Tag: verano

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

Verano Q3 Revenue Increases 4% to $207 Million

Verano Announces Third Quarter 2021 Financial Results Company reports topline sequential growth and industry-leading EBITDA while expanding national footprint1 to over 1,000,000 square feet of active cultivation and 89...
- November 16th, 2021 at 7:39 am

Verano Borrows $120 Million at 8.5%

Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash...
- October 20th, 2021 at 8:53 am