---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-011221"
form_type: "8-K"
ticker: "VRNO"
cik: "0001848416"
company_name: "Verano Holdings Corp."
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:55:53.947076+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# John Tipton retires as President of Southern Region, remains Board member; consulting deal signed

## Summary
- Retirement effective March 16, 2026; Tipton remains on Verano's Board of Directors.
- 12-month consulting agreement: $35,000/month cash fee plus $100,000 cash signing payment.
- 909,090 RSUs (grant-date value $1M) fully vested upon signing; prior awards of 168,971 RSUs and $603,125 cash also vested.
- Consulting covers national and Florida operations, regulations, lobbying, and business development.
- Term expires March 16, 2027, extendable by mutual agreement.

## SEC filing metadata
- accession: 0001493152-26-011221
- form_type: 8-K
- ticker: VRNO
- cik: 0001848416
- company_name: Verano Holdings Corp.
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848416/000149315226011221/0001493152-26-011221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848416/000149315226011221/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-011221
- JSON: https://secwatch.observer/filing/0001493152-26-011221.json
- Plain text: https://secwatch.observer/filing/0001493152-26-011221.txt

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