6.61
-5.44%
Close of 9 Nov 2026, in CAD
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About Verano Holdings
Its shares trade on NEO under the ticker VRNO.NE. It has been listed since 17 February 2021. In the fiscal year to 31 December 2025, it reported revenue of $821.5m and a net loss of $257.9m. At that date it held total assets of $1.74bn and shareholders' equity of $702.4m.
Verano Holdings Corp. engages in the business of of licensed cannabis cultivation, processing, wholesale distribution and retail facilities. The company is headquartered in Chicago, Illinois. The company went IPO on 2021-02-17. The firm is engaged in the improvement of communal wellness by providing access to regulated cannabis products. The firm produces a comprehensive suite of cannabis products sold under its portfolio of consumer brands, including Verano, MUV, Savvy, BITS, Encore, and Avexia. The firm's portfolio encompasses approximately 13 states, including 125 retail dispensaries and 14 cultivation and processing facilities with over 1,000,000 square feet of cultivation. The company also designs, builds, and operates dispensaries under retail brands, including Zen Leaf and MUV dispensaries that deliver a cannabis shopping experience in both the medical and adult-use markets. Its Verano product line offers a curated collection of cannabis strains, pre-rolls, vapes, and extracts, including Tire Fire Swift Lifts, Grape Bubble Gum Flower, and Sunshine OG Live Resin Cart.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Health Care
- Industry
- Pharmaceuticals
- Listed since
- 17 Feb 2021
- Website
- verano.com ↗
Leadership
Pay as last reported
- Mr. George ArchosChairman of the Board, Chief Executive Officer, since 2021$1.7m
- Mr. Richard TarapchakChief Financial Officer
- Mr. John TiptonPresident, Southern Region, Director, since 2021$1.6m
- Mr. Trip McdermottChief Operating Officer
- Ms. Destiny ThompsonChief People Officer
- Mr. Aaron MilesChief Investment Officer
- Mr. David SpreckmanChief Marketing Officer
- Mr. James LeventisChief Strategy & Compliance Officer
- Mr. Josh HeineVice President, Corporate Controller
- Ms. Laura KalesnikChief Legal Officer, General Counsel, Secretary$1.5m
- Mr. Lawrence HirshIndependent Director$184,990
- Mr. Charles MuellerIndependent Director$174,990
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Verano Holdings Corp. operates 125 retail dispensaries across 13 states.
- Verano produces over 1,000,000 square feet of cultivation facilities.
- Verano offers a comprehensive suite of cannabis products under brands like Verano and MUV.
Weaknesses
- Verano's business is limited to the cannabis sector in the US market.
- Verano's operations are concentrated in 13 states with no international presence.
- Verano's IPO was on 17 February 2021, which may limit long-term growth.
Opportunities
- Verano can expand its product line within the 13 states it serves.
- Verano can leverage its 125 retail dispensaries for increased market share.
- Verano can grow its cultivation facilities beyond 1,000,000 square feet.
Threats
- Verano faces regulatory risks in the US cannabis market.
- Verano's business is vulnerable to changes in US cannabis laws.
- Verano's operations could be affected by competition in the cannabis sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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