RE:Perspective Verano looks really really cheap. I have been long and wrong for a while and its frustrating to see the good US companies like this decline EVERY DAY! Just look at MSOS.
Some legit reasons seem to be:
1. JP Morgan compliance apparently told all institutions owning Cannabis names to get rid of them, or change prime brokers, That has caused a lot of selling, switching etc.
2. Tax loss selling. Lot of investors have big gains in Tech, Shitcoins, Energy, etc and are selling Weed to crystallize losses.
3. No real news out of the US regarding any nationwide legalization. Progress is still happening at the state level and is slow.
4. Weed dropped off the Radar for the MEME crowd who are more focused on high flying stuff like Tesla and Crypto.
My 2 cents....