Welcome to our dedicated page for Verano Hldgs news (Ticker: VRNOF), a resource for investors and traders seeking the latest updates and insights on Verano Hldgs stock.
Verano Holdings Corp. (VRNOF) is a vertically integrated, multi-state cannabis operator whose news flow reflects its activities across cultivation, production, retail and corporate finance. The company regularly issues updates describing itself as one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, with active operations in 13 states and a network of dispensaries and production facilities.
On this news page, readers can follow Verano’s announcements about new product launches, partnerships and retail expansions. Recent releases have highlighted exclusive partnerships with brands such as Raw Garden, bringing live resin terpene cartridges and all-in-one vapes to New Jersey, and Flower by Edie Parker, whose cannabis products and accessories are being introduced across MÜV dispensaries in Florida. Verano also publicizes its own product initiatives, including the HYPHEN all-in-one pod system that expands its vape portfolio in several large cannabis markets.
Investors and observers can also track Verano’s corporate developments and financial communications. The company issues earnings press releases prepared in accordance with U.S. GAAP, discusses non-U.S. GAAP measures like Adjusted EBITDA, and provides commentary on operational performance. It has reported on the opening of new Zen Leaf and MÜV locations, such as Zen Leaf Antwerp in Ohio, and on its evolving capital structure, including a revolving credit facility with Chicago Atlantic Admin, LLC and subsequent amendments.
Verano’s news archive further documents governance and legal milestones, such as the shareholder-approved plan of arrangement to redomicile from British Columbia to Nevada and related special meeting information. By reviewing these updates, readers can see how Verano manages its multi-state footprint, brand portfolio and financing activities within the regulated U.S. cannabis industry.
Verano Holdings Corp. (OTCQX: VRNOF) announced the opening of MÜV Crystal River on September 19, marking its 82nd MÜV location in Florida and expanding its nationwide presence to 158 dispensaries. The new dispensary, located at 941 NE US Hwy 19, represents Verano's first entry into Florida's Citrus County, a region with over 150,000 residents.
The Company recently introduced new products in Florida, including Savvy 10-pack barrel-style pre-rolls and Avexia's award-winning topicals. Verano's operations now span 13 U.S. states, with 15 cultivation and processing facilities covering over 1.1 million square feet of cultivation capacity.
Verano Holdings Corp. (VRNOF), a leading multi-state cannabis company, has announced plans to redomicile from British Columbia, Canada to Nevada, USA. The company's Board of Directors has approved this strategic move, which requires shareholder approval through a special meeting.
Under the proposed plan, existing subordinate voting shares will be exchanged on a one-for-one basis for Nevada Common Stock. The company will maintain its trading symbols "VRNO" on Cboe Canada and "VRNOF" on OTCQX. This redomiciling will not materially impact Verano's operations across 13 U.S. states, including its Chicago headquarters.
The company operates 15 production facilities with over 1.1 million square feet of cultivation capacity under various brands including Zen Leaf™, MÜV™, Verano™, and others.
Verano Holdings (OTCQX: VRNOF) announced the resignation of Company President Darren Weiss, who will pursue business opportunities in the cannabis industry outside North America. Weiss, who joined Verano in 2017, served in multiple leadership roles including General Counsel, Chief Legal Officer, Chief Operating Officer, and President.
While departing his executive role, Weiss will continue his relationship with Verano as a consultant, focusing on business development outside North America. The company will maintain a right of first refusal on business opportunities that Weiss may initiate, source, or participate in internationally.
Verano Holdings Corp. (OTCQX: VRNOF) reported its Q2 2025 financial results, showing mixed performance with revenue declining but improved operational efficiency. The company generated $202.3 million in revenue, down from $222.4 million in Q2 2024, with a gross profit of $113 million (56% margin).
The quarter saw a net loss of $19.2 million, an improvement from the $21.8 million loss in Q2 2024. Adjusted EBITDA reached $66.2 million (33% of revenue), while operating cash flow improved to $11 million. The company expanded its retail presence with new dispensaries in Florida and Connecticut, maintaining operations across 13 states with 157 dispensaries and 15 production facilities.
Verano Holdings (OTCQX: VRNOF) has promoted James Leventis to the position of Chief Strategy and Compliance Officer, effective July 1, 2025. Leventis, who joined Verano in 2019, will oversee the company's regulatory, licensing, compliance, and government affairs activities across its national operations.
A licensed attorney with nearly 15 years of experience in healthcare, pharmaceutical, consulting, and cannabis sectors, Leventis previously served as Executive Vice President of Legal, Regulatory and Government Affairs. He has been instrumental in Verano's transformation from a single-state operator to one of the largest publicly traded cannabis companies.
Leventis is actively involved in cannabis reform advocacy and serves on several industry boards including the United States Cannabis Roundtable and the American Trade Association of Cannabis and Hemp.
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.
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