Verano logo — We Say Yes

Verano

We Say Yes

Founded 2014 United States Chicago, United States 1023 employees Post-IPO Debt Total: $300.04M Health Care

General Information

Company Name Verano
Founded Year 2014
Location United States Chicago, United States
Employees 1023
Industries Health Care
Funding Stage Post-IPO Debt
Social

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About Verano

Verano Holdings Corp. is a prominent player in the U.S. cannabis industry, renowned for its historical revenue, expansive geographic presence, and strong brand performance. The company, with a mission of embracing cannabis progress, operates under the slogan "We Say Yes." Verano provides a top-tier cannabis retail experience in both medical and adult-use markets through its Zen Leaf™ and MÜV™ dispensaries and offers a wide range of high-quality, regulated cannabis products under trusted consumer brands such as Verano™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™. Established in 2018 and headquartered in the United States, the company boasts active operations across 13 U.S. states, encompassing 14 production facilities with an impressive 1,000,000 square feet of cultivation capacity. Notably, Verano received a significant $350.00M post-IPO debt investment on 27 October 2022. This latest injection of funding underscores investor confidence in the company's growth potential within the Health Care industry. For further details, visit www.verano.com.

Business keywords: Cannabis Industry, Vertical Integration, Multi-state Operator, Cultivation, Health, Medical Cannabis, Recreational Cannabis, Branding, Market Expansion, Consumer Brands, Regulated Products, Dispensary Operations, Sustainable Growth

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $100.00M 1
Advanced Flower Capital
02 Mar 2022
Post IPO Equity $100.04M -
24 Feb 2021
Post IPO Equity $100.00M -
21 Jan 2021

Verano Alternatives & Competitors

View All Alternatives
Verano vs
Happy Valley
Happy Valley United States

Happy Valley is a vertically integrated cannabis company with retail locations in Gloucester and Bos...

125 employees
Health Care
Verano vs
Vireo Health, Inc.
Vireo Health, Inc. United States

Vireo Health, Inc. is the leading science-focused, physician-led multi-state cannabis company. CNSX:...

Post-IPO Debt
214 employees
Biotechnology, Health Care
Verano vs
Bloom Cannabis
Bloom Cannabis United States

Bloom Cannabis & WonderGrove

Debt Financing
60 employees
Health Care

FAQ About Verano

We Say Yes
Verano was founded in 2014.
Verano is headquartered in Chicago, United States.
Verano operates in Health Care. Its work centres on Cannabis Industry, Vertical Integration, Multi-state Operator and Cultivation.
Verano has approximately 1023 employees.
Verano has completed 3 funding rounds, raising a total of $300.04M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Verano include Happy Valley , Vireo Health, Inc., Bloom Cannabis, bud.com, Franchise Cannabis. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Verano and Happy Valley are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Verano, https://bouncewatch.com/company/verano, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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