secwatch.observer — SEC 8-K summary
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Issuer:     Verano Holdings Corp. (VRNO)
CIK:        0001848416
Form:       8-K
Filed at:   2026-08-05T11:13:38+00:00
Accession:  0001628280-26-052918
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verano Q2 revenue $218M (+8% YoY), net loss narrows to $13M, adj. EBITDA $51M
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- Revenue $218M, up 5% QoQ and 8% YoY; gross profit $100M (46% of revenue).
- Net loss $(13)M improved from $(19)M in Q2 2025; adjusted EBITDA $51M (24% of revenue).
- Operating cash flow $31M, up from $11M in Q2 2025; capex guidance tightened to $40-50M for 2026.
- Cash $85M, total debt $393M; working capital $295M; 163 dispensaries across 13 states.
- Completed 1-for-5 reverse stock split; $20M stock repurchase authorization announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1848416/000162828026052918/0001628280-26-052918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1848416/000162828026052918/vrnof-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-052918

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