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Verano to Report Fourth Quarter and Full Year 2022 Financial Results on March 30, 2023

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Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) will release its fourth-quarter and fiscal year financial results for 2022 before the market opens on March 30, 2023. A conference call is scheduled for the same day at 8:30 a.m. ET to discuss the results with analysts and investors. Verano operates in 14 U.S. states, including 13 active markets, and boasts over 1,000,000 square feet of cultivation space. The company focuses on providing high-quality cannabis products through its brands, including Verano, MÜV, and Zen Leaf, enhancing community wellness through regulated access.

Positive
  • Scheduled financial results release for Q4 and FY 2022.
  • Conference call planned to discuss results, indicating transparency.
  • Strong operational presence in 14 states with extensive cultivation capacity.
Negative
  • None.

CHICAGO, March 02, 2023 (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 fourth quarter and fiscal year ended December 31, 2022, before the market opens on Thursday, March 30, 2023.

A conference call and audio webcast with analysts and investors will be held on March 30, 2023 at 8:30 a.m. ET / 7:30 a.m. CT to discuss the results and answer investor and participant questions.

About Verano
Verano 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 high-quality, innovative cannabis products sold under its trusted portfolio of consumer brands, Verano, MÜV, Savvy, BITS, Encore, and Avexia. Verano’s portfolio encompasses 14 U.S. states, with active operations in 13, including 14 production facilities comprising over 1,000,000 square feet of cultivation capacity. Verano designs, builds, and operates dispensaries under retail brands including Zen Leaf and MÜV, delivering a superior cannabis shopping experience in both medical and adult use markets. Learn more at www.verano.com.

Contacts:
Investors
Verano
Julianna Paterra, CFA
Vice President, Investor Relations
julianna.paterra@verano.com

Media
Verano
Steve Mazeika
Vice President, Communications
steve.mazeika@verano.com
312-348-4430

Forward Looking Statements

This press release contains 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", “future”, "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". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements or information with respect to the Company’s operations. 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 registration statement on Form 10, as amended, and quarterly reports on Form 10-Q filed with the U.S. Securities and Exchange Commission at www.sec.gov. The 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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FAQ

When will Verano Holdings release its financial results for Q4 and FY 2022?

Verano Holdings will release its financial results on March 30, 2023.

What time is the conference call for Verano Holdings' financial results?

The conference call is scheduled for 8:30 a.m. ET on March 30, 2023.

How many states does Verano operate in?

Verano operates in 14 U.S. states, with active operations in 13.

What brands does Verano Holdings offer?

Verano's brands include Verano, MÜV, Savvy, BITS, Encore, and Avexia.

Where can I access the live webcast of the conference call?

The live webcast can be accessed via the link provided in the press release or on Verano's investor relations website.

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