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VERANO HLDGS CORP - VRNOF STOCK NEWS

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Verano Holdings Corp (VRNOF) is a leading cannabis operator in the United States, with a focus on producing high-quality products and building strong customer relationships. The company's core business includes cultivation, production, and distribution of a wide range of cannabis products, including flower, edibles, and concentrates. Verano has been expanding its footprint through strategic partnerships and acquisitions, positioning itself as a key player in the rapidly growing cannabis industry.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced its participation in the virtual Canaccord Genuity 41st Annual Growth Conference on August 11, 2021. CEO George Archos will engage in a fireside chat at 10:30 a.m. ET, followed by one-on-one meetings with investors. A live broadcast of the chat will be available on the Company's Investor Relations website for later replay. Verano is a leading multi-state cannabis operator committed to improving communal wellness through a diverse portfolio of cannabis products across 14 U.S. states.

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Verano Holdings Corp. has opened its 11th Zen Leaf dispensary in Pennsylvania, located in Northeast Philadelphia. This facility enhances access in the state’s largest medical cannabis market, which is projected to reach nearly $1 billion in sales this year. The new dispensary, operating in a high-traffic area with over 60,000 cars daily, is part of Verano's broader strategy to expand its footprint as it prepares for potential adult-use legislation. Another dispensary is set to open next week, continuing Verano's growth in the region.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced that CEO George Archos will participate in Cantor Fitzgerald’s cannabis-focused "Weednesday Series" on July 14 at 11:00 AM ET. This investor fireside chat will be hosted by Pablo Zuanic, a Managing Director at Cantor Fitzgerald. Verano is a leading multi-state cannabis operator in the U.S., focused on improving community wellness through responsible cannabis access. With operations in 11 U.S. states and nine production facilities, Verano offers a range of products under trusted consumer brands.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced the successful closing of transactions for equity interests in Agri-Kind, LLC, and Agronomed Biologics, LLC. Agri-Kind operates a 62,000 sq. ft. indoor cultivation facility in Chester, PA, while Agronomed is building a facility and has permits for six dispensaries in the state. This expansion is poised to strengthen Verano's presence in Pennsylvania, the fifth most populous state, with over 500,000 medical marijuana participants, enhancing growth opportunities for the company's cannabis operations.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) has announced the launch of its Atlas Thrive – Powered by MÜV products in partnership with Atlas Biotechnologies. Starting July 13, 2021, these cannabis products, including transdermal patches, gels, and tinctures, will be sold through Canada’s largest pharmacy chain, Shoppers Drug Mart. This collaboration allows Verano to access a significant market, catering to over 400,000 medical cannabis patients in Canada. The introduction of these innovative products highlights Verano's commitment to expanding its footprint in the cannabis sector.

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Verano Holdings Corp. (OTCQX: VRNOF) has successfully acquired Mad River Remedies, enhancing its presence in Ohio with five dispensaries, the maximum allowed. This acquisition positions Verano to serve the Dayton metropolitan area, which has nearly 800,000 residents, and is located near major universities. The company aims to leverage Ohio's growing medical cannabis market to drive revenue growth through its premium cannabis product offerings.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) will announce its Q2 2021 financial results on August 10, 2021, before market open. A conference call for investors will take place at 8:30 a.m. ET, allowing discussion of results and Q&A. Verano operates across 11 states with 14 locations, focusing on premium, innovative cannabis products under brands like Verano, Avexia, and MÜV. The company emphasizes its commitment to communal wellness through accessible cannabis offerings.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced that Chief Investment Officer Aaron Miles will present at VirtualInvestorConferences.com on June 29, 2021, at 10:00 AM ET. This event offers a platform for individual and institutional investors to interact with the company. An archived webcast will be available for those unable to attend live. Verano is a leading multi-state cannabis operator in the U.S., with operations in 11 states, producing premium cannabis products under brands like Verano and Zen Leaf.

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced DTC eligibility for its subordinate voting shares, enhancing liquidity and shareholder access in U.S. capital markets. This move allows for electronic clearing and settlement, facilitating faster trades for current shareholders and attracting new investors. CEO George Archos emphasized that DTC eligibility is crucial for expanding Verano's presence in the market. The company operates across 14 U.S. states, with significant cultivation and retail operations aimed at improving communal wellness through regulated cannabis products.

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Verano Holdings Corp. has opened its third Zen Leaf dispensary in New Jersey, located on Route 1 in Lawrence Township. This marks the 78th retail location for the company and is strategically positioned near high traffic areas, including Quakerbridge Mall. The municipality has recently approved adult-use cannabis, allowing for recreational sales to commence when the program launches. Zen Leaf Lawrence offers a variety of cannabis products and aims to meet the growing demand in New Jersey's evolving cannabis market.

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FAQ

What is the current stock price of VERANO HLDGS (VRNOF)?

The current stock price of VERANO HLDGS (VRNOF) is $1.28 as of December 24, 2024.

What is the market cap of VERANO HLDGS (VRNOF)?

The market cap of VERANO HLDGS (VRNOF) is approximately 485.4M.

What is Verano Holdings Corp known for?

Verano Holdings Corp is known for being a leading cannabis operator in the United States, specializing in the cultivation, production, and distribution of high-quality cannabis products.

What are Verano's core business activities?

Verano's core business activities include cultivating cannabis, producing various cannabis products such as flower, edibles, and concentrates, and distributing these products to customers.

How does Verano Holdings Corp stand out in the cannabis industry?

Verano Holdings Corp stands out in the cannabis industry by focusing on quality, customer relationships, and strategic partnerships to expand its market presence and establish itself as a key player in the industry.

What is Verano's strategy for growth and expansion?

Verano's strategy for growth and expansion involves strategic partnerships, acquisitions, and consistent product innovation to meet the evolving needs of the market and enhance its competitive position.

Who are the key executives at Verano Holdings Corp?

Key executives at Verano Holdings Corp include Grace Bondy, Senior Manager of Communications, and Julianna Paterra, Vice President of Investor Relations.

What sets Verano apart from its competitors?

Verano sets itself apart from its competitors through its commitment to quality, innovation, and customer satisfaction, which have helped build a strong brand reputation in the cannabis industry.

How does Verano Holdings Corp ensure compliance with regulations?

Verano Holdings Corp ensures compliance with regulations by staying informed about local regulations, maintaining transparent operations, and working closely with regulatory authorities.

What recent achievements has Verano Holdings Corp celebrated?

Verano Holdings Corp has recently celebrated achievements such as strong financial performance, successful operational highlights, and expansions into new markets.

How can investors get in touch with Verano Holdings Corp?

Investors can get in touch with Verano Holdings Corp through the contact information provided, including email addresses for media inquiries and investor relations.

What is Verano's mission and vision for the future?

Verano's mission is to provide high-quality cannabis products to customers while maintaining a focus on innovation, sustainability, and community engagement. The company's vision is to become a leading player in the cannabis industry, known for its excellence and customer satisfaction.

VERANO HLDGS CORP

OTC:VRNOF

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VRNOF Stock Data

485.42M
302.30M
15.59%
10.6%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
Chicago