Tag: verano

Verano Q4 Revenue Increases 2% Sequentially to $211 Million

Company delivers record 2021 U.S. GAAP and proforma revenue1 of $738 million and $760 million, respectively 2021 Adjusted EBITDA2 margin of 44% — in line with Company guidance Financial results presented in U.S. GAAP CHICAGO, April 27, 2022 (GLOBE NEWSWIRE) — Verano Holdings...
- April 27th, 2022 at 7:49 am

Illinois Cannabis Sales Increase 14.6% Sequentially in March

After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
- April 5th, 2022 at 3:28 pm

American Cannabis Operator Index Declines 4% in March

After breaking a string of eleven consecutive monthly declines in February, the American Cannabis Operator Index fell 4.2% in March to 38.99: The index, which fell 23.4% in Q4, has declined...
- April 1st, 2022 at 8:38 am

Illinois Cannabis Sales Climb 29% in February

After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
- March 9th, 2022 at 1:40 pm

Verano to Buy Goodness Growth for $413 Million in Stock

Verano to Enter Coveted New York, Minnesota and New Mexico Markets with Proposed Acquisition of Goodness Growth Holdings Proposed acquisition expected to further national geographic expansion by adding New...
- February 1st, 2022 at 7:45 am

What’s New With Cannabis Stocks for the Week Ending 11/26/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Germany’s leadership coalition confirmed its intent...
- November 26th, 2021 at 1:45 pm

What’s New With Cannabis Stocks for the Week Ending 11/19/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Representative Mace unveiled her cannabis legalization...
- November 19th, 2021 at 5:07 pm