Verano to acquire Cannabist's Eastern Virginia and Arizona assets for $105M total

Verano Holdings Corp.

Virginia acquisition: $20M cash, $40M Verano shares, $30M promissory note (7% interest, 2-year maturity).
Arizona acquisitions: $9.9M cash for Organix; $5.1M cash for SWC.
Enters Eastern Virginia market; expands Arizona footprint.
Transactions subject to regulatory approvals; closing conditions apply.
Promissory note: monthly payments of $1.75M for first 12 months, then $750k.

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