Verano Holdings ( (TSE:VRNO) ) has provided an update.
Verano Holdings Corp. reported its financial results for the fourth quarter and full year of 2024, highlighting a decrease in revenue and a significant net loss compared to the previous year. Despite these challenges, the company made strategic moves by entering the Virginia market, expanding in Arizona, and launching new dispensaries and products, which are expected to support long-term growth.
More about Verano Holdings
Verano Holdings Corp. is a leading multi-state cannabis company that operates in the cannabis industry, focusing on the cultivation, production, and retail of cannabis products. The company is known for its presence in multiple states and its efforts to expand its market reach.
YTD Price Performance: -35.71%
Average Trading Volume: 590,010
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.51B
For an in-depth examination of VRNO stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com