{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-017007","form_type":"8-K","ticker":"VRNO","cik":"0001848416","company_name":"Verano Holdings Corp.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.525402+00:00","generated_at":"2026-05-15T13:50:50.098640+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Verano Q4 rev $207M, net loss $183M; closes $195M credit facility at 9.5%","bullets":["Q4 2025 revenue $207M (+2% QoQ, -5% YoY); Adj. EBITDA $56M (27% margin).","Full year 2025 revenue $822M (-6% YoY); net loss $258M; Adj. EBITDA $229M.","Closed $195M senior secured term loan with Needham Bank at 9.5% floating rate, maturing 2029.","Drew $50M from revolver to repay 2022 facility; year-end total debt net $400M.","2026 capex guidance $30-50M; highlights include Texas conditional license and Vireo settlement."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-017007","json":"https://secwatch.observer/filing/0001628280-26-017007.json","markdown":"https://secwatch.observer/filing/0001628280-26-017007.md","text":"https://secwatch.observer/filing/0001628280-26-017007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1848416/000162828026017007/0001628280-26-017007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1848416/000162828026017007/vrnof-20260312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:50:50.098640+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}