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Verano To Report First Quarter 2021 Financial Results On May 18, 2021

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced the release of its first-quarter financial results for 2021, scheduled on May 18, 2021, before market opening. A conference call will follow at 8:30 AM ET to discuss results with analysts and investors. Verano Holdings operates in 11 states with nine production facilities covering approximately 770,000 square feet of cultivation. The company is committed to enhancing wellness through regulated cannabis products under brands like Verano, Avexia, and MÜV.

Positive
  • Operational presence in 11 states with nine production facilities.
  • Approximately 770,000 square feet of cultivation capacity.
Negative
  • None.

CHICAGO, May 03, 2021 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or “the Company”), a leading multi-state cannabis company, today announced that it will release financial results for the first quarter of 2021, before the market opens on Tuesday, May 18, 2021.

A conference call and audio webcast with analysts and investors will be held at 8:30 a.m. Eastern Time/7:30 a.m. Central Time, to discuss the results and answer questions.

  • Investors and participants can register for the call in advance by visiting http://www.directeventreg.com/registration/event/3375591. After registering, instructions will be shared on how to join the call for those who wish to dial-in.
  • Live and archived webcast will be available on the Events and Presentations page of Verano’s investor relations website at investors.verano.com.

About Verano

Verano Holdings Corp. is a leading, vertically-integrated, multi-state cannabis operator in the U.S., devoted to the ongoing improvement of communal wellness by providing responsible access to regulated cannabis products. With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands: Verano, Avexia, Encore, and MÜV. The company’s portfolio encompasses 14 U.S. States, with active operations in 11, which includes nine production facilities comprising approximately 770,000 square feet of cultivation. Verano designs, builds, and operates dispensaries under retail brands Zen Leaf and MÜV, delivering a superior cannabis shopping experience in both medical and adult-use markets. Learn more at www.verano.com.

Forward Looking Statements
This press release may contain certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "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 information and 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 or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "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 information and forward-looking statements may include, but are not limited to statements or information with respect to the Company’s position in the marketplace, the proposed completion or buildout of the Company’s facilities, the Company’s cultivation capacity, the completion of pending acquisitions, the accretive nature of acquisitions, the fortification of the Company’s presence in core markets, the possibility of material organic expansion, delivery of shareholder value and the ability to maintain industry-leading margins and add depth to leadership.

Forward-looking information and 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 information and statements herein, including, without limitation, the risk factors discussed in the Company's filings on SEDAR at www.sedar.com

Any forward-looking information and 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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Contacts:
Investors:
Verano Holdings Corp.
Aaron Miles
Head of Investor Relations
aaron@verano.holdings

Media:
Verano Holdings Corp.
David Spreckman
Sr. Director, Corporate Communications & Retail Marketing
david@verano.holdings
312-819-4852


FAQ

When will Verano Holdings release its Q1 2021 financial results?

Verano Holdings will release its Q1 2021 financial results on May 18, 2021, before market opening.

What time is the conference call for Verano's Q1 2021 results?

The conference call will take place at 8:30 AM Eastern Time on May 18, 2021.

How many states does Verano operate in?

Verano operates in 11 states across the U.S.

What is the cultivation capacity of Verano Holdings?

Verano Holdings has a cultivation capacity of approximately 770,000 square feet.

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