Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. The company offers artisanal cannabis products under the Encore, Avexia, MUV, and Verano brands for medical and adult-use markets. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. The company is headquartered in Chicago, Illinois.
Revenue of Verano Holdings Corp. (VRNOF)
Revenue in 2023 (TTM): $938.45 M
According to Verano Holdings Corp.'s latest financial reports the company's current revenue (TTM) is $938.45 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Verano Holdings Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $938.45 M | $475.21 M | $299.19 M | $27.8 M | $-117,348,000 |
| 2022 | $879.41 M | $423.06 M | $133.87 M | $-163,403,000 | $-268,873,000 |
| 2021 | $737.85 M | $334.56 M | $213.56 M | $91.96 M | $-12,167,000 |
| 2020 | $290.79 M | $172.5 M | $-233,828 | $-249,022 | $-264,216 |
| 2019 | $85.66 M | $46.8 M | $-57,959 | $-63,599 | $-60,344 |