Tag Archive: Verano
Multistate Players Position For Growth As New Markets Come Online
Leading multistate players Curaleaf, Cresco, Verano, and Ayr Wellness continue to focus on right-sizing their businesses and deploying resources to key markets amid uneven conditions in the national cannabis industry. Continue reading →
Posted in News on August 13, 2024Verano Acquiring Cannabist Assets In Virginia And Arizona for $105 Million
Illinois-based multistate operator Verano is expanding in the Virginia and Arizona markets via two purchases from The Cannabist Co. totaling $105 million. Continue reading →
Posted in News on July 30, 2024Illinois Reaches $1 Billion in Cannabis Sales During The First Half
Illinois consumers purchased $1 billion worth of cannabis products in the first six months and one day of 2024, reaching the billion-dollar mark 10 days earlier than in 2023. Continue reading →
Posted in News on July 16, 2024U.S. District Court Dismisses Lawsuit Challenging Federal Prohibition
The U.S. District Court for the District of Massachusetts, Western Division has dismissed a challenge to federal cannabis prohibition brought by leading multistate operators and argued by the firm of prominent attorney David Boies. Continue reading →
Posted in News on July 2, 2024Cannabis Briefs for April 4, 2023
•Chicago-based Verano Holdings reported results for the quarter and year ended December 31, in which quarterly revenue slipped 1% sequentially to $225.9 million. Continue reading →
Posted in News on April 4, 2023Verano Reaches 100 Dispensaries, As Revenues Rise 12%
Multi-state cannabis operator Verano, based in Illinois, has posted sales up 12% year-on-year to $224 million for its second quarter ended in June, with adjusted EBITDA reaching $76 million, or 34% of revenue. Continue reading →
Posted in News on August 23, 2022
