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An update from Verano Holdings ( (TSE:VRNO) ) is now available.
Verano Holdings Corp., a major U.S. cannabis operator with 158 dispensaries across 13 states and extensive cultivation and processing capacity, sells a broad portfolio of branded cannabis products for both medical and adult-use markets through its Zen Leaf and MÜV retail banners and related consumer offerings. The company is publicly celebrating President Donald Trump’s executive order directing the Department of Justice to move cannabis from Schedule I to Schedule III under the Controlled Substances Act, highlighting the potential for expanded medical research, improved access to banking, tax relief and the possibility of a U.S. stock exchange listing; Verano’s leadership frames the policy shift as a transformative milestone that could accelerate industry normalization, job creation, and broader economic and community benefits for cannabis businesses of all sizes.
The most recent analyst rating on (TSE:VRNO) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Verano Holdings stock, see the TSE:VRNO Stock Forecast page.
Spark’s Take on TSE:VRNO Stock
According to Spark, TipRanks’ AI Analyst, TSE:VRNO is a Neutral.
The overall stock score reflects significant challenges in financial performance and technical analysis, with declining revenues, profitability issues, and stagnant price trends. However, positive corporate events provide some optimism for future growth and market expansion. The valuation remains unattractive due to negative earnings and lack of dividends.
To see Spark’s full report on TSE:VRNO stock, click here.
More about Verano Holdings
Verano Holdings Corp. is a vertically integrated, multi-state cannabis operator in the United States, with active operations across 13 states. The company runs 158 dispensaries under its Zen Leaf and MÜV retail banners, offers membership-based services through its Cabbage Club program, and produces a wide range of regulated cannabis products under brands including Verano, Essence, MÜV, Savvy, BITS, Encore and Avexia. Its operations include 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity, positioning Verano as one of the industry’s leading players by revenue, geographic scope and brand performance.
Technical Sentiment Signal: Sell
Current Market Cap: C$2.17B
For detailed information about VRNO stock, go to TipRanks’ Stock Analysis page.