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Verano Announces the Opening of Zen Leaf™ Mount Holly, the Company’s Fourth Dispensary in New Jersey and 153rd Retail Location Nationwide

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Verano Holdings announced the opening of Zen Leaf Mount Holly, its fourth dispensary in New Jersey and 153rd retail location nationwide. Located at 600 High Street, Mount Holly, the new dispensary will serve Burlington County's 400,000+ residents. The store will offer various opening deals, including buy-one-get-one offers and up to 30% discounts on select products. Verano's New Jersey presence includes other Zen Leaf dispensaries in Elizabeth, Lawrence Township, and Neptune Township, plus a 120,000 square foot cultivation facility in Branchburg. The company operates across 14 states with 153 dispensaries and 15 cultivation facilities, totaling over 1.1 million square feet of cultivation capacity.

Verano Holdings ha annunciato l'apertura di Zen Leaf Mount Holly, il suo quarto dispensario nel New Jersey e la 153° posizione al dettaglio a livello nazionale. Situato al 600 High Street, Mount Holly, il nuovo dispensario servirà oltre 400.000 residenti della Contea di Burlington. Il negozio offrirà diverse promozioni di apertura, inclusi sconti buy-one-get-one e fino al 30% di sconto su prodotti selezionati. La presenza del New Jersey di Verano include altri dispensari Zen Leaf a Elizabeth, Lawrence Township e Neptune Township, oltre a un impianto di coltivazione di 120.000 piedi quadrati a Branchburg. L'azienda opera in 14 stati con 153 dispensari e 15 impianti di coltivazione, per un totale di oltre 1,1 milioni di piedi quadrati di capacità di coltivazione.

Verano Holdings anunció la apertura de Zen Leaf Mount Holly, su cuarto dispensario en Nueva Jersey y la 153ª ubicación de venta minorista a nivel nacional. Ubicado en 600 High Street, Mount Holly, el nuevo dispensario servirá a más de 400,000 residentes del condado de Burlington. La tienda ofrecerá varias promociones de apertura, incluyendo ofertas de compra uno y llévate uno y descuentos de hasta el 30% en productos seleccionados. La presencia de Verano en Nueva Jersey incluye otros dispensarios Zen Leaf en Elizabeth, Lawrence Township y Neptune Township, además de una instalación de cultivo de 120,000 pies cuadrados en Branchburg. La compañía opera en 14 estados con 153 dispensarios y 15 instalaciones de cultivo, totalizando más de 1.1 millones de pies cuadrados de capacidad de cultivo.

Verano HoldingsZen Leaf Mount Holly의 개장을 발표했습니다. 이는 뉴저지에서의 네 번째 약국이며 전국적으로는 153번째 소매 매장입니다. Mount Holly의 600 High Street에 위치한 이 새로운 약국은 Burlington 카운티의 40만 이상의 주민들에게 서비스를 제공합니다. 이 매장은 1개 구매 시 1개 무료 제공과 선택된 제품에 대해 최대 30% 할인 등의 다양한 개장 프로모션을 제공할 것입니다. Verano의 뉴저지 존재는 Elizabeth, Lawrence Township 및 Neptune Township에 있는 다른 Zen Leaf 약국뿐만 아니라 Branchburg에 있는 120,000평방 피트 규모의 재배 시설도 포함됩니다. 이 회사는 14개 주에서 153개의 약국과 15개의 재배 시설을 운영하며, 총 110만 평방 피트 이상의 재배 용량을 보유하고 있습니다.

Verano Holdings a annoncé l'ouverture de Zen Leaf Mount Holly, son quatrième dispensaire au New Jersey et le 153ème emplacement de vente au détail à l'échelle nationale. Situé au 600 High Street, Mount Holly, le nouveau dispensaire servira plus de 400 000 résidents du comté de Burlington. Le magasin proposera diverses offres d'ouverture, notamment des promotions d'achat d'un produit et d'obtention d'un autre gratuit, ainsi que des réductions allant jusqu'à 30 % sur certains produits. La présence de Verano au New Jersey comprend d'autres dispensaires Zen Leaf à Elizabeth, Lawrence Township et Neptune Township, ainsi qu'une installation de culture de 120 000 pieds carrés à Branchburg. L'entreprise opère dans 14 États avec 153 dispensaires et 15 installations de culture, totalisant plus de 1,1 million de pieds carrés de capacité de culture.

Verano Holdings hat die Eröffnung von Zen Leaf Mount Holly angekündigt, seinem vierten Dispensary in New Jersey und der 153. Einzelhandelsstandort im ganzen Land. Das neue Dispensary befindet sich in der High Street 600, Mount Holly, und wird über 400.000 Einwohner des Burlington County bedienen. Der Laden wird verschiedene Eröffnungsangebote bieten, darunter Buy-One-Get-One-Aktionen und Rabatte von bis zu 30% auf ausgewählte Produkte. Veranos Präsenz in New Jersey umfasst weitere Zen Leaf Dispensaries in Elizabeth, Lawrence Township und Neptune Township sowie eine 120.000 Quadratfuß große Anbauanlage in Branchburg. Das Unternehmen ist in 14 Bundesstaaten mit 153 Dispensaries und 15 Anbaueinrichtungen tätig, die insgesamt über 1,1 Millionen Quadratfuß Anbaufläche verfügen.

Positive
  • Expansion of retail footprint with 4th New Jersey location
  • Strategic location serving 400,000+ residents in Burlington County
  • Extensive cultivation capacity with 120,000 sq ft facility in Branchburg
  • Strong national presence across 14 states with 153 dispensaries
Negative
  • None.
  • Zen Leaf, located at 600 High Street in Mount Holly, conveniently lies less than thirty miles east of Philadelphia in New Jersey’s Burlington County, a region with over 400,000 residents1
  • In addition to Zen Leaf Mount Holly, the Company’s New Jersey operations include Zen Leaf dispensaries in Elizabeth, Lawrence Township, and Neptune Township, and a state-of-the-art, 120,000 square foot cultivation and processing facility in Branchburg
  • Nationally, Verano’s operations span 14 states, comprised of 153 dispensaries and 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity

CHICAGO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of Zen Leaf Mount Holly on Friday, November 15th, raising the Company’s retail footprint to four dispensaries in New Jersey and 153 retail locations nationwide. Located at 600 High Street in Mount Holly, Zen Leaf will be open daily from 9 a.m. to 10 p.m., local time.

Beginning opening day, Zen Leaf Mount Holly will offer an array of exciting doorbuster deals, including buy one get ones, mix-n-matches, and up to 30% off on select Avexia, BITS, Savvy, Verano and (the) Essence items. Additionally, the Company’s new Mount Holly location will join all Zen Leaf locations in the Garden State in offering daily promotions including a standing 22% discount for Veterans, as well as discounted rates for seniors, college students, and more.

Additionally, on Friday, November 29th, Zen Leaf Mount Holly will host a special Black Friday grand opening celebration and ceremonial ribbon cutting, where guests can enjoy free coffee and donuts, product deals and discounts, local food truck fare, merchandise giveaways, a DJ and photobooth, and onsite glassblowing demonstration.

“We are thrilled to open Zen Leaf Mount Holly, our first location in South Jersey and fourth dispensary in the Garden State,” said George Archos, Verano founder and Chief Executive Officer. “Zen Leaf Mount Holly broadens our retail footprint in the growing New Jersey market, and we look forward to offering our wide variety of award-winning products, our Cabbage Club membership program, and an exceptional experience for local cannabis consumers.”

Zen Leaf Mount Holly adds another convenient location for South Jersey cannabis consumers, in addition to Zen Leaf Neptune, Zen Leaf Lawrence and Zen Leaf Elizabeth. Verano’s operations in New Jersey include a state-of-the-art 120,000 square foot cultivation and processing facility in Branchburg, where the company produces its signature Verano Reserve flower, Swift Lift pre-roll joints and vapes; (the) Essence and Savvy flower, edibles and vapes; On the Rocks Live Rosin vapes and extracts; BITS low-dose high-function edibles; and Avexia RSO, topicals, tablets and tinctures.

For additional convenience and accessibility, patients can choose to order ahead at ZenLeafDispensaries.com for express in-store pickup. Product images, logos and b-roll footage are available on the Company Newsroom.

About Verano

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 provides a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf and MÜV dispensary banners, including Cabbage Club, an innovative annual membership program offering exclusive benefits for cannabis consumers. Verano produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano, (the) Essence, MÜV, Savvy, BITS, Encore, and Avexia. Verano’s active operations span 14 U.S. states, comprised of 15 production facilities with over 1.1 million square feet of cultivation capacity. Learn more at Verano.com.

Contacts:

Media
Verano
Grace Bondy
Director, Communications
Grace.Bondy@verano.com

Investors
Verano
Julianna Paterra, CFA
VP, Investor Relations
Julianna.Paterra@verano.com

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans, strategies, or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “future”, “scheduled”, “estimates”, “forecasts”, “projects,” “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein, including, without limitation, the risk factors described in the Company’s annual report on Form 10-K for the year ended December 31, 2023 and any subsequent quarterly reports on Form 10-Q, in each case, filed with the U.S. Securities and Exchange Commission at www.sec.gov. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information or forward-looking statements that are contained or referenced herein, except as may be required in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice regarding forward-looking information and statements.
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1 . U.S. Census


FAQ

When did Verano (VRNOF) open Zen Leaf Mount Holly in New Jersey?

Verano opened Zen Leaf Mount Holly on November 15, 2024.

How many dispensaries does Verano (VRNOF) operate in New Jersey?

Verano operates 4 dispensaries in New Jersey, located in Mount Holly, Elizabeth, Lawrence Township, and Neptune Township.

What is the size of Verano's (VRNOF) cultivation facility in New Jersey?

Verano operates a 120,000 square foot cultivation and processing facility in Branchburg, New Jersey.

What opening promotions is Zen Leaf Mount Holly offering?

Zen Leaf Mount Holly is offering buy-one-get-one deals, mix-n-matches, and up to 30% off on select Avexia, BITS, Savvy, Verano, and Essence products.

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