Tag: verano

Verano Holdings Q1 Sales Grow 1% Sequentially

Verano Announces First Quarter 2023 Financial Results Company Capitalizes on Strength of Recently-Converted Adult Use Markets to Deliver Revenue of $227 Million, a 12% Year-Over-Year Increase CHICAGO, May 10, 2023...
- May 10th, 2023 at 7:30 am

Illinois Cannabis Sales Lift Slightly During March

After surging to end the year and then falling in January and February, Illinois adult-use cannabis sales rose 11.9% sequentially in March to $134.8 million, which was up 1.0%...
- April 5th, 2023 at 2:21 pm

Verano Holdings Q4 Revenue Falls 1% Sequentially

Verano Reports Fourth Quarter and Full Year 2022 Financial Results Company Delivers Record Revenue of $879 Million, a 19% Year-Over-Year Increase CHICAGO, March 30, 2023 (GLOBE NEWSWIRE) — Verano...
- March 30th, 2023 at 7:37 am

Cannabis Earnings Season Has Been Challenging

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and...
- March 23rd, 2023 at 8:18 am

Illinois Adult-Use Cannabis Sales Slow to Begin 2023

After surging to end the year, Illinois adult-use cannabis sales have slowed in 2023, falling 11.1% sequentially in January and then 5.8% in February. Sales of $120.5 million were...
- March 2nd, 2023 at 3:11 pm

Illinois Cannabis Sales Surge in December

Illinois adult-use cannabis sales of $143.9 million in December, with one more day than November, increased 10.3% sequentially and increased 4.4% from a year ago: 2021 adult-use sales of $1.38 billion...
- January 7th, 2023 at 9:52 am

Illinois Cannabis Sales Decrease Slightly in November

Illinois adult-use cannabis sales of $130.5 million in November, with one less day than October, decreased 0.8% sequentially and increased 8.1% from a year ago: 2021 adult-use sales of $1.38 billion...
- December 14th, 2022 at 2:37 pm

Illinois Cannabis Sales Increase Slightly in October

Illinois adult-use cannabis sales of $131.5 million in October increased 0.7% sequentially and 6.6% from a year ago: 2021 adult-use sales of $1.38 billion increased 106% over 2020 in Illinois,...
- November 3rd, 2022 at 7:45 am

Verano Refinances $350 Million Credit Facility

Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating...
- October 27th, 2022 at 8:53 am

The Worst Way to Invest in Cannabis

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- October 16th, 2022 at 6:35 pm

Verano Ditches Deal to Buy Goodness Growth

Verano Announces Termination of Arrangement Agreement to Acquire Goodness Growth Holdings Inc. CHICAGO, Oct. 14, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the...
- October 14th, 2022 at 7:22 am

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