Verano Holdings Reports Q3 Financial Results
Company Announcements

Verano Holdings Reports Q3 Financial Results

Story Highlights

Verano Holdings (TSE:VRNO) has released an update.

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.

Related Articles
TheFlyVerano Holdings price target lowered to C$13 from C$16.50 at Canaccord
TipRanks Auto-Generated NewsdeskVerano Holdings Reports Q3 2024 Financial Results
TheFlyVerano price target lowered to C$7 from C$12 at Alliance Global Partners
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App