{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007760","form_type":"8-K","ticker":"VRNO","cik":"0001848416","company_name":"Verano Holdings Corp.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.987940+00:00","generated_at":"2026-06-05T07:20:56.854144+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Verano reports record FY2023 revenue $938M (+7% YoY); guides Q1 2024 revenue down 5-7%","bullets":["Full year 2023 revenue $938.5M (+7% YoY); net loss $(112.7)M improved from $(269.2)M.","Q4 2023 revenue $237.2M (+5% YoY, -1% QoQ); Adjusted EBITDA $73.4M (31% margin).","FY2023 net cash from ops $110M (+16% YoY); free cash flow $73M vs. $(25)M in 2022.","Q1 2024 revenue guidance: 5-7% decline YoY due to NJ dispensary count normalization.","Operations in 13 states: 138 dispensaries, 14 production facilities; cash $175M, debt $446M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007760","json":"https://secwatch.observer/filing/0001628280-24-007760.json","markdown":"https://secwatch.observer/filing/0001628280-24-007760.md","text":"https://secwatch.observer/filing/0001628280-24-007760.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1848416/000162828024007760/0001628280-24-007760-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1848416/000162828024007760/vrnof-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:20:56.854144+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"87ef0907d3ef2097097a9bf042d2590c47035ab2","claim":"Verano Holdings Corp. updated its the fourth quarter and full year ended December 31, 2023 guidance (initiated).","evidence_excerpt":"Verano Holdings Corp. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848416/000162828024007760/0001628280-24-007760-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}