Verano Holdings Corp.

VRNO

CA92338D1015

Drug Retailers

End-of-day quote NEO Exchange Other stock markets 23:00:00 22/05/2024 BST			5-day change	1st Jan Change
5.62 ^CAD	-13.54%		-22.48%	-4.42%

05-09	Verano Holdings Corp. Accelerates Retail Expansion in Central Florida with the Opening of MUV Haines City	CI
05-08	Transcript : Verano Holdings Corp., Q1 2024 Earnings Call, May 08, 2024

Verano Holdings Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

February 29, 2024 at 11:55 am

Verano Holdings Corp. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 237.19 million compared to USD 225.93 million a year ago. Net loss was USD 72.58 million compared to USD 216.11 million a year ago.

For the full year, the company reported sales was USD 938.45 million compared to USD 879.41 million a year ago. Net loss was USD 112.72 million compared to USD 269.16 million a year ago.

Latest news about Verano Holdings Corp.

Verano Holdings Corp. Accelerates Retail Expansion in Central Florida with the Opening of MUV Haines City	05-09	CI
Transcript : Verano Holdings Corp., Q1 2024 Earnings Call, May 08, 2024	05-08
Verano Holdings Corp. Provides Revenue Guidance for the Second Quarter 2024	05-08	CI
Verano Strengthens Connecticut Retail Footprint with the Opening of Zen Leaf Naugatuck, Third Social Equity Joint Venture Location and Fifth Dispensary Statewide	05-02	CI
Pot producers climb as recreational cannabis to go on Florida ballot	04-02	RE
Cannabis Stocks Gain Following Rumors of Imminent Rescheduling	03-15	DJ
Cannabis Shares Gain After Biden Says Marijuana Laws Should Be Loosened	03-08	DJ
Verano Holdings Corp. Reports Unaudited Consolidated Impairment Charges Results for the Fourth Quarter Ended December 31, 2023	02-29	CI
Transcript : Verano Holdings Corp., Q4 2023 Earnings Call, Feb 29, 2024	02-29
Verano Holdings Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	02-29	CI
Verano Holdings Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	02-29	CI
Verano Holdings Corp. Provides Revenue Guidance for the First Quarter of 2024	02-29	CI
Verano Holdings Corp. Expands Pennsylvania Retail Footprint with the Opening of Zen Leaf Norristown	02-15	CI
Verano Holdings Corp. Announces the Opening of Zen Leaf Abington	01-25	CI
Verano Holdings Corp. Announces Opening of M V Yulee, the Company's 74th Florida Location	01-05	CI
An unknown buyer acquired a 5.9% stake in Verano Holdings Corp. from George Archos.	12-28	CI
Verano Holdings Corp. Reimagines Essence Brand and Introduces Essence Nectar Line in Core Markets, Combining Bespoke Graphic Art and Terpene-Rich Full-Spectrum Cannabis Products	11-20	CI
Verano Holdings Corp. Opens MÜV North Miami-Biscayne	11-17	CI
Transcript : Verano Holdings Corp., Q3 2023 Earnings Call, Nov 08, 2023	11-08
Verano Holdings Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-08	CI
Verano Shares Down After Suing DOJ Over Marijuana Prohibition	27/10/23	DJ
Verano Holdings Corp. Opens Muv Satellite Beach, Elevating the Company's Retail Footprint to 72 Florida Dispensaries and 135 Locations Nationwide	27/10/23	CI
Verano Holdings Corp. Announces the Launch of Savvy Threads	25/10/23	CI
Verano Brief: Expanding Retail Footprint in Connecticut with Opening of Zen Leaf Newington, the Co's Second Social Equity JV Location in Connecticut and Fourth Dispensary Statewide	12/10/23	MT
Verano Holdings Corp. Expands Retail Footprint in Connecticut with the Opening of Zen Leaf Newington	12/10/23	CI

Chart Verano Holdings Corp.

Duration

Period

More charts

Company Profile

Verano Holdings Corp. is a vertically integrated, multi-state cannabis operator in the United States. The Company is focused on the development of communal wellness by providing responsible access to regulated medical and adult-use cannabis products to customers. The Company produces a variety of cannabis products sold under its portfolio of consumer brands, including Verano, MUV, Savvy, BITS, Encore and Avexia. It operates businesses in 13 states, including 138 retail dispensaries and 14 production facilities with over 1,000,000 square feet of cultivation capacity. It also designs, builds and operates branded retail environments, including Zen Leaf and MUV dispensaries that deliver a cannabis shopping experience in both 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.

Sector

Drug Retailers

Calendar

20/06/2024 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Verano Holdings Corp.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.102 USD

Average target price

9.517 USD

Spread / Average Target

+132.01%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cannabis Product Retailers

	1st Jan change	Capi.
VERANO HOLDINGS CORP.	-4.42%	1.41B
GREEN THUMB INDUSTRIES INC.	+5.18%	2.7B
GLASS HOUSE BRANDS INC.	+86.26%	611M
TERRASCEND CORP.	-1.36%	440M
HIGH TIDE INC.	+48.36%	181M
CANTOURAGE GROUP SE	+0.28%	95.15M
MARIMED INC.	-15.57%	84.09M
GOLD FLORA CORPORATION	+25.00%	57.52M

Cannabis Product Retailers