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OTCMKTS:VRNOF

Verano 11/7/2024 Earnings Report

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$1.16 +0.04 (+3.21%)
As of 03:59 PM Eastern

Verano EPS Results

Actual EPS
-$0.12
Consensus EPS
-$0.03
Beat/Miss
Missed by -$0.09
One Year Ago EPS
N/A

Verano Revenue Results

Actual Revenue
$216.68 million
Expected Revenue
$226.64 million
Beat/Miss
Missed by -$9.96 million
YoY Revenue Growth
N/A

Verano Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Upcoming Earnings

Verano's next earnings date is estimated for Thursday, November 6, 2025, based on past reporting schedules.

Conference Call Resources

Verano Earnings Headlines

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Verano Holdings Plans Redomicile to Nevada, USA
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About Verano

Verano (OTCMKTS:VRNOF) Holdings Inc. (OTCMKTS: VRNOF) is a vertically integrated cannabis company engaged in cultivation, processing and retail operations across the United States. The company focuses on both medical and adult‐use markets, operating high‐quality cultivation facilities and dispensaries under several retail brands. Through its cultivation network, Verano produces flower, pre‐rolls, concentrates, vape cartridges, edibles and topicals, aiming to serve a wide range of consumer preferences and therapeutic applications.

Verano’s retail footprint extends across multiple states and territories, including Florida, Illinois, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Ohio, Maryland, Iowa, Missouri, Nevada and Puerto Rico. The company’s dispensaries operate under brand names such as Zen Leaf, MÜV, Rise and Essence, each tailored to local markets with design, product offerings and consumer experiences that reflect regional regulatory requirements and cultural preferences.

The company’s product portfolio encompasses a variety of branded offerings, including in‐house cultivars and partnerships with third‐party brands. Verano emphasizes quality control and compliance, with in‐house laboratories testing for potency and contaminants at each stage of production. In addition to standard flower and concentrates, the company has launched proprietary brands and exclusive product lines to differentiate its retail locations and wholesale channels.

Founded in 2018 through the merger of several regional operators, Verano is headquartered in Chicago, Illinois. The company is led by CEO George Archos, who has guided its expansion from a few local outlets to a multi‐state operator. Verano’s management team comprises executives with backgrounds in consumer packaged goods, pharmaceutical manufacturing and retail operations, reflecting the company’s dual emphasis on product quality and customer experience.

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