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Verano Holdings ( (TSE:VRNO) ) has issued an announcement.
On September 15, 2025, Verano Holdings Corp. announced its intention to redomicile from British Columbia, Canada, to Nevada, USA. This strategic move aims to align the company’s domicile with its U.S.-based operations and streamline its regulatory structure. The redomiciling process, which requires shareholder approval, is expected to have no material impact on Verano’s existing manufacturing and retail operations across 13 U.S. states. Upon completion, the company’s shares will continue to trade under the same ticker symbols on Cboe Canada and OTCQX.
The most recent analyst rating on (TSE:VRNO) stock is a Hold with a C$6.00 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.
Verano Holdings’ overall stock score reflects significant financial challenges, including declining revenues and profitability issues. The technical analysis indicates potential risks due to volatility and overbought conditions. While there are some positive developments in retail growth and cost management, these are overshadowed by ongoing market pressures and financial instability.
To see Spark’s full report on TSE:VRNO stock, click here.
More about Verano Holdings
Verano Holdings Corp. is a leading multi-state cannabis company in the U.S., known for its significant historical revenue, geographic scope, and brand performance. The company operates under the Zen Leaf™ and MÜV™ dispensary banners and offers a variety of high-quality cannabis products through its diverse portfolio of brands. Verano’s operations span 13 U.S. states, with 15 production facilities and over 1.1 million square feet of cultivation capacity.
Technical Sentiment Signal: Sell
Current Market Cap: C$2.17B
See more data about VRNO stock on TipRanks’ Stock Analysis page.