---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-035348"
form_type: "8-K"
ticker: "VRNO"
cik: "0001848416"
company_name: "Verano Holdings Corp."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:53:41.221693+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Verano Q2 revenue $222M (-5% YoY), net loss widens to $22M; enters Virginia M&A and Ohio adult-use launch

## Summary
- Revenue $222M, down 5% YoY; up 0.5% sequentially, meeting guidance.
- Net loss $21.8M vs $13.1M loss last year, driven by non-cash loss on $50M debt prepayment.
- Adjusted EBITDA $70.6M (32% revenue), down from $71.5M prior year.
- Agreed to acquire The Cannabist Company's Eastern Virginia and Arizona operations post-quarter.
- Ohio adult-use sales began Aug 6; no FY2024 guidance due to pending M&A timing.

## SEC filing metadata
- accession: 0001628280-24-035348
- form_type: 8-K
- ticker: VRNO
- cik: 0001848416
- company_name: Verano Holdings Corp.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848416/000162828024035348/0001628280-24-035348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848416/000162828024035348/vrnof-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-035348
- JSON: https://secwatch.observer/filing/0001628280-24-035348.json
- Plain text: https://secwatch.observer/filing/0001628280-24-035348.txt

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