Streetbeat News

VRNOF

Verano Holdings Corp

Industry

Pharmaceutical Preparation Manufacturing

Open

1.21

Mkt cap

433M

Volume

86K

High

1.21

P/E Ratio

-2.88

52-wk high

7.08

Low

1.14

Div yield

N/A

52-wk low

1.11

Flora Growth Corp. has appointed Sammy Dorf, co-founder of Verano, as Executive Chairman to accelerate its entry into the THC-infused beverage market.

Portfolio Pulse from

December 10, 2024 | 1:45 pm

Verano Holdings' stock price has declined due to a failed ballot in Florida, presenting a potential buying opportunity. Despite mixed Q3 2024 results and increased competition, Verano's strategic investments in key markets position it for future growth. The company is undervalued compared to peers, offering a favorable entry point for long-term investors in the cannabis sector.

Portfolio Pulse from

December 03, 2024 | 10:30 pm

The article discusses strategies for identifying promising marijuana stocks, emphasizing the importance of research, trading strategies, and current industry events. It suggests that observing price drops in performing cannabis companies can be a useful indicator.

Portfolio Pulse from

November 24, 2024 | 2:15 pm

Verano Holdings Corp. has opened its fourth dispensary in New Jersey, Zen Leaf Mount Holly, increasing its total retail locations to 153 nationwide.

Portfolio Pulse from

November 15, 2024 | 11:15 am

Verano Holdings Corporation (VRNOF) held its Q3 2024 earnings conference call, discussing financial results and company performance. Key participants included company executives and analysts from various financial institutions.

Portfolio Pulse from

November 09, 2024 | 7:00 pm

Verano Holdings Corp. (VRNOF) reported a Q3 loss of $0.12 per share, missing the Zacks Consensus Estimate of a $0.03 loss. This is a significant increase in loss compared to the $0.03 per share loss from the previous year.

Portfolio Pulse from

November 07, 2024 | 4:30 pm

Verano Holdings Corp. announced its Q3 2024 financial results, prepared according to U.S. GAAP. The company is a leading multi-state cannabis operator.

Portfolio Pulse from

November 07, 2024 | 11:15 am

Verano Holdings Corp. (VRNOF) is expected to surpass earnings estimates in its upcoming report, indicating a potential positive impact on its stock price.

Portfolio Pulse from

November 06, 2024 | 4:30 pm

Florida's cannabis market is poised for significant changes with the upcoming recreational cannabis vote. The market is experiencing deflation, with sales dropping despite volume growth, and a competitive landscape is emerging. Key players like Trulieve, Verano, and AYR are expanding retail operations, while M&A activity is expected to increase. Companies like AYR and iAnthus may become acquisition targets due to financial challenges, while others like Green Thumb and Curaleaf are positioned to acquire assets. If recreational cannabis is legalized, the market could triple, offering substantial growth opportunities.

Portfolio Pulse from Nicolás Jose Rodriguez

October 26, 2024 | 6:15 pm

A federal appellate court will hear a case challenging the U.S. government's prohibition on marijuana, filed by Verano Holdings and other cannabis businesses. The case argues that federal prohibition is unconstitutional given state-regulated cannabis activities. The hearing is set for December 5.

Portfolio Pulse from Juan Spínelli

October 25, 2024 | 3:35 am

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