Verano

"We're encouraged by the President’s comments regarding de-scheduling cannabis & pardoning individuals with minor possession offenses, which add momentum towards ending cannabis prohibition & the failed War on Drugs. We will remain engaged as we monitor further exciting developments that support federal legalization of cannabis nationwide." - George Archos, Founder & CEO https://nyti.ms/3Cm3sxk

Cannabis is on the ballot this November, and every day until then looks like this down in Florida. 👇 Love seeing our team spread the good word. To learn more, or get involved, visit: https://bit.ly/4dD2KMQ

Infused multi-course dinner ✅ Dab bar ✅ Live music ✅ A community of cabbage lovers ✅ Shoutout to our #Illinois Members for making this one for the books. 🙌 Want to join us next time? Explore memberships at bit.ly/3VyMSFD

“Leveraging our extensive M&A history and experience, we are actively integrating these facilities into our network, and will build on our legacy as a top-tier medical operator in preparation for potential adult use in Virginia. Additionally, expanding our Arizona operations allows us to further scale our retail footprint and broaden access to our award-winning brand portfolio with increased cultivation capacity and high-performing dispensaries in attractive locations in Prescott and Tempe. We are thankful for the Cannabist team’s partnership, and thrilled to welcome new colleagues in Virginia and Arizona as we turn the page on an exciting new chapter for Verano.” - George Archos, Verano CEO & Chairman Read more: https://bit.ly/4fOdQ3P

“Our second quarter performance was strong, highlighted by proactive measures we executed to further bolster the business, including authorization of a share repurchase program, capex investments, and subsequent to quarter end, strategic M&A that upon closure, will grant us vertical access to the Virginia market ahead of adult use. Looking ahead, we are prepared to leverage near-term catalysts including this week’s launch of Ohio adult use sales, positive polling trends in Florida showing strengthening support of Amendment 3, ongoing adult use discussions in Pennsylvania, and continued rescheduling momentum at the federal level. Adding Virginia to our portfolio and deepening our robust Arizona business also provides additional growth opportunities regardless of federal rescheduling timing and progress. We remain excited and confident in Verano’s ability to continue driving long-term, sustainable growth throughout 2024 and beyond.” - George Archos, Verano Founder & CEO Join us for full first quarter results today at 7:30AM CT: https://bit.ly/3WRLAWu

It's a great time to be from the #Buckeye state. 🌿 Starting today, adult use consumers can shop Verano fan favorites like the Essence, Savvy, Bits, Encore and Avexia in 80+ partner locations across the state: https://bit.ly/4d9Xjp6

We're off the the races, Ohio! 📍 Make your first adult-use visit to any of our five Zen Leaf locations. https://bit.ly/3WQC2uS

“Today marks a significant step forward for #Ohio, and the nation at large, as we celebrate the end of cannabis prohibition and turn the page on a new chapter that will deliver countless benefits for the Buckeye State in the form of job creation, economic development, investment, state and local revenue, and social progress. We’re honored to participate in this historic milestone, and proud to stand alongside Ohioans as we make history together.” - George Archos, Verano Founder & CEO Read more: https://bit.ly/3YsblxL

We're excited to see #Florida State Senator Joe Gruters say Yes to Amendment 3 and voice his support in favor of bringing safe, legal cannabis products to Florida adults while delivering jobs, economic development and revenue to the state and local communities. With recent polls suggesting 64% of Floridians intend to vote in favor of adult use cannabis, we're encouraged to have another prominent endorsement to help bring home a win this November.

“Today’s agreement further diversifies Verano’s portfolio, which, since the company’s inception, has remained focused on expanding our business into limited-license markets to scale both our wholesale and retail operations.” This opportunity greatly increases Verano’s growth trajectory as we gain access to the coveted market of #Virginia ahead of an adult use program and deepens our footprint in Arizona. With Virginia, we will be in a prime position to once again take advantage of the extraordinary growth that is expected to come with an adult use program launch.” - George Archos, Verano Chairman & CEO Read more on today's news: https://bit.ly/3YobqCE