Verano Holdings is a Delaware-organized, privately owned, vertically integrated operator of licensed cannabis cultivation, manufacturing and retail facilities. It develops and distributes branded cannabis products (concentrates, edibles, extracts, flower and topicals) under brands including GoldLeaf, Menta, Sweet Sins, Encore Company, Avexia and verano, and operates Zen Leaf™ branded dispensaries. Management highlights roughly 150 SKUs and says it operates or manages nine profitable licensed facilities. Its footprint spans Illinois, Florida, Maryland, Nevada, Michigan, Ohio and Puerto Rico with additional states planned for 2019. Verano is pursuing aggressive national expansion, is actively seeking future financings and is considering a go-public transaction. The company is consolidating operations including a pending acquisition of 3 Boys Farms in Florida to expand its retail reach and population coverage.

Total raised

$88M

Funding rounds

1

Latest round

Series B

Latest activity

Oct 2018