applaud him for recognizing the legalization of recreational marijuana for adults will help build a safer, smarter future for the Free State of Florida ☀️
-
-
“Today’s agreement further diversifies Verano’s portfolio, which, since the company’s inception, has remained focused on expanding our business into limited-license markets to scale both our wholesale and retail operations.” This opportunity greatly increases Verano’s growth trajectory as we gain access to the coveted market of #Virginia ahead of an adult use program and deepens our footprint in Arizona. With Virginia, we will be in a prime position to once again take advantage of the extraordinary growth that is expected to come with an adult use program launch.” - George Archos, Verano Chairman & CEO Read more on today's news: https://bit.ly/3YobqCE
Verano Enters into Agreements with The Cannabist Company to Acquire One of Its Virginia Licenses and Associated Operations and Its Arizona Operations
globenewswire.com
-
“As the Pennsylvania medical cannabis patient population continues to grow, we are grateful for the opportunity to deepen our roots in Bucks County at our newest Zen Leaf location in the Commonwealth, and look forward to providing a warm and welcoming environment for current and future patients.” - Verano Founder & CEO, George Archos Scope out the new digs: https://bit.ly/3Sru5tj
Verano Announces the Opening of Zen Leaf Fairless Hills, the Company's Newest Affiliated Dispensary in Pennsylvania, in Prime New Location
globenewswire.com
-
Incredibly excited to be one step closer to bringing Ohioans safe, legal adult-use cannabis products. bit.ly/4bV5dkx
Ohio Issues 15 More Licenses for Adult-Use Market
cannabisbusinesstimes.com