Highest-materiality recent filing
CEO Archos receives $2.5M bonus, 2.5M RSUs, cancels agreement, salary raised to $650k
$2,500,000 cash bonus and 2,500,000 RSUs immediately vested into common stock.
1-for-5 reverse stock split effective June 11, 2026; outstanding shares drop from 364,381,806 to ~72,876,361.
Verano Q1 revenue $208M, net loss widens to $18M; announces $20M buyback
Revenue $208M, +1% QoQ, -1% YoY; gross profit margin 48%.
John Tipton retires as President of Southern Region, remains Board member; consulting deal signed
Retirement effective March 16, 2026; Tipton remains on Verano's Board of Directors.
Verano Q4 rev $207M, net loss $183M; closes $195M credit facility at 9.5%
Q4 2025 revenue $207M (+2% QoQ, -5% YoY); Adj. EBITDA $56M (27% margin).
Verano upsizes revolver from $75M to $100M, extends maturity to Feb 2029
RCF commitment increased by $25M to $100M; maturity extended to February 28, 2029.
Verano completes redomicile from BC to Nevada; CEO Archos adds President role
Redomiciled from British Columbia to Nevada effective Nov 3, 2025; shareholders approved Oct 27, BC Supreme Court final order Oct 30.
Verano Q3 revenue drops 6% YoY to $203M; net loss $44M, Adj EBITDA $53M
Revenue $202.8M, down from $216.7M YoY; gross profit margin 47% vs 50% a year ago.
Verano shareholders approve redomicile from British Columbia to Nevada
Shareholders voted 84.8% in favor (101.7M shares) and 15.1% against (18.1M shares) at Oct 27, 2025 special meeting.
Verano updates on postal strike affecting special meeting materials for continuance to Nevada
Special meeting to approve continuance from British Columbia to Nevada set for Oct 27, 2025 at 9:30 a.m. CDT.
Verano closes $75M revolving credit facility, draws $50M to retire higher-cost debt
$75M revolver agented by Chicago Atlantic; $50M drawn to repay existing senior secured debt with no prepayment penalty.
Verano Holdings proposes redomicile from British Columbia to Nevada, seeking shareholder approval
Board approved plan to redomicile from British Columbia to Nevada; shareholder vote required at special meeting.
Verano proposes redomicile from Canada to Nevada, one-for-one share exchange
Board approved plan to redomicile parent from British Columbia to Nevada; shareholder vote required.
Verano Q2 revenue $202M (-9% YoY), net loss $19M; President Darren Weiss resigns
Revenue $202M, down from $222M Q2'24; net loss $19M vs $22M prior year.
Shareholders voted to set board size at five directors (90,812,150 for, 636,368 against).
Verano Q1 revenue $210M, down 5% YoY; net loss widens to $12M
Revenue $210M, down 5% YoY from $221M; down 4% sequentially from $218M.
Verano CFO Brett Summerer resigns; Richard Tarapchak appointed as replacement
Brett Summerer resigned as CFO effective April 11, 2025; no disagreements cited.
Verano Q4 revenue $218M (-8% YoY); net loss $273M from impairments; FY net loss $342M
Q4 revenue $218M, down 8% YoY; full year revenue $879M, down 6% YoY.
Verano Q3 revenue $217M (-10% YoY), net loss widens to $43M, Adj. EBITDA $64M
Revenue fell 9.7% YoY to $216.7M; net loss of $42.6M vs. $17.8M loss in Q3 2023.
Filed Amended Response and Counterclaim in B.C. Supreme Court against Vireo.
Verano closes $105M acquisition of Cannabist's Virginia and Arizona assets
Total consideration for Virginia subsidiary was $90M: $20M cash, $40M in Verano shares, $30M promissory note at 7% interest.
Verano Holdings board adopts annual Say-on-Pay frequency after 97% shareholder vote
Board determined annual Say-on-Pay votes, aligning with 97% shareholder advisory vote favoring annual frequency.
Revenue $222M, down 5% YoY; up 0.5% sequentially, meeting guidance.
Verano to acquire Cannabist's Eastern Virginia and Arizona assets for $105M total
Virginia acquisition: $20M cash, $40M Verano shares, $30M promissory note (7% interest, 2-year maturity).
Verano acquires Cannabist's Virginia and Arizona operations for $105M total
Virginia ops: 1 cultivation, 6 dispensaries; $90M consideration ($20M cash, $40M shares, $30M note).
Verano shareholders elect directors, approve say-on-pay and auditor at 2024 annual meeting
Board size set at five directors with 99.43% of votes in favor.
Verano seeks full trial in Goodness Growth litigation; hearing set for Aug 27-28
Verano filed Notice of Application to dismiss Goodness Growth's summary trial request, seeking full trial on merits.
Verano Q1 revenue $221M falls 3% YoY; net loss narrows to $5M
Revenue $221M, down 3% YoY and 7% sequentially, exceeding guidance.
Verano prepays $50M of debt; releases certain borrowers and liens
Permitted Partial Optional Prepayment of $50M made on April 30, 2024 under Oct 2022 Credit Agreement.
On April 11, 2025, Richard Tarapchak was promoted and appointed as the Chief Financial Officer of the Company and its subsidiaries and was designated as the Company’s Principal Financial Officer.
On April 14, 2025, Verano Holdings Corp., a British Columbia corporation (the “ Company ”), announced that Brett Summerer resigned as Chief Financial Officer of the Company and from all officer and other positions with its subsidiaries.
Max materiality 0.85 · Median 0.65 · Most common event earnings