Verano Hldgs Stock Price, News & Analysis

Verano Holdings Corp. (OTCQX: VRNOF), a leading multi-state cannabis company, has scheduled its second quarter 2025 financial results release for August 7, 2025, before market open. The company will host a conference call and webcast with analysts and investors at 8:30 a.m. ET / 7:30 a.m. CT on the same day.

Verano operates across 13 U.S. states with 15 production facilities spanning over 1.1 million square feet of cultivation capacity. The company manages dispensaries under the Zen Leaf™ and MÜV™ banners, including their Cabbage Club™ membership program, and produces cannabis products under various brands including Verano™, Essence™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™.

Verano Holdings (OTCQX: VRNOF) has unveiled a revolutionary bodega-style dispensary format at its Zen Leaf Cave Creek location in Phoenix. This new retail concept allows customers to directly browse and select cannabis products from shelves, offering one of the largest accessible assortments in the U.S.

The company will celebrate with a grand re-opening Summer Festival on June 27-28th, featuring celebrity appearances, food trucks, and special promotions. The store operates daily from 8:00 AM to 10:00 PM and offers multiple shopping methods including self-selection, online pre-orders, in-store kiosks, counter service, and curbside pickup.

Verano maintains a strong presence in Arizona with 8 dispensaries and 90,000 square feet of cultivation and processing facilities. The company operates across 13 states with 157 dispensaries and 15 cultivation facilities.

Verano Holdings (VRNOF) has announced an exclusive partnership with Arizona-based Grow Sciences to introduce their premium cannabis products to the Illinois market starting June 21st. The partnership will initially launch at Zen Leaf's ten Illinois dispensaries before expanding to other retailers. Grow Sciences, operating since 2017, will bring thirteen elite cannabis strains including Prickly Pear, Florida Jack, and Jelly RTZ. The product lineup includes premium flower eighths, 1-gram flower joints, live hash rosin cartridges, hash rosin extracts, and live rosin fruit chews. All products feature hand-selected, craft cannabis with a focus on quality and natural extraction methods. The partnership represents a significant expansion for Grow Sciences and enhances Verano's product portfolio in their home state.

Verano Holdings (VRNOF) announced the opening of Zen Leaf Enfield, its seventh Connecticut dispensary, on May 23, 2025. Located at 98 Elm St. near Enfield Square Mall, the dispensary features a drive-thru and will operate Monday-Saturday (9am-9pm) and Sunday (10am-6pm). The opening coincides with the Mall's upcoming $250 million transformation into Enfield Marketplace. The company demonstrated community engagement by funding Narcan supplies for the Thompsonville Fire Department and supporting local food banks. The location joins Verano's extensive network of 157 dispensaries across 13 states, complementing their 217,000 sq ft CTPharma facility in Rocky Hill. The grand opening celebration during Memorial Day weekend will feature special promotions, local vendors, food trucks, and a ceremonial ribbon cutting with community leaders.

Verano Holdings Corp. (VRNOF) reported its Q1 2025 financial results with revenues of $210 million, representing a 5% year-over-year decline and a 4% sequential decrease. The company posted a net loss of $12 million and Adjusted EBITDA of $54 million (26% of revenue). Gross profit was $100 million (47% of revenue), down from $113 million (51%) in Q1 2024. The revenue decline was attributed to increased promotional activity and price compression in key markets, partially offset by Ohio adult-use sales and strong performance in Florida. The company expanded its retail footprint with new MÜV and Zen Leaf dispensaries, reaching 155 dispensaries across 13 states. Verano maintained a solid balance sheet with $84 million in cash and total debt of $421 million.

Verano Holdings Corp (OTCQX: VRNOF) has announced the opening of its new MÜV dispensary in New Smyrna Beach, Florida, marking its 81st location in the state and 155th dispensary nationwide. The new store, located at 763 East 3rd Avenue, will open on April 18th, 2025, becoming the fourth MÜV location in Volusia County.

The dispensary will celebrate its opening during the 420 weekend with special promotions including up to 50% off storewide and daily doorbuster deals on popular cannabis brands. The new location complements existing MÜV stores in Orange City, Ormond Beach, and Port Orange, serving a region with over 600,000 residents.

Verano's operations now span 13 states, featuring 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity. The New Smyrna Beach location will offer the company's signature product lines including Verano Reserve, MÜV, Sweet Supply flower, Encore edibles, and various other cannabis products.

Verano Holdings Corp (OTCQX: VRNOF) has announced the promotion of Richard Tarapchak to Chief Financial Officer, effective April 11, 2025. Tarapchak, who joined Verano in July 2022, succeeds Brett Summerer following his mutually agreed upon resignation.

Tarapchak brings over 30 years of accounting and finance expertise to the role. As CFO, he will oversee all financial and accounting operations, strategic financial planning, and information technology. His previous positions at Verano included Executive Vice President, Finance and Corporate Controller, and Principal Accounting Officer.

Prior to Verano, Tarapchak held leadership positions at II-VI Incorporated, Reynolds Group Holdings , National Material L.P., and Navistar International He holds a business administration degree from Wittenberg University and an MBA from The Ohio State University.

Verano Holdings Corp. (OTCQX: VRNOF) has announced it will release its first quarter 2025 financial results on May 8, 2025, before market opening. The company will host a conference call and webcast with analysts and investors at 8:30 a.m. ET / 7:30 a.m. CT on the same day.

Verano operates across 13 U.S. states with 15 production facilities, maintaining over 1.1 million square feet of cultivation capacity. The company runs dispensaries under the Zen Leaf™ and MÜV™ banners, including their Cabbage Club™ membership program, and produces cannabis products under various brands including Verano™, Essence™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™.

Verano Holdings Corp. (OTCQX: VRNOF) announced the opening of Zen Leaf Ashford, its sixth Connecticut location, on April 4th, 2025. The new dispensary, located at 55 Nott Hwy, is strategically positioned as the closest cannabis outlet to the University of Connecticut's main campus in Storrs.

The location will offer a special 20% 'Higher Education' discount for UConn students and celebrate Husky sports victories with special promotions. The grand opening weekend will feature deals, food trucks, DJs, giveaways, and an onsite job fair. The store will operate Monday-Saturday (9am-9pm) and Sunday (10am-6pm).

This expansion brings Verano's total operations to 154 dispensaries across 13 states, supported by 15 cultivation facilities with over 1.1 million square feet of cultivation capacity. The company is also demonstrating community engagement through support of local organizations including the Windham Covenant Soup Kitchen and Windham Area Interfaith Ministry.