Verano Holdings (TSE:VRNO) has released an update.
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Verano Holdings reported a decrease in revenue and net profit for the third quarter of 2024, with a net revenue of $217 million and a net loss of $43 million. Despite these financial challenges, the company remains optimistic about future growth opportunities, particularly in Florida, and is preparing for potential legislative changes that may benefit the cannabis industry.
For further insights into TSE:VRNO stock, check out TipRanks’ Stock Analysis page.
