---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-029672"
form_type: "8-K"
ticker: "VRNO"
cik: "0001848416"
company_name: "Verano Holdings Corp."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:29:55.336184+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-029672
- form_type: 8-K
- ticker: VRNO
- cik: 0001848416
- company_name: Verano Holdings Corp.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848416/000149315224029672/0001493152-24-029672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848416/000149315224029672/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-029672
- JSON: https://secwatch.observer/filing/0001493152-24-029672.json
- Plain text: https://secwatch.observer/filing/0001493152-24-029672.txt

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