Verano Holdings Corp. (CSE: VRNO) (Pink: VRNOF) (“Verano” or “the Company”), a leading multi-state cannabis company, today announced it has closed on its Arizona acquisitions of Territory Dispensary, Emerald Dispensary and Local Joint Dispensary. The Company now has the third largest retail footprint in Arizona with six active storefronts, plus two cultivation facilities.
- The transaction included three premium, high-traffic dispensaries located in Mesa, Chandler and Gilbert, Arizona, plus approximately 20,000 sq. ft. of cultivation and processing in Winslow, and two real estate locations (collectively, the “Territory Dispensary”). For further information on the transaction, please see the Company’s previous announcement.
- The transaction included one highly productive dispensary in Central Phoenix. For additional information on this transaction, please refer the Company’s previous announcement.
Local Joint Dispensary
- The transaction included one highly productive dispensary, primely located just minutes from the Phoenix airport and the densely-populated university campus community. For additional information on this transaction, please see the Company’s previous announcement.
Verano Holdings Corp. is a leading, vertically-integrated, multi-state cannabis operator in the U.S., devoted to the ongoing improvement of communal wellness by providing responsible access to regulated cannabis products. With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands: Verano, Avexia, Encore, and MÜV™. The company’s portfolio encompasses 14 U.S. States, with active operations in 11, which includes eight production facilities comprising approximately 770,000 square feet of cultivation. Verano designs, builds, and operates dispensaries under retail brands Zen Leaf™ and MÜV™, delivering a superior cannabis shopping experience in both medical and adult-use markets. Learn more at www.verano.com.