Verano Holdings Corp. (VRNOF)

OTCMKTS · Delayed Price · Currency is USD
1.550
-0.090 (-5.49%)
Nov 21, 2024, 3:59 PM EST
-64.37%
Market Cap 591.28M
Revenue (ttm) 897.57M
Net Income (ttm) -146.36M
Shares Out n/a
EPS (ttm) -0.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 396,799
Open 1.670
Previous Close 1.640
Day's Range 1.510 - 1.700
52-Week Range 1.420 - 7.080
Beta 1.36
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About Verano Holdings

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. It offers cannabis products under the Encore, Avexia, MUV, Savvy, BITS, Verano, and Essence brands for medical and adult-use markets. The company is headquartered in Chicago, Illinois. [Read more]

Sector Healthcare
CEO George Archos
Employees 3,900
Stock Exchange OTCMKTS
Ticker Symbol VRNOF
Full Company Profile

Financial Performance

In 2023, Verano Holdings's revenue was $938.45 million, an increase of 6.71% compared to the previous year's $879.41 million. Losses were -$117.35 million, -56.40% less than in 2022.

Financial Statements

News

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

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 ...

6 days ago - GlobeNewsWire

Gaetz as Trump's AG seen as bullish for pot stocks, but confirmation looks unlikely

If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.

7 days ago - Market Watch

Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.

9 days ago - Market Watch

November's Top US Marijuana Stocks to Watch After Recent Market Pullbacks

The recent pullback in the U.S. cannabis market has sparked renewed interest in marijuana stocks, especially with federal reform possibly on the horizon. Although Republican leadership typically suppo...

11 days ago - MarijuanaStocks

Verano Holdings Corporation (VRNOF) Q3 2024 Earnings Call Transcript

Verano Holdings Corporation (OTCQX:VRNOF) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Julianna Paterra - VP, Investor Relations George Archos - Founder, Chairman ...

12 days ago - Seeking Alpha

Verano Announces Third Quarter 2024 Financial Results

CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial resul...

14 days ago - GlobeNewsWire

Cannabis stocks crater as Florida fails to garner needed votes for adult use

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.

15 days ago - Market Watch

Are These 3 Marijuana Stocks To Buy Right Now?

As we continue in Q4 marijuana stock investors are watching for companies to report earnings. How a company performs each quarter says a lot about the company's success. The more profitable a company ...

24 days ago - MarijuanaStocks

Verano Commences Adult Use Cannabis Sales at Zen Leaf™ Waterbury in Connecticut

Zen Leaf Waterbury Completes the Conversion of All Five Connecticut Zen Leaf Dispensaries from Medical to Hybrid Sales Situated in Connecticut's fifth largest city with 115,000 residents1, Zen Leaf Wa...

4 weeks ago - GlobeNewsWire

Best US Marijuana Stocks to Watch for Strong Upside in Q4 2024

The US cannabis industry continues to show strong growth, with recent projections estimating that the market could reach $40 billion by 2025. As more states consider legalization, the demand for canna...

4 weeks ago - MarijuanaStocks

Verano to Report Third Quarter 2024 Financial Results on November 7, 2024

CHICAGO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to re...

7 weeks ago - GlobeNewsWire

Top US Marijuana Stocks to Watch in October: Industry Leaders and Market Movers

The US cannabis industry continues to grow rapidly, driven by increasing legalization and consumer demand. As of 2024, 39 states have legalized medical marijuana, and 23 allow recreational use. The in...

7 weeks ago - MarijuanaStocks

Verano Announces the Opening of Zen Leaf™ Arcadia in Prime New Phoenix Location

CHICAGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the grand opening ...

2 months ago - GlobeNewsWire

Verano Launches “Save the Bits” Fundraising Campaign, Featuring BITS™ Edibles and Industrywide Coalition of Hundreds of Dispensaries Across Eight States, Supporting the Lynn Sage Breast Cancer Foundation

CHICAGO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today launched “ Save the Bits ,” ...

2 months ago - GlobeNewsWire

Top Marijuana Stocks In The Stock Market Today

Marijuana stock investors are always looking for new market opportunities. Now could be a good time to take profits and pick up even more shares. With the impact of cannabis politics and the president...

2 months ago - MarijuanaStocks

3 Marijuana Stocks To Watch To Start Your Week

Marijuana stock investors are still on the watch for another run in the sector. Due to the intensity of politics surrounding the cannabis industry, there may be more of an influx of market action. Wit...

2 months ago - MarijuanaStocks

Verano Elevates Florida Retail Footprint to 79 Dispensaries with the Openings of MÜV Melbourne and MÜV Okeechobee

CHICAGO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, announced today the openings of MÜ...

2 months ago - GlobeNewsWire

Verano Announces Upcoming Conference Participation

CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the following conf...

2 months ago - GlobeNewsWire

Marijuana Stocks To Watch Today In The Cannabis Sector

Marijuana stock investors see the future of the cannabis industry to have greater success. Beyond regulatory and federal reform there has been lots of growth as a sector and money made. Currently, mos...

2 months ago - MarijuanaStocks

2 Marijuana Stocks For Your September Watchlist

What will investors do about the future of marijuana stock investing? Well, there are several parts to this thought that could be promising. Particularly for those who are optimistic about the legal c...

2 months ago - MarijuanaStocks

2 Marijuana Stocks To Buy If For New Cannabis Investors

Many marijuana stock investors are focused on the future as there is much in the works. For instance, with it being an election year we could see another moment of build-up for a major letdown. Yet ev...

2 months ago - MarijuanaStocks

Verano Is Now My Favorite Large MSO (Rating Upgrade)

I upgrade Verano stock to buy due to a beaten-up yet solid chart, despite a weaker-than-expected Q2 and a challenging outlook. Verano's valuation is highly attractive compared to peers, with a potenti...

2 months ago - Seeking Alpha

3 Marijuana Stocks For Investors This Month

Marijuana stock investors are plagued by the same variables that have continued to fuel the sector. Unfortunately, this same cause and effect has led to its volatile trading. Now with this volatility ...

3 months ago - MarijuanaStocks

Top US Cannabis Stocks for September: Emerging Leaders to Watch

The US cannabis industry continues to grow, expected to reach $41.5 billion by 2025. This rapid expansion makes it essential to keep an eye on top marijuana stocks each week. Recent headlines have hig...

3 months ago - MarijuanaStocks

Verano Announces Closing of Acquisition of Arizona and Virginia Subsidiaries of The Cannabist Company, Becomes Exclusive Cannabis Operator for HSA 5 in Eastern Virginia and Strengthens Arizona Footprint

Acquisitions Expand Verano's Footprint to 14 States, 15 Cultivation and Production Facilities, and 150 Dispensaries Nationwide

3 months ago - GlobeNewsWire