Verano Holdings Corp N.VRNO

Alternate Symbol(s): VRNOF

Healthcare

Verano Holdings Corp. is a vertically integrated, multi-state cannabis operator in the United States (U.S.). The Company is focused on the development of communal wellness by providing responsible access to regulated medical and adult-use cannabis products to customers. It produces a comprehensive suite of regulated cannabis products sold under its diverse portfolio of consumer brands, including Verano, (the) Essence, MUV, Savvy, BITS, Encore, and Avexia. The Company’s operations span 14 U.S. states, comprised of about 15 production facilities with over 1,100,000 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.

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Verano Holdings Corp

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Post by retiredcfon Nov 17, 2021 7:56am

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Post# 34135143

Mixed Reactions

But still miles ahead of our current SP. GLTA

Canaccord’s Matt Bottomley cut his target for shares of Verano Holdings Corp. , a Chicago-based cannabis company, to $30 from $35 with a “buy” recommendation, while BTIG analyst Camilo Lyon raised his target to $48 from $45 with a “buy” rating. The average is $39.39.

“We believe VRNO is well positioned in its existing 15-statefootprint with several organic expansion projects underway and as it integrates various acquisitions all the while maintaining industry-leading high 40s+ adj. EBITDA margins,” said Mr. Lyon.

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