

Verano Holdings Corp. (VRNO:CA) Q3 2026 Earnings Call Transcript

Zen Leaf Ephrata, the Company's newest affiliated dispensary in Pennsylvania, relocated from its former home in Wynnewood to 848 E Main St in Ephrata As the first medical cannabis dispensary in the borough, Zen Leaf Ephrata will offer Lancaster Country area patients increased convenience and accessibility, including the option to shop and browse in-store or through advanced ordering online Verano's active operations span 13 states, comprised of 163 dispensaries and 14 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity CHICAGO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the grand opening of Zen Leaf Ephrata in Pennsylvania on Friday, October 30th, following a ceremonial ribbon cutting with leaders from the North Lancaster Chamber of Commerce at 9 a.m. local time.

Company generates revenue increase of $10 million, or 5%, and highest level of cash flow from operations in four years CHICAGO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the third quarter ended September 30, 2026, which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”). Third Quarter 2026 Financial Highlights For the Three Months Ended, For the Nine Months Ended, ($ in thousands) September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 Revenues, net of Discounts $ 212,443 $ 202,810 $ 638,539 $ 614,891 Gross Profit 100,038 95,237 298,713 307,802 Income from Operations 11,908 9,277 28,150 50,490 Net Loss Attributable to Verano Holdings Corp. & Subsidiaries (4,065 ) (43,832 ) (35,299 ) (74,497 ) Adjusted EBITDA1 50,353 53,109 150,588 173,660 Third Quarter 2026 Financial Highlights Revenues, net of discounts, of $212 million, an increase of 5% versus the third quarter 2025.

CHICAGO, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that it plans to release financial results for the third quarter ending on September 30, 2026, before the market opens on Thursday, October 29, 2026.

CHICAGO, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will attend the following conference: ATB Cormark Cannabis Institutional Investor Conference 2026 Verano management will participate in investor meetings.

The marijuana stock sector continues to attract attention as investors look toward the remainder of 2026. Cannabis companies have experienced significant volatility throughout recent years. However, several developments could create new opportunities for marijuana stocks heading into the final months of the year.

Leveraging consumer trends favoring alternative and macrodose cannabis products, THC drinks and alcohol-free options, Easy Landings 100 mg single serve beverages feature four delicious flavors with all natural, vegan and gluten free ingredients designed for sipping straight or mixing into the beverage of your choice CHICAGO, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the launch of Easy Landings, the Company's first dedicated beverage brand. Easy Landings will initially be available for purchase starting August 21 at Verano's Zen Leaf dispensaries and third-party partners in four core Verano markets - Arizona, Illinois, Nevada, followed by New Jersey on August 28 - with plans to scale across additional states in 2026 and beyond.

Limited-license states often favor established cannabis operators. Scale and positive cash flow create lasting competitive advantages.