Verano Holdings has filed a notice of an exempt offering of securities to raise $40 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Verano Holdings is raising up to $40,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, George Archos played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Verano Holdings
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industrys leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state operator embracing a mission of saying Yes to plant progress and the bold exploration of cannabis. Verano offers a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf and MV dispensary banners and produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano, MV, Savvy, BITS, Encore, and Avexia. Veranos active operations span 13 U.S. states, comprised of 14 production facilities with over 1,000,000 square feet of cultivation capacity.
To learn more about Verano Holdings, visit http://verano.com/
Verano Holdings Linkedin Page: https://www.linkedin.com/company/verano-holdings/
Contact:
George Archos, Chief Executive Officer
312-265-0730
https://www.linkedin.com/in/george-archos-6a9455172/
SOURCE: http://www.intelligence360.io
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