secwatch.observer — SEC 8-K summary
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Issuer:     Verano Holdings Corp. (VRNO)
CIK:        0001848416
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001628280-26-028573
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verano Q1 revenue $208M, net loss widens to $18M; announces $20M buyback
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- Revenue $208M, +1% QoQ, -1% YoY; gross profit margin 48%.
- Net loss $18M vs $12M loss YoY; Adjusted EBITDA $49M (24% of revenue).
- Operating cash flow $19M, up from $2M YoY.
- Board authorized up to $20M share repurchase (18.2M shares) over 12 months.
- Closed $195M term loan to repay 2022 credit facility; upsized revolver to $100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1848416/000162828026028573/0001628280-26-028573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1848416/000162828026028573/vrnof-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028573

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer