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Verano Holdings Corp. (VRNOF)

OTC Healthcare Drug Manufacturers - Specialty & Generic
$1.30 ▲ +8.33%
Market Cap
$470.4M
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Beta
1.67
52-Wk Range
0.41-1.85
CEO
George P. Archos
Country
US
Currency
USD

Verano Holdings Corp. operates in the Drug Manufacturers - Specialty & Generic industry of the Healthcare sector, headquartered in Chicago, IL, US. The stock last traded at $1.30, up 8.33% on the session, giving a market capitalisation of $470.4M. On trailing twelve-month figures it carries a trailing P/E of -2.03, a net margin of -36.6%. Its beta of 1.67 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-2.03
Price / Sales
0.70
Price / Book
0.60
EV / EBITDA
-5.53
Gross margin
47.0%
Operating margin
-19.6%
Net margin
-36.6%
Return on equity
Debt / equity
0.14
Current ratio
0.78
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
3,800
IPO date
2021-02-18
Headquarters
Chicago, IL, US
About Verano Holdings Corp.

Verano Holdings Corp. functions as a comprehensive, multi-state cannabis enterprise based in the United States. Its operations cover the entire cannabis supply chain, from cultivation and processing to wholesale and retail distribution. The company maintains a presence in numerous states, including Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. Verano offers a range of artisanal cannabis products under brands such as Encore, Avexia, MUV, and Verano, catering to both medical and adult-use markets. As of May 10, 2022, it managed 96 retail dispensaries and 13 cultivation and processing facilities. The corporate headquarters are located in Chicago, Illinois.

Comparable companies

Verano Holdings Corp. is most often compared with the following Healthcare names:

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