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Verano Strengthens South Florida Retail Footprint with Opening of MÜV North Miami Beach, the Company’s 80th Dispensary in the Sunshine State

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Verano Holdings (OTCQX: VRNOF) announced the opening of MÜV North Miami Beach, marking its 80th location in Florida and 153rd dispensary nationwide. The new store, located at 16635 NE 19th Avenue, will serve Miami-Dade County's population of over 2.6 million residents.

The dispensary is strategically positioned west of Biscayne boulevard on 19th Avenue, a high-traffic area with 25,000 vehicles daily. It complements Verano's existing Miami-Dade locations in North Miami-Biscayne, Miami-Kendall, and Naranja.

To celebrate the opening, the dispensary will offer special promotions including 50% off from February 21-23, $8 eighths on Friday, and free swag bags while supplies last. The location will operate Monday-Saturday (9am-7pm) and Sunday (11am-5pm), offering Verano's product lines including Verano Reserve, MÜV, Sweet Supply flower, Encore edibles, and On the Rocks concentrates.

Verano Holdings (OTCQX: VRNOF) ha annunciato l'apertura di MÜV North Miami Beach, segnando la sua 80ª posizione in Florida e il 153° dispensario a livello nazionale. Il nuovo negozio, situato al 16635 NE 19th Avenue, servirà una popolazione di oltre 2,6 milioni di residenti nella contea di Miami-Dade.

Il dispensario è posizionato strategicamente a ovest del Biscayne Boulevard, su 19th Avenue, una zona ad alto traffico con 25.000 veicoli al giorno. Completa le posizioni esistenti di Verano nella contea di Miami-Dade a North Miami-Biscayne, Miami-Kendall e Naranja.

Per celebrare l'apertura, il dispensario offrirà promozioni speciali tra cui il 50% di sconto dal 21 al 23 febbraio, ottavi a 8 dollari il venerdì e sacchetti omaggio gratuiti fino a esaurimento scorte. La location sarà aperta dal lunedì al sabato (9:00-19:00) e la domenica (11:00-17:00), offrendo le linee di prodotti di Verano, tra cui Verano Reserve, MÜV, Sweet Supply flower, Encore edibles e On the Rocks concentrates.

Verano Holdings (OTCQX: VRNOF) anunció la apertura de MÜV North Miami Beach, marcando su 80ª ubicación en Florida y el 153º dispensario a nivel nacional. La nueva tienda, ubicada en 16635 NE 19th Avenue, atenderá a la población del condado de Miami-Dade, que supera los 2.6 millones de residentes.

El dispensario está estratégicamente situado al oeste de Biscayne Boulevard en 19th Avenue, una zona de alto tráfico con 25,000 vehículos diarios. Complementa las ubicaciones existentes de Verano en Miami-Dade en North Miami-Biscayne, Miami-Kendall y Naranja.

Para celebrar la apertura, el dispensario ofrecerá promociones especiales, incluyendo un 50% de descuento del 21 al 23 de febrero, octavos a 8 dólares el viernes y bolsas de regalos gratis hasta agotar existencias. La ubicación estará abierta de lunes a sábado (9 a.m. - 7 p.m.) y domingo (11 a.m. - 5 p.m.), ofreciendo las líneas de productos de Verano, que incluyen Verano Reserve, MÜV, Sweet Supply flower, Encore edibles y On the Rocks concentrates.

Verano Holdings (OTCQX: VRNOF)는 MÜV North Miami Beach의 개장을 발표하며 플로리다의 80번째 지점이자 전국적으로 153번째 약국을 열었습니다. 새로운 매장은 16635 NE 19th Avenue에 위치하며, 260만 명이 넘는 마이애미-데이드 카운티 주민들에게 서비스를 제공합니다.

약국은 19th Avenue의 Biscayne Boulevard 서쪽에 전략적으로 위치해 있으며, 하루 25,000대의 차량이 통행하는 교통량이 많은 지역입니다. 이는 Verano의 기존 마이애미-데이드 지역인 North Miami-Biscayne, Miami-Kendall 및 Naranja와 함께합니다.

개장을 기념하기 위해 약국은 2월 21일부터 23일까지 50% 할인, 금요일에 8달러의 1/8 파이프, 그리고 소진 시까지 무료 사은품 가방을 포함한 특별 프로모션을 제공합니다. 매장은 월요일부터 토요일 (오전 9시 - 오후 7시) 및 일요일 (오전 11시 - 오후 5시) 동안 운영되며, Verano의 제품 라인인 Verano Reserve, MÜV, Sweet Supply flower, Encore edibles 및 On the Rocks concentrates를 제공합니다.

Verano Holdings (OTCQX: VRNOF) a annoncé l'ouverture de MÜV North Miami Beach, marquant son 80ème emplacement en Floride et le 153ème dispensaire à l'échelle nationale. Le nouveau magasin, situé au 16635 NE 19th Avenue, servira une population de plus de 2,6 millions d'habitants dans le comté de Miami-Dade.

Le dispensaire est stratégiquement situé à l'ouest de Biscayne Boulevard sur la 19th Avenue, une zone à fort trafic avec 25 000 véhicules par jour. Il complète les emplacements existants de Verano dans le comté de Miami-Dade à North Miami-Biscayne, Miami-Kendall et Naranja.

Pour célébrer l'ouverture, le dispensaire proposera des promotions spéciales, notamment 50 % de réduction du 21 au 23 février, des huitièmes à 8 dollars le vendredi et des sacs cadeaux gratuits jusqu'à épuisement des stocks. L'emplacement sera ouvert du lundi au samedi (9h-19h) et le dimanche (11h-17h), offrant les gammes de produits de Verano, y compris Verano Reserve, MÜV, Sweet Supply flower, Encore edibles et On the Rocks concentrates.

Verano Holdings (OTCQX: VRNOF) hat die Eröffnung von MÜV North Miami Beach bekannt gegeben, was den 80. Standort in Florida und den 153. Dispensary im ganzen Land markiert. Der neue Laden befindet sich in der 16635 NE 19th Avenue und wird die Bevölkerung des Miami-Dade County, die über 2,6 Millionen Einwohner zählt, bedienen.

Der Dispensary ist strategisch westlich des Biscayne Boulevards in der 19th Avenue gelegen, einer stark frequentierten Gegend mit täglich 25.000 Fahrzeugen. Er ergänzt die bestehenden Standorte von Verano in Miami-Dade in North Miami-Biscayne, Miami-Kendall und Naranja.

Zur Feier der Eröffnung wird der Dispensary spezielle Aktionen anbieten, darunter 50% Rabatt vom 21. bis 23. Februar, 8-Dollar-Achtel am Freitag und kostenlose Geschenktüten, solange der Vorrat reicht. Der Standort wird von Montag bis Samstag (9-19 Uhr) und Sonntag (11-17 Uhr) geöffnet sein und die Produktlinien von Verano anbieten, einschließlich Verano Reserve, MÜV, Sweet Supply flower, Encore edibles und On the Rocks concentrates.

Positive
  • Expansion to 80 locations in Florida, strengthening presence in key market
  • Strategic location in Miami-Dade County with 25,000 daily vehicle traffic
  • Total nationwide footprint reaches 153 dispensaries across 13 states
  • 1.1 million square feet of cultivation capacity through 15 facilities
Negative
  • None.
  • Located at 16635 NE 19th Avenue, MÜV North Miami Beach is Verano’s third MÜV location in the city of Miami and fourth in Miami-Dade County, a region with more than 2.6 million residents1
  • MÜV North Miami complements nearby MÜV locations in Naranja, North Miami - Biscayne and Miami - Kendall.
  • Verano’s active operations span 13 states, comprised of 153 dispensaries and 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity

CHICAGO, Feb. 19, 2025 (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 MÜV North Miami Beach on Friday, February 21st, elevating the Company’s Florida retail footprint to 80 MÜV locations and 153 dispensaries nationwide. MÜV North Miami Beach, located at 16635 NE 19th Ave, will be open from Monday to Saturday from 9 a.m. to 7 p.m. and Sunday from 11 a.m. to 5 p.m. local time.

Located in Florida’s Miami-Dade County, the state’s largest county by population with over 2.6 million residents, MÜV North Miami Beach sits in a prime location just west of Biscayne boulevard on 19th Avenue, a bustling thoroughfare with a daily traffic count of 25,000 vehicles2. The dispensary marks a milestone as Verano’s 80th location in the Sunshine State and fourth in Miami-Dade County, complementing existing locations in North Miami - Biscayne, MÜV Miami - Kendall, and MÜV Naranja. MÜV North Miami Beach is conveniently located next to Miami’s Snake Creek Canal and a short trip from area beaches, shopping areas and other favorite attractions popular with locals, tourists and seasonal residents alike.

To celebrate the grand opening of MÜV North Miami Beach, patients will be offered an array of discounts – including 50% off from Friday, February 21st – Sunday, February 23rd, an $8 eighth on Friday, and free swag bags as well on Friday while supplies last.

“The opening of MÜV North Miami Beach, our 80th Florida dispensary location, marks a significant milestone as we further expand our footprint in the South Florida region,” said John Tipton, President of the Southern Region. “Adding a fourth location in the largest city in the state is tremendously exciting, and we look forward to welcoming patients at MÜV North Miami Beach and offering new and exciting products across all of our Florida dispensaries throughout the course of this year.”

MÜV dispensaries feature online menus for effortless browsing of their extensive, award-winning product selection, including the Company’s signature Verano Reserve, MÜV and Sweet Supply flower, Encore edibles, On the Rocks concentrates and extracts, and (the) Essence and Savvy flower and extracts, spanning an extensive array of options for patients. The Company also offers one-on-one virtual and in-store consultations, at no cost to patients, and provides patient-centric concierge services via phone, email, web chat and text to address patient inquiries.

For additional convenience and accessibility, patients can visit muvfl.com or the MÜV mobile application - available in the Google Play and Apple App stores - for additional information and to place orders 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 13 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 & Investors
Grace Bondy
Director, Communications
Grace.Bondy@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”, “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
2 Florida Dept of Transportation


FAQ

What is the location and operating hours of the new MÜV North Miami Beach dispensary (VRNOF)?

The new dispensary is located at 16635 NE 19th Avenue, operating Monday-Saturday 9am-7pm and Sunday 11am-5pm.

What opening promotions is MÜV North Miami Beach offering in February 2025?

The dispensary is offering 50% off from February 21-23, $8 eighths on Friday, and free swag bags while supplies last.

How many dispensaries does Verano (VRNOF) now operate in Florida and nationwide?

Verano operates 80 MÜV dispensaries in Florida and 153 dispensaries nationwide across 13 states.

What products are available at the new MÜV North Miami Beach location?

The dispensary offers Verano Reserve, MÜV and Sweet Supply flower, Encore edibles, On the Rocks concentrates, and Essence and Savvy flower and extracts.

How many MÜV locations does Verano (VRNOF) now have in Miami-Dade County?

Verano now has four MÜV locations in Miami-Dade County: North Miami Beach, North Miami-Biscayne, Miami-Kendall, and Naranja.

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