---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-029400"
form_type: "8-K"
ticker: "VRNO"
cik: "0001848416"
company_name: "Verano Holdings Corp."
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:46:55.029577+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verano acquires Cannabist's Virginia and Arizona operations for $105M total

## Summary
- Virginia ops: 1 cultivation, 6 dispensaries; $90M consideration ($20M cash, $40M shares, $30M note).
- Arizona ops: 1 cultivation, 1 production, 2 dispensaries; $15M cash consideration.
- Verano becomes sole cannabis operator for Health Service Area 5 in Eastern Virginia (~2M residents).
- Post-close: Verano in 14 states with 150 dispensaries and 15 cultivation/production facilities.
- Acquisitions subject to regulatory approvals; expected to close pending conditions.

## SEC filing metadata
- accession: 0001493152-24-029400
- form_type: 8-K
- ticker: VRNO
- cik: 0001848416
- company_name: Verano Holdings Corp.
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848416/000149315224029400/0001493152-24-029400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848416/000149315224029400/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-029400
- JSON: https://secwatch.observer/filing/0001493152-24-029400.json
- Plain text: https://secwatch.observer/filing/0001493152-24-029400.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.