FAQs
Verano Holdings Corp (Verano) is a vertically integrated cannabis company that operates in multiple states in the US. It owns licenses and permits for the cultivation, production, and supply of adult-use and medicinal cannabis, sold through retail facilities or wholesale distributors.
What does Verano Holdings own? ›
About the Company
He established the company on the precipice of the boom of the cannabis industry in the U.S. It is home to four signature family brands, including Verano, Avexia Medical Cannabis, Encore Edibles, and Muv. Verano Holdings also owns the retail dispensary Zen Leaf.
Is Verano Holdings a good buy? ›
Broker Rating. Verano Holdings Corp. currently has an average brokerage recommendation (ABR) of 1.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
How big is Verano Holdings? ›
Verano's active operations span 13 U.S. states, comprised of 13 production facilities with over 1,000,000 square feet of cultivation capacity. Learn more at www.verano.com.
Who is the owner of Verano? ›
George Archos is the Founder, Chairman and Chief Executive Officer of Verano. He entered the cannabis industry in 2014 when he was the first in Illinois to receive authorization to grow medical cannabis out of 21 recipients of the state's coveted medical licenses.
What is the Verano Holdings controversy? ›
Claim-counterclaim
In its counterclaim, Verano maintained that its acquisition target breached the companies' “arrangement agreement” by omitting crucial information in company documents, misleading shareholders and refusing to obtain an updated fairness opinion of the terms of the agreement.
Is Verano a good company? ›
Employees rate Verano Holdings 2.3 out of 5 stars based on 127 anonymous reviews on Glassdoor.
What is the outlook for Verano Holdings? ›
The average price target for Verano Holdings is $8.35. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $10.00 ,the lowest forecast is $7.00. The average price target represents 112.47% Increase from the current price of $3.93.
Is Verano Holdings a public company? ›
Verano became a publicly traded company through a reverse takeover (RTO) on February 17, 2021.
What is the PE ratio of Verano Holdings? ›
P/E ratio as of July 2024 (TTM): -4.71
According to Verano Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.70588. At the end of 2022 the company had a P/E ratio of -3.85.
Gross profit for full year 2023 was $475 million or 51% of revenue, up from $423 million or 48% of revenue for full year 2022. The increase in gross profit for full year 2023 compared to full year 2022 was driven primarily by increased vertical mix and revenue growth.
How many locations does Verano Holdings have? ›
Where are Verano's operations located? Verano is headquartered in Chicago and operates more than 120 dispensaries and 14 cultivation and processing facilities across 13 states.
Does Verano own savvy? ›
Overview. Savvy is an economically accessible cannabis brand launched by Verano, providing raw-cut flower products and vapes in larger quantities for greater savings.
What brands does Verano own? ›
About Verano Holdings
He established the company on the precipice of the boom of the cannabis industry in the U.S. It is home to four signature family brands, including Verano, Avexia Medical Cannabis, Encore Edibles, and Muv. Verano Holdings also owns the retail dispensary Zen Leaf.
What does Verano Holdings do? ›
Verano Holdings Corp (Verano) is a vertically integrated cannabis company that operates in multiple states in the US. It owns licenses and permits for the cultivation, production, and supply of adult-use and medicinal cannabis, sold through retail facilities or wholesale distributors.
Is Verano organic? ›
We ensure each Verano plant is organic, local, and exceptionally effective—every time.
What brands are owned by Curaleaf? ›
As a vertically integrated, high-growth cannabis operator known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select and Grassroots, provide industry-leading services, product selection and accessibility across the medical and adult-use markets.
What brands does Green Thumb Industries own? ›
Its brands include Rythm, Dogwalkers, incredibles, Beboe, Dr. Solomon's, and The Feel Collection. From pre-rolls to edibles, essential oils to CBD therapies, Green Thumb provides a wide variety of cannabis products with high-quality benefits. Green Thumb has 13 manufacturing facilities and 97 licenses for re...
What does Tilray brands own? ›
Tilray Brands already owns other craft breweries including Alpine Beer, Green Flash Brewing, Montauk Brewing and SweetWater Brewing. Even as it diversifies, Tilray aims to become a leader in the U.S. adult-use cannabis market if it gets legalized on the federal level.
Who owns Green Goods dispensary? ›
Our founder, Kyle Kingsley, MD, is a board-certified emergency medicine physician, serial entrepreneur, and inventor. He was inspired to launch Green Goods' parent company, Vireo Health, after encountering numerous patients who successfully used cannabis to effectively alleviate their pain and suffering.
