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Verano Holdings 'On An Acquisitive Streak In 2021'
Thursday, September 16, 2021 - 5:37pm | 298Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) went public in February to more easily pursue M&A, and since then, has been on an acquisitive streak, reported New Cannabis Ventures. The Chicago-based company opted to acquire all of the issued and outstanding equity interests in Agri-Kind, LLC...
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Verano Debuts In Pennsylvania, Launches Zen Leaf Harrisburg
Wednesday, December 2, 2020 - 2:43pm | 359Cannabis company Verano Holdings is cutting the ribbon on its first retail location in Pennsylvania. The new store — located 137 S. 17th Street in Harrisburg — is the first of three dispensaries the Chicago-based company intends to launch in the Keystone State. The opening of Zen Leaf...
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Verano Merges With AltMed in Florida and Arizona
Wednesday, November 11, 2020 - 12:23pm | 412Verano Holdings LLC is merging with Alternative Medical Enterprises LLC, Plants of Ruskin LLC and other affiliated entities. The Chicago-based cannabis company opted to acquire combining operations with AltMed in Florida and Arizona. The new entity will operate under the Verano...
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Harvest Health Q1 In Review: Heavy M&A Action Leading Up To Earnings Call
Thursday, May 14, 2020 - 4:50pm | 829Vertically-integrated cannabis MSO Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) announced this week it will hold an earnings call on May 20 to discuss the results of the first quarter of 2020. The company showed significant M&A action throughout the first three months of 2020...
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Harvest And Verano End M&A Talks, May Revisit Deal In The Future
Thursday, March 26, 2020 - 4:50pm | 468Harvest Health & Recreation Inc (CSE: HARV) (OTC: HRVSF) and Verano Holdings LLC are no longer planning to merge — for now. The two companies announced Thursday the joint decision to terminate their original deal, which was first announced back in April 2019. The...
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A Snapshot Of America's Medical Marijuana Markets: Illinois
Tuesday, February 4, 2020 - 5:07pm | 1177On Jan. 1, 2020, Illinois became the 11th U.S. state to begin adult use cannabis sales. In doing so, Illinois became the latest to serve as an example of how state's fair after expanding to include adult use sales. The Priorities For Cannabis In Illinois While most agree that it is too early to...
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Harvest Health & Recreation Buys Verano Holdings In $850M All-Stock Deal
Monday, March 11, 2019 - 3:41pm | 427Vertically integrated cannabis company Harvest Health & Recreation Inc (OTC: HRVSF) said Monday it will acquire Chicago-based peer Verano Holdings in an all-stock deal worth $850 million. This is the second acquisition announced by Harvest Health & Recreation in the last month. Verano,...
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'Long Overdue': Experts React To The Passage Of The Farm Bill, Hemp Legalization
Wednesday, January 9, 2019 - 5:38pm | 995From companies going public on major exchanges, mergers and acquisitions and full legalization of weed in Canada, 2018 was a transformational year in cannabis. One major milestone for the industry was the passage of the 2018 Farm Bill. Although the bulk of the spending in the bill...
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Cannabis Company Verano Holdings Launches With $120M Investment
Wednesday, October 24, 2018 - 2:56pm | 620A new company has joined the ranks of enterprises in the cannabis space. Chicago-based Verano Holdings has received financing totaling $120 million and will be led by co-founders George Archos as CEO and Sam Dorf as chief strategy officer. Verano Aims To Be A Leading US Cannabis Company Verano...