{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-021327","form_type":"8-K","ticker":"VRNO","cik":"0001848416","company_name":"Verano Holdings Corp.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.775554+00:00","generated_at":"2026-06-02T13:07:50.969988+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Verano Q1 revenue $221M falls 3% YoY; net loss narrows to $5M","bullets":["Revenue $221M, down 3% YoY and 7% sequentially, exceeding guidance.","Gross profit $113M (51% of revenue), up from 48% in Q1 2023.","Net loss $5M vs $9M in Q1 2023; Adjusted EBITDA $67M (30% of revenue).","SG&A $90M (41% of revenue), up from 33% a year ago on store openings.","Q2 2024 guidance: flat to low single-digit revenue growth; prepaid $50M debt after quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-021327","json":"https://secwatch.observer/filing/0001628280-24-021327.json","markdown":"https://secwatch.observer/filing/0001628280-24-021327.md","text":"https://secwatch.observer/filing/0001628280-24-021327.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1848416/000162828024021327/0001628280-24-021327-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1848416/000162828024021327/vrnof-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T13:07:50.969988+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":"8136b2f04443a222631eca4124b3d639c5887e87","claim":"Verano Holdings Corp. reported the first quarter ended March 31, 2024 results: revenue $221 million, net income $(5) million.","evidence_excerpt":"document filed under the Securities Act of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- Verano Announces First Quarter 2024 Financial Results Generated $221 Million in Revenue, Exceeding Guidance Increased Gross Profit Margin by Nearly 300 Basis Points Year Over Year CHICAGO, May 8, 2024 (GLOBE NEWSWIRE) – Verano Holdings Corp. (Cboe CA:","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848416/000162828024021327/0001628280-24-021327-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$221 million"},{"label":"Net income","value":"$(5) million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}